Egyptian company to expand Lebanon’s Tripoli port

BEIRUT, July 29 (Xinhua) — 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. Enditem