plumbing-info.com
Search In -     Enter text to search for -       (min 3 char)
July 06, 2008
Home
World News
Industry News
Business News
New Technologies
Environmental News
Points To Ponder
Country Profiles
Newsletter
Evolution of Plumbing
Interviews
Trade Services
Search
Products
Trade Shows
Product Showcase
Links
FAQ
Tools
Discussion Forum
Books & Publications
Plumbing Codes
Free Downloads
Message Board
World Phone Codes
World Time Zones
Set As Homepage
Add To Favorites
Register with Plumbing-info.com
Country Profiles
Lebanon Lebanon Flag

Brief History    Geography & Demographics    Water & Sanitation    Economy
Trade & Industry    Business    Holidays    Travel    Links
________________________________________________________________________

Lebanon Map

Official Name: Lebanese Republic
Capital:Beirut
Population: 3,826,018 (July 2005 est.)
Major language: Arabic (official), French, English, Armenian
Major religion: Muslim 59.7%,Christian 39%, Other 1.3%
Monetary unit: 1 Lebanese pound = 100 Piastres
International dialing code: +961
Main exports: Authentic jewelry, inorganic chemicals, miscellaneous consumer goods, fruit, tobacco, construction minerals, electric power machinery and switchgear, textile fibers, paper.

Brief History:

Lebanon is, historically, the home of the Phoenicians, who are essentially Semitic traders whose maritime culture has flourished in this region for more than 2,000 years (c. 2700-450 B.C.). In later centuries, Lebanon's mountains were a refuge for the Christians, and the Crusaders established several strongholds there. Following the collapse of the Ottoman Empire after World War I, the five Ottoman provinces that had comprised present-day Lebanon were mandated to France by the League of Nations. The country gained independence in 1943, and the French troops were withdrawn in 1946. Lebanon's history from independence onwards, has been marked by periods of political turmoil interspersed with periods of prosperity, built on Beirut's position as a regional center for finance and trade.

During the 1960s, Lebanon enjoyed a period of relative calm and 'Beirut-focused tourism' and 'banking sector-driven' prosperity. In the early 1970s, difficulties arose over the presence of Palestinian refugees, many of whom arrived after the 1967 Arab-Israeli war and the "Black September" 1970 hostilities in Jordan. In 1981 heavily armed forces of the Palestine Liberation Organization (PLO) occupied large areas of southern Lebanon. By early November 1992, a new parliament had been elected, and Prime Minister Rafiq Hariri had formed a cabinet, retaining for himself the finance portfolio. Rafiq Hariri returned to office as Prime Minister in November 2000.

Top

Geography:

Location:Middle East, bordering the Mediterranean Sea, between Israel and Syria
Area: Total: 10,400 sq km   Land: 10,230 sq km   Water: 170 sq km
Land Boundaries: Total: 454 km
Natural Resources: Limestone, iron ore, salt, water-surplus state in a water-deficit region, arable land
Environment - Current Issues: Deforestation; soil erosion; desertification; air pollution in Beirut from vehicular traffic and the burning of industrial wastes; pollution of coastal waters from raw sewage and oil spills

Demographics:

Population   3,826,018 (July 2005 est.)
Age Structure   0-14 years: 26.7%
   15-64 years: 66.4%
   65 years and over: 6.9%
Population Growth Rate   1.26% (2005 est.)
Birth Rate   18.88 births/1,000 population (2005    est.)
Death Rate   6.24 deaths/1,000 population (2005    est.)
Net Migration Rate   0 migrant(s)/1,000 population (2005    est.)
Sex Ratio   at birth: 1.05 male(s)/female
   under 15 years: 1.04 male(s)/female    15-64 years: 0.92 male(s)/female
   65 years and over: 0.83 male(s)/female
   total population: 0.94 male(s)/female    (2005 est.)
Infant Mortality Rate   25.52 deaths/1,000 live births
Life Expectancy at Birth   total population: 72.63 years
   male: 70.17 years
   female: 75.21 years (2005 est.)
Total Fertility Rate   1.92 children born/woman (2005 est.)
Literacy   definition: age 15 and over can read    and write
   total population: 87.4%
   male: 93.1%   female: 82.2% (2003    est.)

