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by Executive Editors

Kuwait’s rebuilding of Lebanon The Kuwait Fund for the Arab Economic Development (KFAED) is planning to build the ‘Beirut Historical Museum’ in the Central District of the Lebanese capital, according to Mohammed Sadeki, a representative of KFAED, as quoted in An Nahar. The museum, valued at $30 million, will be built on a 9,000 square meter area with costs covered by a grant from the Kuwaiti government. Sadeki told the newspaper that that KFAED is currently executing 45 of the 53 projects Kuwait committed to as part of the reconstruction of Lebanon after the July 2006 war. The KFAED projects are valued at some $190 million; projects include infrastructural works, school building and renovation, as well as waste water plants. Moreover, $110 million is also granted as housing compensation as the fund aims to rebuild 24 villages in the south and 14 buildings in Beirut’s southern suburbs. Solidere and SODIC

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