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TSEZ
Progress

In 2016, the Authority requested the assistance of the World Bank to review and update the original feasibility study conducted in 2011 taking into consideration the latest economic developments in the region and the impact of the Syrian Crisis.


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The report examined in detail the following elements and provided diagnostic and key findings:

  • Market Analysis: validated/adjusted the strategic position of the TSEZ building on the 2011 study, including re-assessment of Tripoli’s competitive position – risks and opportunities – over the short, medium and long-term.
  • Assessment of Investment and PPP options for the SEZ and associated infrastructure development.
  • Financial and Economic Analysis for SEZ and associated infrastructure development.

With the support of the Office of the State Minister for Administrative Reform and with funding from the Arab Fund for Economic and Social Development, the TSEZ Authority hired a consultant to provide the framework and tools necessary to effectively administer its operations and to effectively fulfill its mandate and global mission.  The specific objective of the contract is to develop the TSEZ financial, administrative, and human resource workflows, procedures, and processes including the related documentation and relevant systems as well as the IT Infrastructure design and systems’ specifications that should respond to the current TSEZ needs and its future expansion requirements. 

The TSEZ Authority has requested the technical assistance of the IFC to develop an international good practice regulatory framework for the TSEZ, which is essential to attract private investments. This project will address policy issues related to the core areas of the TSEZ regulatory regime, including but not limited to, business registration and licensing, permitting and registration, investments and taxation, customs, visa issuance and quarantine, banking and insurance, labor, conflict resolution, environmental standards, etc. It will draw on the policy and legal regimes utilized in successful SEZs in other countries and in particular in the MENA region.

The TSEZ Authority requested the technical assistance of the IFC to develop an interim licensing regime. This agreement allows the early tenant to operate in the zone.  It will provide potential tenants with a legal framework to invest in the TSEZ and enable the authority to secure early investments. The interim regime will be has been approved by the Board and is currently enforceable. Interested logistics companies who are prepared to finance the infrastructure needed and in an initial phase are not interested in the administrative incentives provided by the TSEZ law can apply under the interim regime.

The TSEZ Authority has received grant financing from the Konrad-Adenauer-Stiftung to associate the Lebanese business community to support the promotion and of the TSEZ and to attract investment. An action plan was also developed to associate Lebanese, Diaspora and foreign investors to the TSEZ.

Khatib and Alami and ECODIT Liban have prepared 1) Strategic Environmental Assessment for the TSEZ port site 2) Master Plan Design to show the spatial arrangement of the plots, land use per sector of activity, land program and budget, the distribution of roads, open spaces and administration building within the TSEZ 3) Tender documents for the Infrastructure Works that will consist of roads and networks that will serve the TSEZ including power, water, sewerage, and telecommunications.

Tripoli
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