In 2001, Investment Law No.360[1] was enacted to reinforce the organisation's mission, providing a framework for regulating investment activities in Lebanon, and providing local and foreign investors alike with a range of incentives and business support services.
IDAL enjoys financial and administrative autonomy and reports to the President of the Council of Ministers who exercises a tutorial authority over it.
It provides investors with fiscal and labor related incentives as well as set-up fees reductions.
Under this scheme, the investor is bound by a contract with the Lebanese government represented by IDAL.
Apart from granting incentives on investment projects, IDAL in entrusted with the following services: Mr. Nabil Itani, Chairman and General Manager Mr. Georges Kassab, Vice-President Mr. Ramzi El-Hafez, Board Member Mr. Mourched F. Hage Chahine, Board Member Mr. Wassim G. Audi, Board Member Mr. Farid N. El Kheshen, Board Member Mr. Nacib M. Hoteit, Government Commissioner Contact Details