German firms unveil lavish post-blast Beirut port plan ...Saudi Arabia

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German firms unveil lavish post-blast Beirut port plan
source : ARAB NEWS ( Saudi Arabia ) () 12
Author: AFPID: 1617986803481117700Fri, 2021-04-09 19:57 BEIRUT — A German delegation on Friday unveiled a spectacular multi-billion-dollar project to rebuild Beirut port and its surroundings but admitted it was contingent on far-reaching government reforms. Swathes of the port and adjacent neighborhoods were destroyed when fire ignited poorly stored ammonium nitrate on August 4, causing one of the world’s largest ever non-nuclear explosions and killing more than 200 people. The ambitious German project was met with skepticism by some observers who argued Lebanon’s leaders were showing no sign of providing the most basic conditions for foreign investment. The plan put forward by two Germa

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