The Lebanese Cement Industry Facing Low Domestic Demand and Fierce Competition Abroad

The fate of the Lebanese cement industry is tightly linked to that of construction and real estate. However, construction and real estate activities have been receding since 2010 after the war erupted in neighboring Syria and after Lebanon was plagued with political instabilities and security issues. Foreign investments in real estate, usually a favorite of nationals from the oil-rich countries of the GCC, retracted. In 2015, players in the cement industry struggled more than ever with low demand and were unable to hedge by competing on markets abroad.

 

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The Lebanese Cement Industry Facing Low Domestic Demand and Fierce Competition Abroad

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