An Economic Boom Coming Batroun’s Way?

I was sent this report, saying that the Maronite League is bringing an economic zone to Batroun, which will help in creating over 3000 jobs for the region.

The Maronite League will announce next week a plan to establish a new special economic district in Batroun. A primary feasibility study has been performed for the project.

The location of the new district will be defined through a draft law already sent to Parliament, said a senior member of the Maronite League. The project will include businesses involved in soft industries, including ICT firms.

Businesses located within the zone will benefit from special services, facilities, and incentives, such as tax exemptions and discounts on NSSF subscriptions for employees.

“We aim at creating incentives for local and foreign companies to come and invest here, instead of taking their investments to other countries, such as Dubai or Qatar,” the Maronite League member said.

The district is expected to generate some 3,000 job opportunities. According to the source, businessmen involved in the Maronite League have expressed their willingness to move their offices into Batroun. “Over 100 companies are expected to have offices in the Batroun special economic district.”

A similar special economic zone has been announced earlier this year for Tripoli.

If this news turns out true, it would drive one of Lebanon’s more needy areas lightyears forward and would help its citizens stay home instead of moving to other Lebanese areas or even abroad in order to find jobs. This might signal a hidden demographic motive for the Maronite League in one of Lebanon’s biggest Maronite regions. Personally, I don’t really care seeing as this is such a positive sign for the region and they should be commended for doing something that very few, including the Lebanese state, have even considered before.

I’m pleased that this project won’t have a political stamp on it. We won’t get MPs or MP wannabes telling us how we should be eternally grateful for them bringing 3000 jobs to the district when they ask for our votes next year.

Another positive attribute is the fact that this is the first time such a massive project has been undertaken outside Beirut and its suburbs, which might help shift the way things are done in this country away from the deep conviction of: “Beirut & neighbors first and foremost. Almost everywhere else in Lebanon doesn’t matter.”  And with relatively short commute times for the regions around Batroun, the project’s reach will extend beyond Batroun.

I’m interested in knowing where the project will be built and I hope it’ll take environmental factors into consideration in keeping the pristine aspect of the region relatively intact or at least let it not turn into another disaster like Chekka. But pristine doesn’t bring food to the table.

Some other non-Maronite League projects involving the area include turning the Tobacco control headquarters into a branch for the Lebanese University as well as building a centralized Official High School for the entire caza in Ebrine, which seems to have been buried in a bureaucratic mess, the Batroun-Tannourine highway which seems to have stalled in its final stretch, not to mention the sewage and water networks project which has basically made our driving a living a hell with the serious lack of efficiency in the contractor the Lebanese government hired.

Add to all of this studies indicating that some of the highest amounts of oil and petrol may be found off of Batroun’s shores, the area will witness a lot of development in a short period of time. Well, it’s about time.

Advertisements

6 thoughts on “An Economic Boom Coming Batroun’s Way?

  1. Pingback: Michel Hayek & Layla Abdul-Latif’s 2013 Predictions « A Separate State of Mind | A Lebanese Blog

  2. Pingback: Lebanon To Have Its Very Own High-Tech “Silicon Valley” Soon? | A Separate State of Mind | A Lebanese Blog

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s