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Top Lebanese ICT firms leading national show of force at Gitex
DUBAI - At Gitex Dubai 2004, more than ten leading Lebanese IT companies are participating under the umbrella of the Professional Computer Association (PCA).
The highly export focussed market has seen its worth double in the past four years to stand at $ 380 million owing to a strong growth in the exports for Lebanese Software products to the regional market and the gains it has achieved through attending leading IT trade fairs in the region.
Jalal Fawaz, president, PCA, said: "Gitex Dubai, being the premiere IT trade expo in the region, remains the favoured destination for the Lebanese Software industry as it has proved to be the most valuable way of capturing new business from Middle East market. With a growth rate tipping at 12.5 per cent annually for the past two years, the highly export focused Lebanese Software market reported 75 per cent of all receipts coming from the region near abroad."
The participating companies at Gitex Dubai reflect the core strengths the industry offers in providing solutions to the Banking, Retail, Education and General Trade sectors making the ICT industry in Lebanon the most vibrant and productive from among the countries in the region.
The companies including Arachnea Web Technology Group (AWTG), Automation Computer Technology (ACT), DC Soft, Geo Vision, Netiks, Profile, SETS, Smartech, Software Design Consulting Group (SDCG), and XIMETA will be located at the 184 square metre Lebanese Pavilion located at the Rashid Hall in the Dubai International Exhibition Centre, situated along side the country pavilions of Germany, India and the United Kingdom.
Michel Nsier, Head of Lebanese Pavilion, Gitex Dubai 2004, said: "Consolidating our presence in the Gulf Market takes the centre stage while devising strategies to abet the growth of the Lebanese IT industry. As Gitex Dubai gains more international and regional reputation, Lebanese companies are keen to exploit the opportunities the trade fare offers in networking with high value clients in the region who are seeking innovative products that are cost efficient and of high quality."
The growth in the IT sector in Lebanon is helping to offset the unfavourable economic condition brought on by a devastating 17 year civil war.
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