IFC – International Finance Corporation announced five investments & engagements in Lebanon

We are proud to announce a new milestone in our long-standing collaboration with IFC (International Finance Corporation).

IFC is partnering with Matelec through an investment of up to $30 million to support our upcoming infrastructure projects in Lebanon and across the broader Middle East and North Africa region.

This partnership reinforces Matelec’s contribution to industrial development, job creation, and sustainable growth, while supporting The World Bank Group’s broader efforts to advance Lebanon’s recovery.

Together, we continue to power progress for our communities and our region.