Al-Habtoor Group Plans Lebanon Comeback, Dependent on Security Guarantees

Al-Habtoor Group plans to reopen its mall and amusement park in Beirut, relying on Lebanon’s new government to ensure security and stability. Chairman Khalaf Al-Habtoor expresses confidence in the new leadership’s ability to lead reforms. The group has maintained operations and employee job security throughout political turmoil, emphasizing commitment to local development. Al-Habtoor remains hopeful for Lebanon’s future while pursuing international expansions.

The Al-Habtoor Group is preparing to reopen its Beirut mall and Habtoorland amusement park, contingent upon assurances from the Lebanese government regarding security and stability. Chairman Khalaf Al-Habtoor stressed that these projects are a priority but depend on the new leadership’s commitment to governance and safety.

Following the election of Joseph Aoun as president and Nawaf Salam as prime minister, Al-Habtoor expressed optimism in their potential to unite the country and drive essential reforms to restore Lebanon’s economy. He noted the importance of having management in place and awaiting the implementation of safety measures.

The Al-Habtoor Group has maintained operations amidst Lebanon’s political turmoil, ensuring job security for its employees. Al-Habtoor emphasized the company’s dedication to its staff, treating them as family, and highlighted the importance of creating job opportunities for the local population.

He acknowledged the challenges ahead, asserting that public support for the government’s agenda is critical for Lebanon’s success. Al-Habtoor underscored that investment is contingent on achieving a secure environment, stating, “Nobody will invest a penny unless there is 100 percent safety and security in the country.”

Al-Habtoor indicated that should the new government establish its authority within three months, he plans to return to Lebanon to oversee the progress of his group’s initiatives. He also conveyed his willingness to explore new ventures once security is guaranteed.

The businessman highlighted the necessity of leadership integrity, insisting on having a clean cabinet devoid of foreign influence. Nevertheless, he expressed confidence in the new leadership’s capability and dedication to meaningful reform.

Al-Habtoor shared personal sentiments towards Lebanon, reminiscing about his family’s connections and investments in the country. He emphasized his fondness for the people, stating, “My family and I spent a lot of time in Lebanon.”

Additionally, the Al-Habtoor Group is expanding internationally, with plans for a new luxury hotel in Budapest, set to launch in early February. Al-Habtoor compared Dubai’s security environment favorably to Lebanon, echoing the need for safety and stability in his home country.

The Al-Habtoor Group has a long-standing presence in Lebanon, having invested significantly in various projects including a mall and amusement park. With recent political leadership changes in Lebanon following the elections of President Joseph Aoun and Prime Minister Nawaf Salam, there are renewed discussions about restoring safety and stability in the country. The group’s commitment to the welfare of its employees and local community underscores its role in Lebanon’s socioeconomic fabric.

The Al-Habtoor Group’s plans to revitalize operations in Lebanon hinge on the government’s ability to provide security and stability. Chairman Khalaf Al-Habtoor remains optimistic about the new leadership’s potential to bring about necessary reforms. The group’s unwavering commitment to its employees and the Lebanese people illustrates a dedication to fostering local development while enhancing confidence for future investments in the region. Al-Habtoor’s willingness to explore further opportunities reflects a vision of hope for Lebanon’s recovery.

Original Source: www.arabnews.com

About Liam O'Sullivan

Liam O'Sullivan is an experienced journalist with a strong background in political reporting. Born and raised in Dublin, Ireland, he moved to the United States to pursue a career in journalism after completing his Master’s degree at Columbia University. Liam has covered numerous significant events, such as elections and legislative transformations, for various prestigious publications. His commitment to integrity and fact-based reporting has earned him respect among peers and readers alike.

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