Lebanon

PwC has been in Lebanon for over 50 years. During this period, the firm has gained extensive experience in servicing major local and international clients. Our strategic intent is to create value for our clients and to bring competitive advantage to their activities. We specialise in Assurance and Audit, Business Advisory and Tax services.
 

Lebanon has an estimated GDP of USD 21 billion (for a population of 3.6 million). The economy is primarily dependent on its service sector and it currently contributes to about 74 percent of Lebanon’s GDP, with banking and insurance comprising a significant proportion.

Lebanon has been keen to privatise some of its key industries and allow private investment in the rebuilding of its current infrastructure:

Real Estate – Another phase in the redevelopment of Beirut is under way in the form of a series of new commercial and hotel developments in Lebanon, for example the Marina Towers complex.

Infrastructure Development – Lebanon is in need of rehabilitation of its water, wastewater and electricity infrastructure ahead of privatisation. The cost of repairing Lebanon’s water distribution networks is estimated at as much as USD1,000 million. Lebanon has also been planning to privatise the state electricity company, Electricite du Liban (“EDL”) for some time.
 

Office Address Mail Address
PricewaterhouseCoopers
Saba House Building,
Block B & C, Said Freiha Street, Hazmieh
Beirut
Telephone: +961 (0) 5 428 600
 
PricewaterhouseCoopers
PO Box 11 3155
Beirut
Lebanon
Fax: +961 (0) 5 951979