|Neemat Frem is President & CEO of INDEVCO Group, a Lebanese-owned and based manufacturing group employing over 9400 people worldwide. Frem manages over 60 companies worldwide. Located in Cyprus, Egypt, England, Greece, India, Iraq, Jordan, Lebanon, Saudi Arabia, Tunisia, Ukraine, and the United States, the manufacturing plants produce plastic, paper, and corrugated packaging, tissue and consumer products, machinery, and alternative energy sources.
Frem founded Phoenix Machinery in Safra in the late 1990s. A success story, the company has evolved from a machinery manufacturer into a high technology service provider that designed, built and transferred an energy-efficient biomass power plant in the U.S. Phoenix has since expanded with a sister company there, Phoenix Technology Holdings.
Frem has attended executive leadership and business programs at Harvard University, Georgetown University, and Stanford University. He holds a Bachelor of Engineering degree in Electrical Engineering from American University of Beirut (AUB).
With a personal and corporate philosophy of "commitment to the community", Frem is a board member of the Association of Lebanese Industrialists (ALI), AUB Olayan School of Business Middle East Advisory Board, Bader Young Entrepreneurs Program, and Young Presidents Organization, as well as other social institutions.
Frem has two registered patents:
- US Patent No: 10/369730 (21/2/03): Automatic Sandwich Dispenser & Method for Automatically Dispensing Sandwiches
- Europe Patent No: 1339029 (30/5/2007): Distributeur automatique de sandwichs et procédé de distribution automatique de sandwichs