Mission économique
The Chamber of Commerce of the Grand Duchy of Luxembourg, together with Bruxelles Invest & Export, AWEX and the Arab Belgian Luxembourg Chamber of Commerce will organize a multi-sectoral trade mission to Jordan and Lebanon from the 7th to the 11th of May 2018.
The joint Trade Mission will start in Amman and continue its program in Beirut. The participating companies will have the opportunity to take part in business-to-business meetings with local companies in both locations.
Jordan is an emerging economy oriented towards services, very open to foreign trade and an important gateway to Iraq. Largely liberalized and privatized in the 2000s, Jordan's economic growth is expected to reach 2.5 percent by 2020. The main economic issues of the coming years are related to infrastructure development. Demographic and economic growth generates significant needs in the areas of water, energy, waste and urban transport.The "Jordan 2025" strategy, published in 2015, is the road map for the next ten years, with $ 20 billion in planned investments. Most sectors offer opportunities, including water, energy (especially renewable energies), transport, construction, tourism, medical sector, telecommunications, environment and agro-food products.
Open, French-speaking and with very active private operators, the Lebanese market is particularly welcoming European products. It constitutes a springboard to the region's markets as well as to Africa. According to Moody's forecasts, GDP in Lebanon is expected to grow by almost 3% in 2018. Lebanon has many strategic advantages, including its geographical proximity to Syria, compared to other countries that are eyeing this $ 220 billion project. The vitality of the main economic sectors (real estate, banks, tourism and consumption) makes Lebanon a very dynamic market. At the public level, growth sectors are those of infrastructures (electricity, national plan to develop renewable energy, tenders for offshore hydrocarbon exploration, establishment of sewage facilities and water treatment plants). At the private level, these are traditionally importing sectors, such as construction accounting for 15% of GDP, food, luxury goods, health sector and information technology.
An information seminar will take place in Brussels on March 20, 2018.
In case of interest, you are kindly requested to duly complete the linked registration form no later than March 16th, 2018.
For further information about this upcoming mission, feel free to contact Mrs Edith Stein (Tel: 42 39 39 - 482), Mrs Déborah Varoqui (tel: 42 39 39 - 573) or by email via middleeast@cc.lu.