The Lebanese construction industry has been booming in the past decade, and new high-rises continue to be added to the Beirut skyline.
Despite facing political and economic pressures due to the spillovers of the ongoing Syrian crisis, the construction and real estate industries in Lebanon remain the most attractive and promising sectors of the country’s resilient economy.
PilingTech Beirut is a specialized conference exploring best practice piling, shoring and geotechnical techniques for developing Lebanon’s new high rise buildings and complex structures.
Lebanon in the booming phase
The overall volume of real estate sales in Lebanon totaled $8.71 billion in 2013, while the number of property sales transactions reached 69,198, proving Lebanon’s real estate sector to be resilient in the face of all instabilities. All in all, investments in the sector contribute to 21% of the GDP. The overall volume of construction in Lebanon totaled more than $9 billion in 2013.
Yet, Lebanon imports around 80% of its construction equipment and building materials.
Why take part in PilingTech Beirut conference?
This conference is being launched to take advantage of Lebanon’s growing construction industry and, in particular the country’s emerging appetite for high-rise residential and commercial buildings.
This unique and timely event has been designed in conjunction with key industry players to address the latest challenges in the market, enable knowledge transfer and provide a vital networking platform for all stakeholders.
For further information about the conference, please visit www.pilingtechbeirut.com .
ifpinfo
26 June