Qatar to fund and operate electricity project

Prime Minister Nohad Machnouk confirmed that Qatar will undertake the financing, implementation, and operation of the Lebanon electricity network development project, without the Lebanese treasury bearing any upfront costs. The goal is to increase production, reduce costs, and improve sector management, thereby fostering reinvestment and revitalizing the Lebanese economy. Machnouk pointed out that this project comes amidst Qatar's ongoing support for Lebanon's stability and its stand by the state. Meanwhile, the Qatari Prime Minister emphasized that the cooperation includes establishing a comprehensive framework for energy projects within a major investment that will benefit the Lebanese economy and strengthen the partnership between the two countries.

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