The world bank has proposed a Rapid Damage and Needs Assessment (RDNA), prepared by the World Bank in cooperation with the United Nations and the European Union, for the port of Beirut. World Bank considers a prerequisite for building back a better Port of Beirut and revitalizing the Lebanese economy, according to a new World Bank note that aims to provide guidance to policymakers on the crucial additional requirements for the rebuilding of the Port of Beirut (PoB).
The Port of Beirut is the main gateway for the external trade of Lebanon, but it has failed in its key role as an enabler of economic development in the country by failing to guarantee safe and efficient operations and undertaking the necessary long-term strategic planning. These failures are a direct result of the current mismanagement and lack of good governance of the Port that was established in a legal vacuum and adheres to a port management system that arguably reflects the complex political-economic realities of Lebanon, and which as a result run counter to many recognized good practices.
The European Bank for Reconstruction and Development has launched tender inviting consultancy firms to advise on the US$200 million Green Economy Financing Facility (GEFF) – a green bank fo...
Read moreThe High Council for Privatization in Lebanon and European Bank for Reconstruction and Development (EBRD) have issued an expression of interest seeking technical consultant for the KYE Airpo...
Read moreThe International Finance Corporation, a unit of World Bank, has launched two tender processes for interested firms to deliver technical consultancy services for the Greater Beirut Bus Rapid Tran...
Read moreThe Government of Lebanon has launched the preparatory phase of the expansion of the Rafic Hariri International Airport in Beirut. The phase includes the preparation of financial, technical and l...
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