EU-TAF support project to Lebanese companies concludes work with ceremony in Beirut

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Lebanon
  • Date: 03-Dec-2022
  • Source: Naharnet
  • Sector:Real Estate
  • Country:Lebanon
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EU-TAF support project to Lebanese companies concludes work with ceremony in Beirut

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The closing ceremony of the Technical Assistance Facility for the Lebanese Private Sector (EU-TAF) project in Lebanon funded by the European Union and implemented by DAI was held on December 1.

The ceremony took place in the presence of Alessia Squarcella, Deputy Head of Cooperation, EU Delegation to Lebanon, European Commission and Sinisa Djuric, DAI Project Director along with more than 20 companies in the agri-food, creative ICT and healthcare sectors who benefitted from the 34-month support program to realize their commercial potential.

Launched in February 2020, the EU-TAF initiative came at a critical juncture in Lebanon’s history, as it began struggling with one of the world’s worst economic and social crisis in 150 years.

Developing the productive sectors is crucial to support the country’s early recovery and future sustainable growth, and will contribute to create job opportunities, especially for women and youth in disadvantaged areas.

“The private sector has an important role to play, namely advocating for reforms and engaging in public-private dialogue with decision makers, but also by being ready to abide to the reforms, for the benefit of the entire country. Lebanon cannot wait," Squarcella said.

"Delivered through a systematic, strategic support process, by excellent local and international experts, the companies

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