Tripoli Conference 2017

Economic Growth: Challenges and Opportunities

Investors, businesspeople, ambassadors, and representatives of the international community are all keeping a close eye on Tripoli. The capital of the North is expected to become a launch pad for Syria’s post-crisis reconstruction. The city’s location and proximity to the Syrian borders make it a practical link between Syria and the global community. Tripoli, Lebanon’s second largest city, could become one of the key supply routes to Syria’s reconstruction investments, due to its strategic location between the Mediterranean Sea and some of Syria’s most devastated provinces including Homs and Damascus.

Tripoli is benefiting from an investment pipeline already exceeding USD 220 Million, and expected to reach USD 400 Million. Projects to upgrade and revamp the city’s logistics, transport, and business infrastructures are underway:

 

  • The redevelopment of the Port of Tripoli (PoT) for USD 58 Million will add a new container to Lebanon’s second largest port, and bring its processing capacity to 800,000 per year
     
  • The construction of a 35-km railroad will connect the PoT to the Syrian border. The first tranche valued at USD 60 Million was jointly secured by the World Bank and the Islamic Development Bank
     
  • The creation of the Tripoli Special Economic Zone (TSEZ), the largest free zone in Lebanon, will offer vast fiscal, financial, and business incentives

The 2017 Tripoli Conference provides stakeholders with a platform to discuss Tripoli’s economic opportunities and challenges, and the city’s ongoing and upcoming projects in relation to post-crisis Syria.

The conference will give investors, developers, international and local suppliers, as well as local authorities, a chance to address these topics and benefit from Tripoli’s economic development.

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