Construction Permits down Yearly by 11.07% to 2,956 by April 2024

According to the data from the Orders of Engineers in Beirut and Tripoli, the total construction permits witnessed a year-on-year (YOY) decrease of 11.07% to reach 2,956 permits by April 2024 due to several reasons such as public institution’s strike, decrease in the purchasing power of most of Lebanese population in addition to the ongoing security concerns in the southern border and the war in Gaza. However, the Construction Area Authorized by Permits (CAP) increased by 23.94% to record 1,651,873 square meters (sqm). This could be explained by the increased tendency for group projects rather than individual projects.

Moreover, construction activity witnessed a significant reduction regionally compared to last year. Across the governorates, Mount Lebanon grasped 34.64% of total permits, and accounted for 1024 permits in April 2024 compared to 1,366 in April 2023. Regarding South governorate, it came second and represented 26.45% of total permits; its number of permits recorded 782 permits compared to 887 in April 2023. In Nabatieh, 474 permits were registered in April 2024, representing 16.04% of total permits. Furthermore, Bekaa governorate followed with 434 permits and representing 14.68% of total permits in April 2024. Beirut governorate’s share of permits was 4.8% with 142 permits only.

Number of Construction Permits by April 2024

Construction Permits down Yearly by 11.07% to 2,956 by April 2024

Source: Orders of Engineers in Beirut & Tripoli

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