More power supply to be added this month. Plans to build Jiyeh plant with 500 MW capacities

Jiyeh power plant will be officially launched on July 2 by the Ministry of Energy and Water (MoEW). The plant has been in trial operation since a few weeks.

Danish firm 'Burmeister and Wain Scandinavian Contractor' (BWSC) in a joint venture with the German firm MAN is the project's contractor. It conducted testing and commissioning works to link the new plant to the grid.

Construction of the plant had begun in 2013, and has been built and ready for use since July 2015. Problems b...

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$150 million aid to improve healthcare sector. World Bank and IDB funding the project

The World Bank and the Islamic Development Bank (IDB) will provide the Ministry of Public Health with $150 million aid. This is in support of the healthcare system that is being burdened by the influx of Syrian refugees.

The World Bank has contributed $120 million and the IDB $30 million.

Around 30 percent of the amount will take the form of a grant. The remainder will be provided as a low-interest loan paid within 30 years after a seven-year grace period.

Minister of Pu...

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Huawei Lebanon wins telecom contract. Work to start late August

The Ministry of Telecom announced Huawei Lebanon has won the bid to replace time-division-multiplexing (TDM) switches installed in 1994 with the new advanced telephony IP Multimedia Core Network Subsystem (IMS). The value of the winning bid is $12 million.

IMS is an architectural framework for delivering IP multimedia services.

The project is meant to add 200,000 phone landlines that the market needs. The present bid is the first of a three-phase process that is necessary to achie...

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Treasury notes issued to private hospitals. Arrears valued at $1.1 billion

The Ministry of Finance (MoF) has issued $80 million treasury notes to cover some of the arrears owed to private hospitals for the period 2000-2011. The arrears represent money owed by the Ministry of Public Health (MoPH), which has accumulated over the 12 years whenever the ministry exceeded the yearly financial ceiling it had set with hospitals.

Sleiman Haroun, Chairman of the Syndicate of Private Hospitals, said: "This amount does not cover all the arrears of the MoPH, which is $120 m...

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16 dumping complaints from different sub-sectors. Protective measures being requested

The Association of Lebanese Industrialists (ALI) has filed 16 dumping complaints to the Ministries of Industry, Economy and Trade, Council of Higher Customs, Finance, and Foreign Affairs.

The complaints relate to metal pipes, flour, berghol, confectionaries, pasta, dairy products, biscuits, marble tiles, cornflakes, foie gras, profiled aluminum, detergents, paper, sanitary products, poultry, and hunting pellets. Other companies are also preparing complaint files, mainly relating to the f...

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