A German delegation presented today its project to rebuild the Beirut Port and its surrounding during a press conference. The multi-billion-dollar project envisions beaches and a “central park” alongside restored architectural heritage, all wrapped in a plan that would generate 50,000 jobs and billions in profit. The two German firms Colliers Germany & Hamburg Port Consulting (HPC) plan to move most port activity away from the city center and wish to “develop the port precinct of Beirut into a world class, state-of-the-art port”.
Needless to say, all these proposals are not happening anytime soon as no party is willing to offer any financial support to Lebanon without substantial economic and political reforms.
You can read more about it [here].