Paints Sector in Lebanon, Overview by Sipes Group President

“Like in any other sector at this time in the Middle East, people are trying to solve the problems rather than putting in new investments. Nobody is even thinking about new investments,” says Wajih Bizri, President of International Chamber of Commerce Lebanon & Sipes Group.

“The business is there, although it is a bit lower every year. We have seen a decrease ever since the Arab Spring started and so now we are looking at a continuous decrease each year.”