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  • 02-10-19

    Tripoli public transport project backed by EIB

    (MENAFN) Lebanon was announced by be receiving financing from the European Investment Bank (EIB), aiming to support a major public transport project launched in Tripoli.

    A delegation from EIB announced "the bank is ready to finance the project as a basic need to solve the traffic crisis in Tripoli, in addition to finalizing the railway studies for building a railway from Beirut to Tripoli."

    EIB is planning to finance the construction of a network within Tripoli and its suburbs, covering a passenger terminal to be set up at the southern entrance of the northern city.

    The bank was declared to also be planning to buy buses along with establishing an information technology system aimed at managing the project.

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