DECEMBER ACTIVITIES
DIRECTOR GENERAL MEETING AT THE EUROMED MIGRATION III
Within the framework of the European Union's EUROMED Migration III, the Chairman of IDAL, Mr. Nabil Itani and Director General of the Directorate of Emigrants at the Ministry of Foreign Affairs Mr. Haytham Jomaa, along with the national coordinator of the ICMPD project in Lebanon Colonel Kamil Naoum, have participated at the Director's General meeting in Rome. The objective of the meeting is to evaluate the progress achieved within EUROMED Migration III and seek consensus on the strategic and thematic orientation for the next phase of the programme. Our participation at the conference is key since we are entrusted with attracting diaspora direct investments and in supporting expatriates in their business operations in Lebanon.
ADVANCED PLASTIC INDUSTRIES SIGNED WITH IDAL THE PACKAGE DEAL CONTRACT
Advanced Plastic Industries (API) has signed with IDAL for the Package Deal contract with the approval of the Council of Ministers. API, which is specialized in plastic pipes manufacturing is interested to expand its factory to cater to its growing export needs to Europe and Africa. The expansion project is estimated at $20 Million and will create 30 job opportunities. API will benefit from a tax break for up to 10 years, 50% reduction on work and residence permits, 50% reduction on construction permit fees, and free land registration fees among others.
COLLABORATION WITH MINISTRY OF AGRICULTURE
We have met with the Minister of Agriculture to look into ways to increase agriculture exports as well as the participation of Lebanon in international trade shows for the year 2015.
PAVING THE WAY FOR CORPORATE SOCIAL RESPONSIBILITY
IDAL was a bronze sponsor of the fourth CSR Forum in Beirut on the 8th of December. This knowledge-based forum tackled materiality, entrepreneurship, business education and collaboration between the private and public sector. Our team also attended the workshops on Strategy and Reporting.
SUPPORTING INVESTMENT POLICY REFORMS IN MENA
IDAL, represented by its Legal Advisor Me. Walid Hanna, took part in the annual meeting of the MENA-OECD working group on Investment Policies and Promotion in Cairo. The event, which was organised jointly by the League of Arab States discussed the latest trends and policy reforms at the national and regional levels and looked into the way forward following the assessment.
