Lebanon Businessnews News

Fiberglass factory
for Comtec in Anfeh
To manufacture boats, prefabricated houses,

and water proofing materials

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Comtec Marine, a manufacturer of boats and yachts, will build an additional factory in Anfeh, Koura, in early 2017.

The 3,000 square meter (m2) factory will require a four-million-dollar investment and will triple the production capacity.

According to Joe Keshishian, the factory owner, the facility will be used to manufacture other items in addition to boats, but making use of the same material.

The other items include prefabricated houses, swimming pools, and waterproofing material made from fiberglass.

“Using this material will allow us to install roof gardens, as fiberglass resists all weather conditions.” Comtec has already implemented the use of fiberglass in Ashrafieh’s ‘Monot 38’ building.

Keshishian said that the fiberglass market has one of the highest growths worldwide. “We are witnessing a good level of demand,” he said.

The company will be able to manufacture customized prefabricated houses at sizes starting from 25 m2 and up to 200 m2. The price per square meter is $360.

Comtec is now in the process of manufacturing one of the biggest yachts made in Lebanon, which will cost around $2.5 million.
Reported by Rania Ghanem
Date Posted: Sep 30, 2016
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