Update: Solidere’s term was actually extended to 35 years in 2005, so its term ends in 2029 not 2019 as is being said, open to extension. via Karl
We all know that the St Georges Club in Beirut and Solidere are not friends, and it seems the St Georges is optimistic that Solidere will come to an end in 2019. The reason why they are saying so is because Solidere was created in 1994 and its life span was limited to 25 years and cannot be renewed legally. Honestly, I am pretty sure they will figure out a way to renew Solidere’s contract or replace it with a similar company under a different name. Nevertheless, I wonder who will take over Solidere’s tasks if the company ceased to exist.
Thanks Hadi!