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QFFD Launches Douma Market Restoration Project in Northern Lebanon

Economy

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Beirut, September 11 (QNA) - Qatar Fund for Development (QFFD) launched a project to restore the old market in the village of Douma in Northern Lebanon with the aim of supporting the brothers in Lebanon to revitalize the commercial movement through the rehabilitation and restoration of the old market.
The restoration project is implemented with the Petrounyat Association, in completion of the agreement signed in 2019. The project works to improve the urban planning of the Douma area and revitalize the commercial and economic movement.
The project was launched during a ceremony held in the market, under the patronage and presence of HE Lebanese Minister of Tourism Walid Nassar.
HE Ambassador of the State of Qatar to the Republic of Lebanon Ibrahim bin Abdulaziz Al Sahlawi delivered a speech during the ceremony as representative of the Qatar Fund for Development, saying: "I am honored to participate today in the launch of the Douma market restoration project, which the State of Qatar was given the opportunity to finance out of its tireless desire to stand by Lebanon and support it in all fields." This support and funding stems from the State of Qatars realization that heritage is one of the things that give distinctive features to every nation, as heritage is part of its identity and it shows how it built its glories and what are the reasons that led to its continuation or decline," HE the Ambassador added.
HE the Ambassador of Qatar noted that launching the project is the culmination of the partnership and cooperation between the State of Qatar, represented by the Qatar Fund for Development, and the sisterly Republic of Lebanon, and to complement the sustainable development goals that constitute common priorities.
The importance of the market lies in being an economic weight for the village, as well as an important heritage and tourist landmark. Such projects not only contribute to reviving the economy and tourism, but also contribute to opening new job opportunities, refreshing the labor market and adding to the income of individuals.
This project is a continuation of the role of the Qatar Fund for Development in helping the Arab brothers, and it is also a continuation of the sustainable development goals such as the eighth goal which says: "promoting steady, inclusive for all and sustainable economic growth, full and productive employment, and providing decent work for all", which is one of the Qatar Fund priorities. (QNA)

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