كونا : Officials: Lebanon’s industry carries falling nat’l economy on its shoulders – اقتصاد – 31/01/2023 – Kuwait News Agency

كونا : Officials: Lebanon’s industry carries falling nat’l economy on its shoulders – اقتصاد – 31/01/2023 – Kuwait News Agency

Feature by Ayoub Khaddaj

BEIRUT, Jan 31 (KUNA) -- The industrial sector in Lebanon, despite the falling national economy, continue to solider on in order to revive the market and create new business opportunities especially with the increasing demands for Lebanese products.



The sector was one of the few offering hard foreign currency in Lebanon, which is still suffering from the decrease in the value of the national currency in times when the US Dollar was in high demand.



Speaking to KUNA on the issue, Lebanon's Industry Ministry George Boujikian stressed that the steadfastness of the industrial sector was one of the main factors in helping the national economy to "stay afloat".



The sector is witnessing increasing investments, issuing of permits, and market expansion, which led to the exporting of products to some 110 countries worldwide, added the minister.



The Lebanese industry includes 21 sectors with the manufacturing of food products and furniture leading the way, he revealed.



Minister Boujikian stressed the importance of keeping Lebanese products up to standards to succeed both locally and internationally.



On the ministry's plans, the minister indicated that there was a focus on developing three