Government plans to turn Beirut into a media hub

Published December 10th, 2000 - 02:00 GMT

According to newspaper reports, the Lebanese government is studying plans that would make it far easier and more appealing for satellite broadcasting companies to establish their bases and operate in Lebanon.  

 

One of the measures apparently under discussion is a dramatic cut in the costs of satellite links to a one-off fee of around $20,000. Currently the government imposes an annual charge of $240,000 for permanent broadcasters, and a daily charge of $1,000 for those with temporary licenses.  

 

The government believes that such a cut in fees together with other factors such as a pool of skilled human resources, tax incentives, and a lower cost of living compared to Europe or the Gulf, would enable the creation of a regional media center in Beirut that would also generate new employment opportunities. ¯ ( Banque du Liban et d'Outre-Mer Sal )

© 2000 Mena Report (www.menareport.com)

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