Top

Water and Sanitation:

% of population with access to
safe water
% of population with access to
adequate sanitation
Water - Total100Sanitation - Total87
Water - Urban100Sanitation - Urban100
Water - Rural100Sanitation - Rural87

Economy - Overview:

The Lebanese economy is service-oriented, with the main growth sectors including banking and tourism. Lebanon's liberal economy enjoys free trade based on competition and heavily dependent on the private sector. The public sector is constrained to the infrastructure and social policy. Lebanon is mostly dependent on the services industry and financial & banking industries, which constitutes 70% of national product, while the industrial sector occupies 20%, and the agricultural sector 10%. The Services sector is the dominant economic sector, and heavily depends on trade, imports, exports, tourism, hotels, restaurants, and the entertainment industry, but mostly on the financial industry. The Lebanese industry is mainly evolving according to the local and foreign demands of the market. Main industries are textile, china, leather, precious metals & food products. Since the end of the civil war in 1990, the economy of Lebanon has been on a recovery road, regaining fast its position in the Middle East due to several factors, most importantly the Lebanese dynamic spirit to rebuild and move on. Since 1991 & the beginning of political stability in Lebanon, the government has taken the task of rebuilding Lebanon to its former glory seriously. Since 1991, the construction industry has grown enormously, and Lebanon now resembles a large building site.

GDP   purchasing power parity -    $18.83 billion (2004 est.)
GDP - Real Growth Rate   4% (2004 est.)
GDP - Per Capita   purchasing power parity -    $5,000 (2004 est.)
GDP - Composition by Sector   agriculture: 12%
   industry: 21%
   services: 67% (2000 est.)
Inflation Rate (consumer prices)   2% (2004)
Labor force   2.6 million
Labor force - by occupation   Industry : NA, Agriculture : NA,    Services : NA
Budget   revenues: $4.895 billion
   expenditures: $6.642 billion,    including capital expenditures    of NA (2004 est.)
Industries   Banking; food processing;    jewelry; cement; textiles;    mineral and chemical    products; wood and furniture    products; oil refining; metal    fabricating
Exports   $1.783 billion f.o.b. (2004    est.)
Exports commodities   Authentic jewelry, inorganic    chemicals, miscellaneous    consumer goods, fruit,    tobacco, construction    minerals, electric power    machinery and switchgear,    textile fibers, paper
Exports partners   Switzerland 11%, UAE 10.1%,    Saudi Arabia 7.6%, US 7.4%,    Turkey 5.5% (2003)
Imports   $8.162 billion f.o.b. (2004    est.)
Imports commodities   Petroleum products, cars,    medicinal products, clothing,    meat and live animals,    consumer goods, paper,    textile fabrics, tobacco
Imports partners   France 13.5%, Germany    11.8%, Italy 10.8%, Syria    5.4%, China 5.3%, UK 5%, US    4.5% (2003)
Currency   Lebanese pound (LBP)
Exchange Rates   Lebanese pounds per US    dollar - 1,507.5 (2004),    1,507.5 (2003), 1,507.5    (2002), 1,507.5 (2001),    1,507.5 (2000)

Top

Trade and Industry:

Lebanon capitalizes on the initiative of its people and its geographical location to make up for a lack of natural resources. A service-based economy, its trading, banking and financial facilities as well as its free currency market made Lebanon the region's commercial and tourist center before the war. With peace established and reconstruction underway, Lebanon is once again serving as commercial and touristic capital in the area. About 38% of the country is under cultivation, with wheat, vegetables, fruit, tobacco and olives the main crop categories. There is considerable livestock farming as well. Industry ranges from cement and cables to textiles, clothing furniture, canned goods and light metals. Tourism, one of the mainstays of the pre-war economy, is being revived.

To help strengthen the economy, the authorities have initiated a low income tax schedule to provide investment incentive, increase disposable income and expand the tax base. Banking is a major industry in Lebanon with strict banking secrecy as one of its important features. Two things characterize the Lebanese banking sector. The first is the openness of the economy, which attracts so much offshore activity and facilitates international financial relationships. The second is the relationship with the government and the way that Lebanese banks have taken on the responsibility of helping it with the debt burden and in financing reconstruction. More than eighty banks operate in the country with transactions performed efficiently and at low cost.

