Between $605m and $760m will be needed for the reconstruction before December 2020 © AFP via Getty Images
Between $605m and $760m will be needed for the reconstruction before December 2020 © AFP via Getty Images

Beirut port blast could cost $8.1bn

22 September 2020

The explosion in Beirut’s port district in August caused damage worth up to $4.6bn, a study has found.

A Rapid Damage and Needs Assessment (RDNA) – by the World Bank, EU and UN – said the explosion caused damage to stock worth $3.8bn-4.6bn. Further damage to the economy, such as lost trade and revenues, could amount to $2.9bn-3.5bn.

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