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Egyptian Company Awarded Contract For Port Of Tripoli, Lebanon

Egyptian company awarded contract for Port of Tripoli, Lebanon

Tripoli, Lebanon (PortSEurope) August 2, 2021 – The Egyptian ambassador to Lebanon, Yasser Alawi, has visited the port of Tripoli and announced that Arab Contractors, an Egyptian construction company, has won a contract at Tripoli port, according to the local National News Agency. The company will construct administration buildings, container storage areas and complete roads and infrastructure construction which forms part of a $28 million
contract to expand the port, a project likely to be financed by the Islamic Development Bank. The Arab Contractors (AC) is one of the leading construction companies in the Middle East and Africa. This week marks a year on from August 4, 2020, when a large amount of ammonium nitrate stored at the port exploded, causing at least 218 deaths, 7,500 injuries, and US$15 billion in property damage, and leaving an estimated 300,000 people homeless. Little progress has been made in rebuilding the port. This has highlighted the importance of Tripoli port, just 70 km north of Beirut, as an alternative transport hub for the country. Copyright (C) PortSEurope. All Rights Reserved. 2021.

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