Although debt-servicing constrains current expenditure, the government continues to invest as much as possible in repairing and upgrading the country's infrastructure. Lebanon's industrial base has traditionally been small-scale. Prior to the civil war, the largest industrial employer was the food processing industry, followed by the well-developed textile industry. The remainder of industrial output was produced by the cement, ceramics, pharmaceutical, and plastic industries.

Top

Current Business Situation:

In addition to a free-market economy based on a long tradition of government-supported liberalism, a sophisticated banking system, a developed legal framework, a superbly skilled workforce, and an exceptional lifestyle, Lebanon offers a large number of investment opportunities in all sectors of the Lebanese national economy. The Lebanese Government has embarked on a major reformative action plan to modernize the regulatory framework and provide a suitable climate for investment in an efficient legislative environment. New policies have been adopted, and modern laws have been promulgated.

Due to forced interrupted growth in the past three decades, Lebanon offers a large number of untapped investment opportunities in all sectors, of the Lebanese economy and more specifically in the Tourism, Agro-food industries, Light & Medium industries, Agriculture, Health, Telecommunications, Energy, Environment, Transportation, and Information Technology sectors, Several indicators highlight the positive economic climate in Lebanon among which the Gross Domestic Product (GDP) that still marks continuous growth. In addition, Lebanon represents a point of entry to a large regional market encompassing major Arab countries and reaching into Iran, Eastern Europe, part of North Africa, and the southwestern former Soviet Union republics. As such, its idiosyncratic characteristics render it ideal to serve as a regional hub and an ideal location for regional headquarters.

Top

Working times:

Government offices: 8 AM - 2 PM

Banks, shops and other business: 8 AM - 5 PM

National Holidays:

January 1 st New Year's Day
February 9 th St. Maroun's Day
March 5 th Eid Al-Adha *
March 26 th Hijri New Year *
April 4 th Achoura *
April 13 th Good Friday Western & Eastern Rite
April 16 th Easter Monday Western & Eastern Rite
May 1st Labor Day
May 6 th Martyrs' Day
May 25 th Liberation of the South
June 4th Prophet's Birthday (Al-Mawlad Al-Sharif)*
August 15th Assumption Day
November 1st All Saints' Day
November 22nd Independence Day
December 16th Eid Al-Fitr *
December 25th Christmas Day

* These dates are not fixed, they vary from year to year

Travel:

Lebanon lies at the eastern end of the Mediterranean Sea north of Israel and west of Syria. It is four-fifths the size of Connecticut. The Lebanon Mountains, which parallel the coast on the west, cover most of the country, while on the eastern border is the Anti-Lebanon range. Between the two lies the Bekaa Valley, the principal agricultural area. Lebanon has a Mediterranean climate characterized by a long, hot, and dry summer, and cool, rainy winter. Fall is a transitional season with a gradual lowering of temperature and little rain; spring occurs when the winter rains cause the vegetation to revive.

Tourism has traditionally played a key role in the Lebanese economy. The country is located at the crossroad of three continents and offers a wide diversity of archaeological and cultural tourist attractions. Another source of revenue has come to light in the past few years: business tourism. Many exhibitions, trade shows and conferences are now organised in Beirut. The small size of the country and its multilingual and open-minded inhabitants make it ideal for this kind of corporate tourism.

Communications:

Telephones - main lines in use   678,800 (2002)
Telephones - mobile cellular   775,100 (2002)
Telephone systemgeneral assessment: telecommunications system severely damaged by civil war; rebuilding well underway

domestic: primarily microwave radio relay and cable

international: country code - 961; satellite earth stations - 2 Intelsat (1 Indian Ocean and 1 Atlantic Ocean) (erratic operations); coaxial cable to Syria; microwave radio relay to Syria but inoperable beyond Syria to Jordan; 3 submarine coaxial cables

Radio broadcast stations   AM 20, FM 22, shortwave 4 (1998)
Television broadcast stations   15 (plus 5 repeaters) (1995)
Internet country code   .lb
Internet hosts   6,998 (2004)
Internet users   400,000 (2002)

Transportation:

Highwaystotal: 7,300 km

paved: 6,198 km

unpaved: 1,102 km (1999 est.)

