Spending on infrastructure through Public Private Partnerships (PPP) would stimulate the Gross Domestic Product (GDP) in the medium and long terms, according to Ziad Hayek, the Secretary General of the Higher Council for Privatization.
He said: "Lebanon needs $6.2 billion in the sectors of power, water, transport, and services, through PPP."
Hayek, who was speaking at a workshop at the Basil Fleihan Institute, said that these investments would boost GDP growth by 4.4 percent. A sp...
Article details
No comments:
Post a Comment