Lebanese PM launches master plan to reconstruct Beirut port
February 11, 2022, 4:11 pm

Lebanese PM launches master plan to reconstruct Beirut port

Lebanon-Beirut Port blast

The Xinhua reported, Lebanese Prime Minister Najib Mikati launched on Friday a master plan for the reconstruction of the Beirut port which was devastated by two explosions in August of 2020.

According to a statement by the Council of Ministers, Mikati said during a ceremony attended by World Bank representatives in the capital Beirut, the rebuilding of the Beirut port remains a national and economic priority for Lebanon, especially since the port is the most vital artery in the Mediterranean.

Mikati said the government is preparing a new law for the development of the ports, including the Beirut port, in a bid to attract companies hoping to invest in them.

Ali Hamieh, the Lebanese minister of Public Works and Transportation, said that the new legal framework, which is under preparation in cooperation with the World Bank, aims at activating investment in all public facilities.

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World Bank Regional Director Saroj Kumar Jha said the new law sets the rules of governance for the reconstruction of the Beirut port.

The Xinhua noted that the Beirut port was rocked by two huge explosions on Aug. 4, 2020, causing heavy damage to its facilities and killing more than 200 people.

Source: xinhua

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BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has sponsored the BuildHer CityHack 2025 Hackathon, a two-day event spearheaded by the College of Engineering and Technology at the Royal University for Women (RUW).
Aimed at secondary school students, the event brought together a distinguished group of academic professionals and technology experts to mentor and inspire young participants.
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