Lebanese opposition to privatization efforts
The article focused on the obstacles to privatization in Lebanon and their importance in attracting investments, especially in the sectors of electricity, ports, transportation, and public services. It clarifies that the problem is not a lack of opportunities but rather the absence of governance and political will, coupled with persistent weak legislation and the lack of independent regulatory bodies. This weakens trust and hampers the implementation of actual privatization projects. Although there are successful experiences, such as the Zahle Electricity, many attempts have failed due to mafia interventions and the absence of competition. It is expected that political interests and external pressures will hinder the development of the process and obstruct efforts to expand partnerships with the private sector to upgrade infrastructure and attract investments.
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