INVESTMENT PROJECTS THAT BENEFITED FROM THE PDC SCHEME
Tourism Four Seasons Hotel The Four Seasons Hotel is one of the first investment projects that were mediated by IDAL, located in downtown Beirut. It offers terraced hotel rooms, a rooftop lounge, a luxurious spa, and other state-of-the-art facilities. Investment Size: USD 144 million Jobs Created: 327 Nationality of Investor: Saudi Arabian Operation Date: 2010 www.fourseasons.com/beirut Le Gray Hotel Le Gray Hotel is a luxurious and modern five-star hotel in the heart of Beirut. Investment Size: USD 87.5 million Jobs Created: 236 Operation Date: 2009 www.campbellgrayhotels.com/le-gray-beirut The Landmark Project The Landmark is a mixed use development project in downtown Beirut. Designed by renowned French architect Jean Nouvel, it will include a luxury hotel with serviced apartments, luxury apartments, a shopping mall, cinemas, and entertainment halls for children. Sub-sector: Leisure & Recreation Parks Investment Size: USD 126 million Jobs to be Created: 336 Nationality of Investor: Kuwaiti Operation Date: 2014
www.landmarklb.com Grand Hyatt Hotel The Grand Hyatt is a five-star luxury hotel, located in downtown will offer high-quality standard guest rooms, suites, and restaurants, in addition to retail shops and residential suites. Investment Size: USD 81 million Jobs to be Created: 440 Saudi Arabian Operation Date: 2014 Staybridge Suites Hotel The Staybridge is a five-star hotel, located in the bustling Verdun district in Beirut. Investment Size: USD 45.3 million Jobs to be Created: 170 Operation Date: 2014 www.ichotelsgroup.com/staybridge/hotels/us/en/beirut/beyvs/hoteldetail Kidz Mondo KidzMondo is an entertainment complex for children, located in Beirut s New Waterfront, the 1st of its kind in Lebanon. Sub-sector: Leisure & Recreation Parks Investment Size: USD 15 million Jobs Created: 224 Operation Date: 2013 www.kidzmondo.com
Mandarin Oriental The international hotel chain will manage a five-star hotel, to be located in Beirut s central district. The project will also feature a center for cultural activities and entertainment. Investment Size: USD 208 million Jobs to be Created: 250 Type of Investment: Joint Venture Saudi Arabian Operation Date: 2017 Vendôme Hotel Expansion The Vendôme Hotel Expansion is an investment targeting the expansion of the 5-star boutique hotel "Intercontinental Vendôme" in Beirut. Investment Size: USD 31.8 million Jobs to be Created: 70 Type of Investment: Expansion Operation Date: 2016 www.levendomebeirut.com Summerland Kempinski Hotel & Resort This project involves the reconstruction of the former Summerland Hotel in Beirut covering a total built area of 65,000 sqm. Managed by the international chain Kempinski Hotels, the resort will consist of a five-star hotel, restaurants and retail stores, in addition to a health club, marina and other outdoor facilities. Investment Size: USD 155 million Jobs to be Created: 221 Saudi Arabian Operation Date: 2015
Raouché Rotana Suites This project comprised the construction of a hotel in the area of Ras Beirut. With an overall area of 17,159 sqm, the 16-storey hotel features 87 rooms and 89 suites. Investment Size: USD 21.8 million Jobs Created: 122 Libyan Operation Date: 2009 www.rotana.com/raoucharjaanbyrotana Beirut Waterfront Development The Beirut Waterfront Development (BWD) is a joint venture between Solidere and Stow Waterfront. The project, designed by Steven Holl in collaboration with Lebanese architect Nabil Gholam, comprises residential, commercial and recreational facilities around 12,000sqm of fullyserviced, furnished units for sale. There will also be an 800-member yacht club and a health & fitness center, in addition to 9,000 sqm of commercial areas. Sub-sector: Leisure & Recreation Parks Investment Size: USD 44 million Job Created: 210 Nationality of Investor: British Operation Date: 2012 (partially) www.zaitunaybay.com Hilton Beirut This five-star hotel is to be located at the heart of downtown Beirut. The project has yet to be completed. Investment Size: USD 46 million Jobs to be Created: 209 Iraqi Operation Date: N/A
Jiyeh Resort, Blue Resort This resort, to be located in the coastal town of Jiyeh, 35km south of Beirut, will be built in two phases. The first phase will include the construction of 196 chalets and 92 cabins, 3 swimming pools, 2 restaurants and a 17,577m2 yacht berths. The second phase will see the rise of an eight-story hotel with 138 rooms and 10 suites, as well as a restaurant, terrace, ballroom and health club. Investment Size: USD 21.2 million Jobs to be Created: 214 Operation Date: N/A Metropolitan City Center / Habtoor Grand Hotel Convention Center and Spa Overlooking the city of Beirut, the Habtoor Grand Hotel Convention Center and Spa (Today managed by Hilton Hotels & Resorts) was inaugurated a few years back and comprised 151 guest rooms and suites. Investment Size: USD 142 million Jobs Created: 254 Nationality of Investor: Emirati Operation Date: 2005 www.habtoorgrandhotelbeirut.com Industry Advanced Security Printing Solutions by Inkript This project consists in producing secure printed documents for official uses, such as passports, ID cards, ballot papers, etc. The company will export its products to countries in the Middle East, Africa, and Asia.
