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 3.2% to reach 5,782 permits by July 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 27.72% to record 3,076,357 square meters (sqm). This could be explained by the increased tendency for group projects rather than individual projects.
Moreover, construction activity witnessed some fluctuation compared to last year. Some governorates witnessed an increase such as Bekaa,Beirut and North Lebanon while other governorates’ activity decreased like Nabatiye, South Lebanon and Mount Lebanon.
In details, across the governorates, Mount Lebanon grasped 36.56% of total permits, and accounted for 2,114 permits in July 2024 compared to 2,273 in July 2023. Regarding South governorate, it came second and represented 25.08% of total permits; its number of permits recorded 1,450 permits compared to 1,675 in July 2023. In Nabatieh, 930 permits were registered in July 2024, representing 16.08% of total permits, compared to 1,174 permits in the previous year. Furthermore, Bekaa governorate followed with 820 permits and representing 14.18% of total permits in July 2024, compared to 530 permits in July 2023. Beirut governorate’s share of permits was 4.51% with 261 permits only compared to 179 permits in July 2023.
Number of Construction Permits by July 2024
Source: Orders of Engineers in Beirut & Tripoli
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