Russian Companies Want To Invest In Lebanon’s Ports, Electricity, And Oil

Lebanon Receives Russian Electricity, Oil & Port Project Proposals
Al-Akhbar/Haytham Al-Musawi

Caretaker Public Works and Transport Minister Michel Najjar on Monday met with a delegation from Russia carrying various project proposals for Lebanon.

The delegation, which included representatives of Russian investment companies that specialize in infrastructure, port affairs, and transport and energy, expressed interest in collaborating with Lebanon and providing support for the ports of Beirut and Tripoli.

The technical team that specializes in ports will spend three days at the Port of Beirut and three others at the Port of Tripoli to consider the possibility of establishing new wheat silos in both cities, caretaker Minister Najjar announced after the meeting.

Lebanon’s only silo was destroyed during the August 4 Beirut Port explosion. What remains of the structure is still standing at the Port, albeit unstable, with experts repeatedly warning of the risk it poses.

On his part, the director-general of the Russian company, Hydro Engineering & Construction, stressed the delegation’s readiness to “support everything that is needed, especially since our companies deal fully with the Russian government.”

He said that the Russian team of experts that will be present in Tripoli and Beirut will be coordinating with the experts at the Public Works and Transport Ministry.

The executive also announced that Russian Airlines would increase the number of trips to Lebanon, hoping that the cooperation between Lebanon and Russia would prove effective.

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