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Made in Lebanon

by Zak Brophy

“We need to be more realistic and enjoy life a little bit. We don’t have to make money every year; there are many nice things to be done in the country.” Vrej Sbounjian, Minister of Industry “We are picking up slack not because of Syria so much but due to Turkish suppliers being out of the market. They are now being restricted due to logistics and political reasons, and that trade link has been broken.” Nizar Raad, General Manager of Universal Metal Products “We are selling more but there is the problem of cash flow. People are afraid of spending money in the current environment… We are selling for cash not credit as the currency is fluctuating a lot. We sell in Syrian pounds and then transfer on the spot.” Asaad Saccal, General Manager of generator manufacturers, Saccal Industries, on trade with Syria “There is a lot more research and

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