[This story identifies the key areas of growth and revitilization in Lebanon. As we've mentioned, this nation will become a key shipping destination, resulting in the construction of two new ports in Sidon and Tyre.]

February 27, 2008

BEIRUT: The US Department of Commerce (USDC) said in a report that the 2006 war with Israel and the subsequent political instability have led to a slowdown in investments.

"The challenges that could hinder doing business in Lebanon are topped by the July 2006 war and the subsequent political instability, which had a negative impact on economic growth, and as a result led to a slowdown in investments," the US Department of Commerce said in its 2008 Country Commercial Guide for Lebanon (CCG).

..."Such projects include roads and highways, ports, electricity, education, and water supply," the report said...