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The reforms are deemed essential to unlock over $11 billion in grants and soft loans pledged by international donors at last year's CEDRE conference held in Paris to bolster the ailing economy, which is suffering from a soaring national debt of $85 billion, slow growth and a high budget deficit.
Located within the 7.2-sq km integrated high-technology free zone, the 1,047 Cedre Villas development comprises luxury, executive, town house and twin villas ranging between 3 to 5 bedrooms.
The meeting focused on the implemented phases of the Rafic Hariri Airport expansion project, the means of implementing the CEDRE projects, which rely on the partnership between the public and private sectors and the role that the bank can play in the development of financial, technical and legal studies to facilitate this matter.
Hariri, who returned from a short family visit to Riyadh, was referring to important investment and infrastructure projects in Lebanon to be financed by international donors who pledged over $11 billion in grants and soft loans at last year's CEDRE conference.
The outcome of CEDRE that received the most attention in Lebanon was the financial promise of support and development funding to the tune of $11 billion.
Located within the 7.2-sq km state-of-the-art integrated high-technology park, the 1,047-unit Cedre Villas development comprising luxury villas, executive villas, twin villas, and town houses is distinct for its three architectural models -- modern, traditional, and Arabic.
We are seeking, in cooperation with Parliament, to approve all the laws that guarantee transparency in the implementation of the CEDRE decisions, and which will be comfort the donors and investors regarding the proposed projects, especially in the CEDRE Plan.
BEIRUT: A year after the CEDRE conference was held in Paris to support Lebanon's infrastructure and economy, French Ambassador to Lebanon Bruno Foucher emphasized Sunday that his country's support was contingent on Lebanon enacting reforms.
The international angle in the CEDRE context is of primary importance for the economic equation in the country, emphasizes Alain Wanna, deputy general manager and head of group financial markets and institutions at Byblos Bank.
Both have also since been soundly beaten by Cedre Bleu's stablemate Al Ferof, Bellvano in a Grade 2 at Cheltenham and Lidar in the Grade 1 Henry VIII Novices' Chase at Sandown.
Dubai Silicon Oasis Authority (DSOA) will showcase its Dh1.55 billion ($422 million) 'Cedre Villas' development at the Qatar International Investment and Real Estate Exhibition (Q-REX 2010).