Proposed by the Minister of Telecommunications, the Lebanon Cloud Data Center project was approved as a potential PPP project by the HCP, under the chairmanship of the President of the Council of Ministers, in February 2018. Such partnership entails that the winning private investor / operator builds, finances, operates, maintains and commercializes the data center infrastructure for a long term (~15 -20 years).
In order to assess the feasibility of the project on a PPP basis, the HCP has retained the following advisory team:
KPMG France as lead transaction advisor.
Solon Management Consulting as technical / commercial advisor.
Dechert LLP / Abousleiman & Partners as legal advisors
The Project Steering Committee is chaired by Mr. Ziad Hayek, HCP Secretary General, and includes Mr. Jamal Fakhoury, representing the Minister of Telecommunications and Mr. Imad Kreidieh, Chairman of Ogero. The Minister of Finance’s representative has not been appointed yet.