Egyptian company to develop Lebanon’s Tripoli port at $87mln

The construction work at the Tripoli port will start within 10 days

  
Image used for illustrative purpose. General view of the construction site for a China Communications Construction Co Ltd funded port city, in Colombo December 4, 2013 REUTERS/Dinuka Liyanawatte

Image used for illustrative purpose. General view of the construction site for a China Communications Construction Co Ltd funded port city, in Colombo December 4, 2013 REUTERS/Dinuka Liyanawatte

REUTERS/Dinuka Liyanawatte

Lebanon’s Council for Development and Reconstruction signed on Tuesday an agreement with an Egyptian company for the construction of infrastructure at the Tripoli port, the Lebanese National News Agency reported.

At the value of $87m 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, 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 a 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.

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