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Lebanon Overhead Cable Industry Analysis
The overhead lines/cables construction projects industry in Lebanon is steadily growing, with a significant number of projects currently underway. The industry plays a crucial role in providing reliable electricity supply to homes, businesses, and industries across the country. The demand for electricity has been increasing over the years, driven by the growing population, urbanization, and industrialization.
One of the major drivers of the overhead lines/cables construction projects industry in Lebanon is the government's commitment to improving the country's infrastructure. The government has been investing heavily in infrastructure development, particularly in the power sector, to meet the growing demand for electricity. The government's efforts have also attracted foreign investors to participate in the industry, leading to the emergence of public-private partnerships.
The industry's outlook in Lebanon is positive, with several new projects in the pipeline. One of the major upcoming projects is the construction of a new power plant in Selaata, which will be one of the largest in the country, with a capacity of 1,000 megawatts. The project is expected to be completed by 2023 and will significantly increase the country's electricity production capacity.
Another major project in the pipeline is the construction of a 120-kilometer transmission line from Hermel to Jbeil, which will improve the reliability of the electricity supply in the region. The project is expected to be completed by 2025 and will create job opportunities for the local population.
In conclusion, the overhead lines/cables construction projects industry in Lebanon is experiencing steady growth, driven by the government's commitment to infrastructure development, increasing demand for electricity, and foreign investment. The industry's outlook is positive, with several new projects in the pipeline that will further enhance the country's electricity supply and create job opportunities.
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