Naharnet

Miqati Says Rebuilding Beirut Port is a National, Economic Priority

Prime Minister Najib Miqati said Friday that a new law for the ports, including the port of Beirut, is being prepared.

He added, in a ceremony at the Grand Serail, that Beirut's port must be rebuilt for it to attract optimal investments.

"Rebuilding the port of Beirut remains a national and economic priority," Miqati stressed.

Several countries are said to be interested in rebuilding the port and the surrounding areas, including Turkey and China, but Germany’s consortium, led by Hamburg Port Consulting and Colliers, was the first to visit Lebanon with a plan in hand that they presented to Lebanese officials.

Beirut’s port, with an area of 1.2 million square meters (12.9 million square feet), is by far the largest in Lebanon, on a strategic Mediterranean crossroads between Asia and Europe.

Source: Associated Press, Naharnet


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