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Investment in ICT: A Critical Enabler

IDAL. Investment in ICT: A Critical Enabler. July 22, 2004. IDAL. ICT Sector at a Glance. “Lebanon is blessed by a pool of human resources that can build and grow the information technology sector into vibrant player in socio-economic development of the country…” Neil Holloway

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Investment in ICT: A Critical Enabler

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  1. IDAL Investment in ICT: A Critical Enabler July 22, 2004

  2. IDAL ICT Sector at a Glance “Lebanon is blessed by a pool of human resources that can build and grow the information technology sector into vibrant player in socio-economic development of the country…” Neil Holloway Corporate VP Microsoft Source: SRI International 2004

  3. IDAL Investing in ICT: Key Drivers • Well-educated & skilled workers “Lebanon has the human capital and the educational strength to become a prominent IT player…” Gilbert Lacroix President Intel Consumer-oriented society Well-developed physical & telecommunication infrastructure Competitive business environment Well-funded Research & Development

  4. IDAL Investing in ICT: Key Drivers • Well-educated & skilled workers "Lebanon offers numerous advantages to a company like Oracle: a strategic location, creative talent and renowned business and services infrastructure…” Kassem Fares Director Oracle • 91% education rate • Multilingual and multi-skilled • Highly productive and highly adaptable • 1,200 ICT graduates per year Consumer-oriented society • Market of over 300 million consumers – launch pad to MENA countries • Rapid adopter of ICT • Advanced customer base - willing to embrace new technologies

  5. IDAL Investing in ICT: Key Drivers Well developed physical & telecommunication infrastructure “Lebanon is well positioned in the Arab World to take leading role in software development…” Bashar Kilani Manager IBM • Improved physical infrastructure • Improved telecommunication infrastructure • Better country telecommunication ranking • Declining telecommunication tariffs • Planned privatization of telecommunication services • The Beirut Emerging Technology Zone – BETZ

  6. IDAL Investing in ICT: Key Drivers Competitive business environment “I definitely believe we’ve got an edge in Beirut, we have an advantage in being able to sell to French speaking territories in Africa and Europe…” Bashar Kilani Manager IBM • Updated regulatory environment • Attractive fiscal incentives by virtue of the Investment Development Law 360 • Facilitation services through IDAL’s One Stop Shop • The Beirut Emerging Technology Zone – BETZ Well-funded Research & Development • Independent R&D initiatives • Enhanced opportunities for collaboration with universities and/or other institutions of higher education through BETZ

  7. IDAL Thank You • Samih Barbir • Chairman – Managing Director • Tel: + 961 (1) 983306/7/8 • Fax: + 961 (1) 983302/3 • Web: www.idal.org • E-mail: invest@idal.com.lb

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