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Great improvements in prospect for the Lebanese telecommunications, Minister Nahas says

Minister of Telecommunications Charbel Nahas announced on Thursday a serie of measures aiming at improving the Internet and telephone Lebanese networks. 

This project includes three plans, the Minister explained. All in all it will cost 116 billion US Dollars. The Internet speed should reach high-speed in 12 up to 16 months. It means that 15 Megabits would be downloaded every second (15Mb/s). For now the Lebanese ratio is 1Mb/s. 

The first project is to install fiber optic in Lebanon. More than 2500 kilometers of fiber optic should be installed in the next 16 months. 

Once this first project will be done, it will allow to connect Beirut to another cable -which already links Djeddah, Amman and Istanbul. 

Finally the third project is about landlord lines. At the end of 2011, 35 000 new fixed phone lines should be created. The actual network is saturated since real estate boomed in Lebanon. Works and constructions should start very quickly in Sector I (Beirut, south part of Mount Lebanon, and South Lebanon) and sector II (noth part of Mount Lebanon, Beqaa, and North Lebanon). It will last for 18 months. 

All these measures should underlie a better competitiveness for Lebanon. Charbel Nahas mentions a study by the World Bank which asserts that « an 10% increase in the market penetration rate in Lebanon will lead to a 1.35% increase of the Growth Domestic Product (GDP). It means 600 billion LBP more each year, of which 140 billion for the state through taxes. »

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