• Beirut

  • Friday, March 15, 2024 at 2:11:26 PM
    Last Update : Tuesday, March 19, 2024 at 6:11 AM

French Plan to Rebuild Beirut Port Announced

(AWP) - On Wednesday, Lebanon’s Ministry of Public Works and Transports revealed a plan by two French companies to rebuild and develop the Beirut port. The announcement was made during ceremonies held at the port and attended by Najib Mikati, Prime Minister of the Lebanese caretaker cabinet, and French ambassador in Beirut, Hervé Magro.

“The project will be implemented as soon as possible, whether through foreign contributions, which we welcome, or revenues from the port,” said Mikati during a press conference.

Ali Hamie, Minister of Public Works and Transport, said that investment is available for all local and global specialized corporations who wish to offer tenders in accordance with the legal frameworks in Lebanon.

“The state’s sovereignty over its assets will be preserved, and the port will remain a state property without any prejudice,” he added.

Speaking on the occasion, Ambassador Magro described preparations for a security upgrade at Beirut port, in line with international criteria.

According to the plan, the project will cost $50-100 million, and comprises the reconstruction of quays and courses that will improve movement within the port, in addition to the installation of money-saving solar panels.

The port was shaken by a devastating explosion on August 4, 2020, which left massive damage in the capital city and its suburbs.