Project Lebanon 2018 in Beirut, Tuesday, June 26, 2018. (The Daily Star/Hasan Shaaban)
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Lebanese contractors and industrialists are pinning high hopes on the prospects of new government infrastructure projects and peace in Syria to stimulate their businesses which have seen sluggish performance in the last few years. That appears to be the general view of businesses at the 23rd edition of Project Lebanon, a four-day annual business-to-business trade fair at the Seaside Arena that has brought together around 400 exhibitors from around 20 countries, showcasing everything construction related – from exteriors such as cement, pipes and wooden panels, to interiors such as faucets and flooring.Although many companies are hesitant to be overly optimistic at this time, the event's project manager for International Fairs and Promotions, Georges Bou Nahed, points to a decent retention rate of attendees at 63 percent, in addition to new exhibitors, and to a strong showing of around 120 international firms from Turkey, Italy and France and other markets.Italian exhibitors, which have a cluster of 16 booths this year, are counting on Lebanese who are looking for high-quality niche products, such as luxury bathroom sets.
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