Wednesday, September 21, 2016

Industrial permits down 14 percent.

Industrial permits issued by the Ministry of Industry (MoI) reached 304 licenses in the first half of 2016, a decrease of 14 percent compared to the same period last year.

Licenses issued to semi-light industries, such as food industry factories, reached 116 licenses, while 109 licenses were issued to 'light' category industries, such as textile factories.

Ziad Bekdache, Vice Chairman of the Association of Lebanese Industrialists, said: "It is normal that investors are not encoura...

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