March 29 - April 9
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Multi-billion German plan for
Beirut Port and neighborhood
Up to $15 billion project with EIB funding
Germany is getting ready to propose on April 7 a multi-billion-dollar project to rebuild the Port of Beirut and surrounding areas according to an exclusive dispatch from Reuters news agency. The project cost ranges from $5 billion to $15 billion, and would create up to 50,000 jobs.

The European Investment Bank (EIB) has agreed to help fund clearing the destructed area and reconstruct facilities. EIB funding has been estimated at €2 billion to €3 billion.

In addition to the PoB itself, the proposal includes the redevelopment of mor
270,000 people at least got their first vaccination dose
Injection rate has reached 10,000 per day
Made in Lebanon virtual fair launched by Cedar Oxygen
40 manufacturers participating
BEMO buys Bank Audi stake in Syria’s Ahli Trust
Obegi: Buy on sound of cannons, sell on sound of trumpets
Industrial waste treatment project gets $150,000 grant
Other local and international press coverage
on business and economic stories on Lebanon

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