Lebanese government to implement CEDRE pledges and projects - Business
15 Feb 2019 | Business

Lebanese government to implement CEDRE pledges and projects

Lebanese government to implement CEDRE pledges and projectsThe new Cabinet plans to start executing the Capital Investment Plan (CIP) which was agreed upon at the CEDRE conference, according to the government’s draft policy statement.The CIP mainly involves infrastructure projects with total investments of $17 billion that will be deployed over eight years after the government approves the projects and sets the priorities. Nearly $5 billion of the total will be financed by the local and foreign private sectors through public-private partnerships (PPP).The government plans to speed up the implementation of projects whose funds, totaling $3.3 billion, had been secured prior to the CEDRE donor conference.FULL ARTICLE

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