File - Buildings under construction in Beirut, Thursday, July 31, 2014. (The Daily Star/Mohammad Azakir)
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Lebanon's real estate and construction sector is adapting to the dearth of foreign investment, shifting its focus to Mount Lebanon and Beirut's suburbs to meet a growing local demand.While the country as a whole saw a 2.7 percent increase in construction permits in the first half of the year compared with the previous year, Beirut had the lowest number of any of the country's regions, according to the Order of Engineers in Beirut and Tripoli.Just 5 percent of the country's construction permits were issued in Beirut.After Beirut, north Lebanon and the Bekaa Valley were the least active regions in the construction sector, with just 120 and 866 permits respectively during the first six months of 2014 .
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