Wednesday, October 12, 2011

The Phoenix of the Middle East: Lebanon Copes with Regional Turmoil

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Neemat Frem, INDEVCO Group President & CEO, discusses the effects of the regional political turmoil on Lebanese industry and economy during the interview conducted by CNN about ‘Syria’s Economic Ripple Effect’.

Frem, also President of the Association of Lebanese Industrialists, explained how the multinational group of companies, INDEVCO Group, coped with regional and local turmoil for over 50 years.

With regional instability, Lebanon can still provide a haven for investors due to its undying ability to cope and adapt to ever-changing local, regional and international economic and political situations?

Watch the interview with Neemat Frem conducted by Arwa Damon,
Marketplace Middle East Program on

About INDEVCO Group

INDEVCO Group is a multinational group of companies headquartered in Lebanon. The group comprises of 39 manufacturing plants and 21 sales offices employing over 8500 people in Cyprus, Egypt, England, Greece, India, Iraq, Jordan, Lebanon, Saudi Arabia, Tunisia, Ukraine, and the United States.

INDEVCO Group companies manufacture paper, plastic and corrugated packaging for agricultural, beverage, construction, catering, processed food, dairy, industrial, paramedical and pharmaceutical, chemical and petrochemical, soap and detergent, tissue and hygiene converting, tissue making and promotional markets. The group also manufactures personal care, household and institutional disposables for the retail and away-from-home (AFH) markets.
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