UAE Billionaire Khalaf Al Habtoor Plans Major Investments in Lebanon Post-Government Formation
On Thursday, an Arab businessman revealed his intention to invest in several massive projects in Lebanon to rejuvenate the country’s economy, but with one condition. Emirati billionaire Khalaf Al Habtoor stated that he plans to invest in Lebanon once a new government is formed. This announcement was made via a post on the platform “X”, where he said, “I’m pleased to announce my intent to invest in a large, ambitious project immediately following the formation of the new government. This project carries a vision to contribute to Lebanon’s economic resurgence and secure thousands of jobs, providing genuine support to Lebanon’s economy and restoring faith in it.”
Al Habtoor further emphasized, “Any investment, whether from us or others, fundamentally hinges on the proper formation of this government.” He stressed that “there can be no place in the upcoming government for any allegiance, quotas, or those who have caused Lebanon’s destruction and economic collapse. This phase requires dedicated leaders, a ministerial team of competencies and experiences, working sincerely for Lebanon’s interest above all else.”
He underscored that “security and stability are the foundation of any revival, and these elements
can only be achieved with a strong, independent government capable of regaining the trust of
Lebanese, Arab, and international investors. Any leniency in formation or acceptance of
subservience will only prolong the crisis and close the doors to investment and revival for
Lebanon and its people.”
Al Habtoor continued,
“This is a pivotal moment and a golden opportunity to make Lebanon an attractive destination for
investments, opening a new page of economic and social development.”
He pointed out, “After all Lebanon has endured, it deserves to live and rise with its people. The
responsibility now lies with the leaders to make the right decisions and build a government that
matches the aspirations of the Lebanese.”
He concluded by stating that
“Lebanon deserves life, and I call on everyone to work with utmost sincerity to realize this dream
and make it a tangible reality.”
This WordPress blog post not only highlights the potential economic revival of Lebanon through
significant investments but also emphasizes the critical role of political stability and responsible
governance in attracting such investments.