Lebanon is expected to launch its biggest-ever fibre optics tender in a month’s time, according to the telecoms minister Jamal Jarrah , as reported by The Daily Star Lebanon. “We will launch the biggest and most important tender in Lebanon’s history after one month for the installation of fiber optics cabinets to be able to provide our citizens with high-speed internet services,” he said at SmartEx at Forum de Beyrouth.
Jarrah added that the cabinet has approved the seventh phase of the fibre optics networks project and allocated the necessary funds to facilitate the ministry’s mission in delivering its work in a timely manner. He further said that the ministry asked the cabinet to reduce internet prices by 20-50 per cent to enable citizens to easily access the service.
Mohamed Choucair, head of the chamber of commerce, industry and agriculture said: “We feel at ease about the future of this sector because of the great importance that Prime Minister Saad Hariri is giving to this sector.”
Nabil Itani, chairman of Investment Development Authority of Lebanon, highlighted that the ICT sector’s impact on GDP will exceed $6 billion in 2017 but is still facing huge challenges in terms of spending and development in addition to securing the proper infrastructure, including fast internet services.