Reforming and Rebuilding Lebanon’s Port Sector Part II : Policies and Solutions for Digitalizing the Port of Beirut
The resilience of the Lebanese port sector has proven to be low. The impact of the ongoing economic crisis, the COVID-19 pandemic, and the Port of Beirut (PoB) explosion has traumatized the sector and exposed its weaknesses and inabilities to predi...
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| Language: | English |
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World Bank, Washington, DC
2021
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| Online Access: | http://documents.worldbank.org/curated/en/681421628018713114/Reforming-and-Rebuilding-Lebanon-s-Port-Sector-Part-II-Policies-and-Solutions-for-Digitalizing-the-Port-of-Beirut http://hdl.handle.net/10986/36136 |
| Summary: | The resilience of the Lebanese port
sector has proven to be low. The impact of the ongoing
economic crisis, the COVID-19 pandemic, and the Port of
Beirut (PoB) explosion has traumatized the sector and
exposed its weaknesses and inabilities to predict, identify,
and respond to external risks. Anticipated slow recovery is
expected to intensify the burden on the economy while
opportunity costs are high given the recent port
developments in the Eastern Mediterranean region and
globally. Digitalization is one of key foundational stones
for reconstruction. The “Reforming and RebuildingLebanon’s
Port Sector “ note that the World Bank published in January
2020 highlights that there is a unique opportunity for
rebuilding better the PoB and recommends a roadmap around
four key building blocks: i) a new governance structure
based on the landlord port model; ii) efficient and modern
trade compliance procedures; iii) open and transparent
bidding processes for selecting investors, operators, or
concessionaires; and iv) quality infrastructure contingent
on a national port strategy and a revised PoB masterplan. |
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