Egyptian company to expand 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)

Egyptian Ambassador in Lebanon Yasser Alawi announced on Thursday that the Arab Contractors, an Egyptian construction company, will start within two months a 28-million-U.S. dollar project for expanding Tripoli’s port in northern Lebanon, the National News Agency reported.

The project will be financed through a loan by the Islamic Development Bank after completing all legal papers between the bank and the company.

Lebanon’s Tripoli Port Director Ahmed Tamer said that the project will cover the administration buildings, container storage areas, and the completion of roads and infrastructure construction.

It will expand storage areas, secure logistic areas and four new warehouses.

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