EIB Lends Lebanon 45Mn ForTripoliPort Expansion
The EuropeanInvestment Bank (EIB) and the Council for Development and Reconstruction (CDR)have initialed a loan of 45mn to part finance a project for the expansion ofthe port of Tripoliin Lebanon,estimated to cost up to 90mn. The loan is repayable over 20 years. The projectinvolves the construction of a new quay outside the existing sea defenses andincludes seabed excavation works, the extension of the outer...
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