Monday, January 18, 2016

Construction permits down in number and surface. Mount Lebanon accounts for half of all new developments


The number of construction permits, which measures future construction activity, totaled 13,900 in 2015, dropping by 12 percent compared to the year before, according to the Orders of Engineers in Beirut and Tripoli. But the total area of these construction permits went down by only five percent and reached 12.3 million square meters. Around half of permits are located in Mount Lebanon.

The area per construction permit grew by around nine percent year on year, to 885 m2. In 2014 as well, ...

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