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- Northern Coastal Road Project
Northern Coastal Road Project
Lebanon
| Borrower | Lebanon |
| Financing Type | Public Sector |
| Instrument | Project Loan |
| Focus Area | Transportation |
| Approved | 14.06.2001 |
| Signed | 26.02.2002 |
| Status | Completed |
| Loan Administrator | ISDB |
| Executing Agency | CDR |
| Co-financiers | ISDB, government |
| OPEC Fund Contribution (US$m) | 10.00 |
| Total Project Cost (US$m) | 64.55 |
Although the majority of Lebanon’s road network is paved, many sections are over 60 years old and require extensive rehabilitation. This project aims to establish a new 51-km road to connect the Beirut-Tripoli Highway to the Syrian border, thereby improving links with neighboring countries.
Twelve sections of the Northern Highway will be either newly constructed or rehabilitated and ditches and drains replaced to prevent flooding. In addition overpasses, bridges, viaducts and barriers will be built. The improved transportation links will help boost Lebanon's economic activity by providing better conditions for the development of export-oriented industries and the promotion of foreign and domestic trade.