City Beat, Los Angeles, News

Bassil encourages Lebanese-Americans to invest in Lebanon


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bassil(BEIRUT, LEBANON) — During a trip to Los Angeles, California, Gebran Bassil spoke to a group of Lebanese citizens and Americans of Lebanese descent, saying it was their duty to purchase investments and Lebanese goods.

“We encourage you to invest overseas but to also dedicate some profits to investing in Lebanon through the ‘We Invest to Stay’ project,” he said.

The project intends to financially support Lebanese expatriates who invest in their countries of residence, on the condition of moving 20 percent of their investment onto Lebanon’s economy.

He also called on them to encourage their families in Lebanon to insist on staying in their homeland, “so that we do not become all emigrants without any land.”

Underlining the importance of preserving cultural heritage, Bassil called on the expatriates to stick to their native language, and disclosed a plan to draft a “Lebanese expatriate school” model, in collaboration with the Education Ministry.

See photos of his Los Angeles visit below:

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