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 4.74% to reach 4,821 permits by June 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 26.75% to record 2,583,763 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 35.95% of total permits, and accounted for 1,733 permits in June 2024 compared to 1,963 in June 2023. Regarding South governorate, it came second and represented 25.37% of total permits; its number of permits recorded 1,223 permits compared to 1,425 in June 2023. In Nabatieh, 786 permits were registered in June 2024, representing 16.3% of total permits, compared to 943 permits in the previous year. Furthermore, Bekaa governorate followed with 684 permits and representing 14.19% of total permits in June 2024, compared to 455 permits in June 2023. Beirut governorate’s share of permits was 4.69% with 226 permits only compared to 151 permits in June 2023.
Number of Construction Permits by June 2024
Source: Orders of Engineers in Beirut & Tripoli
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