PROJECT DESCRIPTION

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).

The objectives of the Lebanon Cloud Data Center are:

  • to promote the ICT sector
  • to improve business continuity and disaster recovery capabilities
  • to encourage foreign businesses to invest
  • to create employment
  • and ultimately, accelerate the overall economic development in Lebanon

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 has been formed. It is chaired by Mr. Ziad Hayek, HCP Secretary General, and includes:

  • Mr. Jamal Fakhoury, representing the Minister of Telecommunications
  • Mr. George Daher representing the Minister of Finance
  • Mr. Imad Kreidieh, Chairman of Ogero

The project is managed by Ms. Maya Chamli.

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