Egyptian Company To Spend $87 Million To Develop Lebanon’s Tripoli Port

A general view shows the port of Tripoli in northern Lebanon, on August 10, 2020. – Lebanon’s northern port city of Tripoli is readying its harbour to temporarily replace that of Beirut, which was levelled in last week’s massive explosion, officials said. Tripoli port’s capacity is smaller than the capital’s, through which the vast majority of Lebanon’s food and other imports used to transit. (Photo by Ibrahim CHALHOUB / AFP) (Photo by IBRAHIM CHALHOUB/AFP via Getty Images)


Lebanon’s Council for Development and Reconstruction signed on Tuesday an agreement with an Egyptian company for the construction of infrastructure at the country’s port in Tripoli.



At the value of 87 million U.S. dollars funded by the Islamic Development Bank, the construction work at the Tripoli port will start within 10 days and it should be completed in two and a half years, said Nabil el-Jisr, president of the Council for Development and Reconstruction.


Hazem Abdel Ghafar, the representative of the Arab Contractors, an Egyptian leading construction company, said that his company will develop the Tripoli port’s infrastructure by constructing new buildings for customs, administration, army and fire station, with all departments being electronically linked to central control.


Egyptian Ambassador to Lebanon Yasser Alawi noted that Egypt will always stand by Lebanon by providing assistance in different regions of the country including Beirut, Tripoli, Akkar and Tyre.


Written by PH

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