Number of Construction Permits Slid by 1.45% to 1,159 in January 2018

According to the Orders of Engineers in Beirut and Tripoli, the total number of construction permits fell by a yearly 1.45% to reach 1,159 in the first month of 2018. Accordingly, the Construction Area Authorized by Permits (CAP) also slipped by an annual 3.53% to 813,906 square meters (sqm), which may reflect investors preferring smaller construction areas for their projects.

The regional breakdown reveals that Mount Lebanon grasped the biggest portion of allocated permits amounting to 408 construction permits in the first month of 2018; however the total issued permits were down from 456 in Jan. 2017. The South of Lebanon collected the second highest number of permits which totaled 257 permits in January 2018 compared to 189 in the same period of 2017.

In Nabatieh, 160 permits were granted in Jan. 2017, up from 154 in the same period last year. In the Bekaa and Beirut, 108 and 59 construction permits were granted in Jan. 2018, respectively, down from 113 and 62 permits in the same period last year.

However, in the North, the number of permits fell from 202 in Jan. 2017 to 167 in the same period of 2018, with the CAP also declining from 194,910 sqm in Jan. 2017 to 172,146 in Jan. 2018.

Number of Construction Permits in January

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Source: Orders of Engineers in Beirut & Tripoli

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