The Beirut Digital District (BDD) was launched Monday in the neighborhood of Bashoura, in the heart of Beirut, with the aim of creating a hub for technology, attracting foreign investment and helping retain young and talented Lebanese.
BDD fosters accelerators to boost startups and allows closing deals, sharing ideas, developing projects, and expanding businesses, said Minister of Telecommunications Nicolas Sehnaoui in a tweet.
“Beirut Digital District: Connects decision makers with entrepreneurs. This is a project that aims to create a hub for the digital industry in Lebanon and in the region,” added Sehnaoui.
The center, which is a high-rise building in Bashoura with 3,200 square meters of office space, is promising to offer advanced infrastructure – including broadband Internet and state-of-the-art information technology facilities according to local reports.
The center also aims at becoming a center for IT startups.
“Lebanon has always supported digital and technological economy”, said Prime Minister Najib Miqati during the inauguration ceremony that was held under his patronage.
“This initiative is the result of a true collaboration between the private and public sectors. We hope that there are many others. Lebanon will do everything to preserve its economic and media freedom,” he said, while promising to work for peace and the unity of the country.