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A tourist investment of USD 18 million in Ain Sa3adeh

13-6-2018

The chairperson of the Investment Development Authority of Lebanon (IDAL), Nabil Itani, yesterday handed over the package deal contract to the huge tourism investment project Forest Resort S.A.L. The project houses a number of restaurants, a health and sports club and a swimming pool, in addition to a jogging and cycling trail in the forest. The USD 18 million undertaking is expected to generate around 219 new jobs. On the occasion, Itani pointed out that the tourism industry is a booming sector with swarming opportunities that need to be invested, namely in the conference, hospitalization and environmental tourism. The above project, Itali boasted, is an architectural imprint and a quantum leap in tourism in Lebanon and the region. It presents a model of fresh prospects offered by the sector, and aided by numerous unique benefits that contribute to the prosperity and success of similar undertakings, particularly in terms of the handiness of skilled labor, as well as, the favorable geographic and climate conditions. (Al Mustaqbal, June 13, 2018)

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