Lebanon awards the French company CMA CGM a 10-year contract to manage, operate and maintain the container terminal in Beirut port.
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Lebanon awarded a contract to a French company to manage, operate and maintain the container terminal at the port of Beirut
The Lebanese Minister of Public Works and Transport, Ali Hamiyah, told “Archyde.com” today, Thursday, that Lebanon has awarded the French company CMA CGM a 10-year contract to manage, operate and maintain the container terminal in the port of Beirut.
In a tweet on its Twitter account, the French company stated that operations will start in March 2022 and will last 10 years.
CMA CGM awarded the concession of the #Beirut Port container terminal > https://t.co/E8duxmMyta
In line with our longstanding commitment to #Lebanonwe will launch a state-of-the-art operation to modernize the terminal, including an improvement in its environmental performance. pic.twitter.com/Ll4MyhXLpf
— CMA CGM Group (@cmacgm) February 17, 2022
Published by A.The French company via its websiteAn ambitious investment plan to renovate and modernize the building.
Through it, she indicated that $33 million will be invested in the container terminal in Beirut Port, including $19 million over the first two years, explaining that the amount will be allocated to “a complete modernization of the infrastructure, and the establishment of a new technical facility for maintenance and storage of spare parts.”
The company added that the plan includes the adoption of “the latest management and improvement systems and the interconnection between the various operations and operators within the port community, and the improvement of environmental performance, through the purchase of environmentally friendly equipment.”
The company pointed out that the “CMA CGM” group, which was established in Lebanon 43 years ago, is closely linked to the Port of Beirut, which plays a vital economic role in the capital and the country.
And she continued, “After the complete acquisition of the container terminal inside the port of Tripoli in 2021, and the creation of nearly 800 jobs during the past two years, the group works today with nearly a thousand employees in Lebanon, and 400 new job opportunities will be pursued” during the next year.
In turn, Rodolphe Saade, Chairman and CEO of CMA CGM Group, expressed his happiness at returning Beirut Port, saying, “We will very quickly launch an ambitious investment plan that will make it a high-performance terminal that meets the best international standards.”
Very happy to have won the concession for the container terminal of #Beirut. True to our commitments to the #Lebanonwe will very quickly launch an ambitious investment plan that will make it a high-performance terminal, meeting the best international standards. pic.twitter.com/dYuQF4Nr6v
– Rodolphe Saade (@RodolpheSaade) February 17, 2022
The port of Beirut was exposed For a massive explosion in 2020killing more than 200 people and damaging entire neighborhoods, exacerbating the worst political and economic crisis in Lebanon since the 1975-90 civil war.