Sub-sector: Paper Products/ Packaging Investment Size: USD 11 million Jobs to be Created: 102 Operation Date: 2015 www.inkript.com Matelec Expansion project which aims at diversifying the company's industrial facilities in Jbeil (Mount Lebanon), increasing the quantity of electrical distribution, power transformers, pre-fabricated package substations, medium voltage switchgears, and low voltage panels available for the local market. Sub-sector: Transformers Investment Size: USD 35 million Jobs Created: 105 Type of Investment: Expansion Operation Date: 2012 www.matelecgroup.com Kfoury Metals for Steel Production This project is a steel production plant in Salaata, Batroun, in the North of Lebanon. The first phase involved the construction of all facilities and the procurement of equipment. Once in full operation, the plant will provide the market with locally-produced goods at very competitive prices. Sub-sector: Metals, Machinery & Equipment Investment Size: USD 15,000,000 Jobs Created: 120 Operation Date: 2012
Algorithm Expansion This project consists in the expansion of the production line of the pharmaceutical company in Zikrit, Metn. Some of its products include non-sterile liquids, creams and ointments, suppositories, oral suspensions, in addition to other products under license. Sub-sector: Pharmaceuticals Investment Size: USD 12 million Jobs to be Created: 100 Type of Investment: Expansion Operation Date: 2015 www.algorithm-lb.com Media Front D'Or This USD 4.1 million investment project, located in Beirut, will serve as the provider of exclusive post-production services. 25 new jobs would be created as a result of this project, which will contribute to the development of a regional hub for all media, music production companies, and television directors. Sub-sector: Production Facilities Investment Size: USD 4 million Jobs to be Created: 25 Operation Date: 2014 Agro-Industry Tayyebat This project, located in Saida in the South of Lebanon, is to produce potato chips, half-fried or frozen, to cater for a growing Agro-Food market. Sub-sector: Food Investment Size: USD 3 million Jobs to be Created: 60
Operation Date: 2012 Cedar s Premium Food & Beverage Former owner of the well-known Pampa, this new company will be involved in the production and sales of fruit juices, carbonated fruit drinks and dairy products. Cedar is located in Koura, North of Lebanon. Sub-sector: Beverage Investment Size: USD 6.4 million Jobs Created: 46 Operation Date: 2009 www.cedarspremium.com Daher Agro-Industrial Company & Daher International Food Company Daher Agro-Industrial Company developed a plant for the manufacturing of potato chips, as well as a range of snacks using corn as main ingredient. This is the first project of a planned industrial complex in West Bekaa. The second plant, built by Daher International Food Company, manufactures breakfast cereals, cornflakes and other food products from wheat, corn, rice and oats. Production mainly goes to the local market, with some destined for export to the region as well as further afield. Sub-sector: Food & Beverage Investment Size: USD 17.7 million Jobs Created: 376 Operation Date: 2006 www.daherfoods.com
Technology Arwan Pharmaceuticals This investment project located in Jadra (Mount Lebanon) aims to develop biotechnology products. It will be considered a landmark in Lebanon and the region for its products, and the advanced technology used to produce them. Sub-sector: Pharmaceuticals Investment Size: USD 17 million Jobs to be Created: 83 Emirati Operation Date: 2016 www.arwanlb.com Agriculture NPPC Fresh Produce Factory NPPC is a center for fruit and vegetable packaging established in Taanayel, the Bekaa. The project has a positive impact on the local economy and creates competition with existing packaging centers by applying more cost-effective packaging technologies. Sub-sector: Packaging Investment Size: USD 11.3 million Jobs Created: 37 Nationality of Investor: Kuwaiti Operation Date: 2009