Home Economics & PolicyQ&A Joseph Al Assad

Q&A Joseph Al Assad

by Thomas Schellen

To say that energy was a problematic sector from beginning of the Lebanese post-conflict reconstruction in 1992 to the end of the financial inflows-fueled, corrupt cronyism system in the country, is more than an understatement. The sector can be described as a detrimentally subsidized sinkhole of state funds, catastrophically mismanaged public utility, and theme of one internationally flagged need and sabotaged development strategy after the other. The underdeveloped energy sector, dilapidated systems of electricity generation and transmission, and dysfunctional monopoly utility Electricite du Liban combined into the moraine of policy debris obstructed economic potentials and resulted in widespread energy poverty in Lebanon. In Executive’s investigation of damages, needs, and potentials of economic sectors with members of the Lebanese Private Sector Network, we sat down with Joseph Assad, Lebanese and regional energy expert and dean of the engineering department at USEK. He took us on a perforce tour of personal insights

You may also like

✅ Registration successful!
Please check your email to verify your account.