In the framework of the cooperation between Lebanon and the EU, and with the assistance of UNIDO Lebanon, a Subcontracting and Partnership Exchange (SPX) is established in Beirut, at the Industrial Research Institute. The objective of this SPX is to provide the Small and Medium Industries advisory information and services and to promote the subcontracting and the partnership between these industries and the international SMI’s.
An SPX is a center for technical information, promotion and display of capacities, processes and particularities of industrial production or services, in the shape of autonomous structure, having its main objective to create links between demand and supply of subcontracting activities.
The fundamental idea aiming at making the best use of the industrialists’ production means and capacities in a certain region came out from the fact that, in a given sector, the industrialists barely know each other and have no means to get precise information about the technical capabilities of their colleagues that could provide a part of or all their manufacture. Conversely, their own capabilities are not known by other industrialists.
The Lebanese SPX will be part of an international network that covers about thirty countries and sixty SPX’s in the world.
At the end of 2001, the establishment phase of the SPX was terminated, and started with its functioning phase.