Waterwaysnone
Pipelinesoil 209 km (2004)
Ports and harborsAntilyas, Batroun, Beirut, Chekka, El Mina, Ez Zahrani, Jbail, Jounie, Naqoura, Sidon, Tripoli, Tyre
Merchant marinetotal: 44 ships (1,000 GRT or over) 198,602 GRT/248,313 DWT

ships by type: bulk carrier 4, cargo 26, livestock carrier 8, refrigerated cargo 1, roll on/roll off 2, vehicle carrier 3

registered in other countries: 40 (2005 est.)

foreign-owned: 6 (Austria 1, Greece 5)

Airports8 (2004 est.)
Airports - with paved runwaystotal: 5
Airports - with unpaved runwaystotal: 3
Railwaystotal: 401 km

standard gauge:319 km 1.435-m

narrow gauge:82 km 1.050-m

note: rail system was unusable because of damage during the civil war in the 1980s; short sections are operable (2003)

Top

Airline Services:

Middle East Airlines - http://www.mea.com.lb/

Trans Mediterranean Airways (TMA) - http://www.tma.com.lb/

Syrian Air - http://www.syriaair.com/

Qatar Airways - http://www.qatarairways.com/

Austrian Airlines - http://www.aua.com/

Oman Air - http://www.oman-air.com/

Lufthansa - http://www.lebanon.lufthansa.com/

Air France - http://www.airfrance.com/

Cyprus Airways - http://www.cyprusairways.com/

Olympic Airways - http://ww2.olympic-airways.gr/

KLM Royal Dutch Airlines - http://www.lebanon.klm.com/

British Airways - http://www.britishairways.com/

AIR:
The national airline is Middle East Airlines (ME), which operates nine direct flights per week from London to Beirut. British Mediterranean (a franchise partner of British Airways) operates daily non-stop services from London to Beirut. Air France also operates direct flights to Beirut.

International airports:
Beirut International (BEY) (Khalden) is 16km (10 miles) south of the city (travel time - 20 minutes). A bus service operates to the city centre (0600-2000) leaving every 30 minutes. Taxis are also available. Airport facilities include a tourist information desk, duty-free shops, post office, restaurants, bars, hotel reservations and bank/bureau de change. After extensive reconstruction and redevelopment, facilities at Beirut's airport have been greatly improved and now include a VIP lounge as well as new transport links (via new roads, tunnels and bridges) to the central city district.

Dress Code:

Lightweight fall clothing is suitable for the month of October. Jackets or sweaters may be needed in autumn and in air-conditioned areas. Lebanon has a relaxed dress code. Formal clothing is required for business meetings. Women should dress modestly.

Useful Links:

Ministry of Economy & Trade - http://www.economy.gov.lb/

Ministry of Finance - http://www.finance.gov.lb/

Ministry of Foreign Affairs and Emigrants - http://www.emigrants.gov.lb/

The Chamber of Commerce and Industry of Beirut - http://www.ccib.org.lb/

CIA World Factbook: Lebanon - http://www.cia.gov/cia/publications/factbook/geos/le.html

Ministry of Tourism - http://www.lebanon-tourism.gov.lb/

Lonely Planet: Lebanon - http://www.lonelyplanet.com/destinations/middle_east/lebanon/

Lebanon Sites - http://www.lebanonsites.com/

NationMaster.com: Lebanon - http://www.nationmaster.com/country/le

Top


4Membership Benefits
4Upgrade Your Listing
User Name
Password
Register
 
 
 
Advertise
 
Bonus Italia

About Us | How We Are Different | Feedback | Contact Us | Privacy and Security Policies | Advertise With Us | Recommend Us | Terms of Use | Site Map

Copyright @2002-2006, Globe Group Inc., All Rights Reserved.
No part of the site shall be reproduced without prior written permission

Plumbing-info Logo