Beirut:Prime Minister Nawaf Salam announced that Qatar will finance, implement, and operate a significant electricity project in Lebanon under a build-operate-transfer (BOT) model. This initiative will not require any initial capital from the Lebanese treasury.
According to National news agency - Lebanon, the announcement was made at a joint press conference with Qatar’s Prime Minister and Minister of Foreign Affairs, Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani. Salam stated that the project would integrate various energy generation sources and necessary infrastructure to ensure a more reliable and cost-effective electricity supply.
Salam expressed gratitude for Qatar’s consistent support for Lebanon’s sovereignty, territorial integrity, and stability. He also acknowledged Qatar's efforts to facilitate Israel's complete withdrawal from occupied Lebanese territories and the restoration of state authority across the country.
Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani reaffirmed Qatar's steadfast commitment to Lebanon's unity, sovereignty, security, and stability. He promised ongoing support for Lebanon’s stability through the five-nation committee and highlighted continued assistance to the Lebanese Army in collaboration with international partners.
Al-Thani emphasized the importance of implementing UN Security Council Resolution 1701, ensuring Israel's withdrawal from occupied positions, and respecting existing agreements. He also pointed out the collaboration with the United States on rebuilding South Lebanon to enable the return of displaced residents.
In terms of energy cooperation, Al-Thani announced an agreement to develop a comprehensive framework for bilateral cooperation and integrated energy solutions. This major investment project aims to benefit both the Lebanese economy and Qatari entities involved. He reiterated Qatar’s commitment to supporting the Lebanese Army as a crucial institution for maintaining the country's security and stability.