VOL. XXXIX

No. 50

9-September-1996

Lebanon

Spanish Company Wins Beirut Port Renovation Contract

Spain's Entracanales y Tavora has won a $102.8mn contract to renovate the war-damaged port of Beirut. The three-year renovation project is expected to begin in November and will be partly financed by a $54mn loan from the European Investment Bank. The project includes the construction of a container station, two 280-meter quays, a breakwater and the paving and asphalting of roads. The...