Privatization in Lebanon
The key initiative being worked on now with the new government in terms of privatization is a review of the telecoms sector. The current Minister of Telecommunications has expressed an interest in establishing Liban Telecom, an incumbent operator, and is looking at liberalising the sector.
The Telecommunications sector in Lebanon is of interest, according to Ziad Hayek, Secretary General of Higher Council for Privatization.”I have been proposing legislation since 2007 for a law on public private partnership (PPP) and we are still fighting to have that law passed by parliament.”
In terms of privatisation, the Council for Privatization is working with the Ministry of Telecommunications now on formulating a privatization strategy for the next year or so.