Skip to main content

Bidding for highway in Tunisia

Bidding is opening on a major new highway project in Tunisia. The country’s works ministry is launching an international call to tender for construction of the 180km highway linking Gabès, Médenine and Ras Jedir. Work is expected to last three years and will create 2,000 jobs. The project, which will be completed at the beginning of 2017, is expected to cost over US$631 million in total. The Gabès-Médenine stretch is expected to cost $ 347 million and will be financed by the Tunisian State and the Japanese
June 28, 2012 Read time: 2 mins
Bidding is opening on a major new highway project in Tunisia. The country’s works ministry is launching an international call to tender for construction of the 180km highway linking Gabès, Médenine and Ras Jedir. Work is expected to last three years and will create 2,000 jobs. The project, which will be completed at the beginning of 2017, is expected to cost over US$631 million in total. The Gabès-Médenine stretch is expected to cost $ 347 million and will be financed by the Tunisian State and the Japanese International Cooperation Agency. The Médenine-Ras Jedir link is expected to cost $284 million and will be financed by the 1586 African Development Bank (AfDB). The deals reveal how Tunisia is resuming its economic operations after the ousting of the country’s previous regime and more contracts are expected in due course.

For more information on companies in this article

Related Content

  • India’s new highway projects finding funding
    October 20, 2016
    Funding has been found for a major highway project in India. The Asian Development Bank (ADB) is providing a substantial portion of the US$846 million of financing required for the 800km Visakhapatnam-Chennai Industrial Corridor (VCIC). In all the ADB will provide $631 million in the form of a series of grants and loans, which will be delivered in stages. Meanwhile the Indian Government will provide $215 million. The VCIC itself forms part of the 2,500km East Coast Economic Corridor (ECEC).
  • Trans-Sahara highway upgrade project complete
    May 8, 2018
    Work has now been completed on Algeria’s upgrade of its 1,600km of the Trans-Sahara highway route.
  • India highway planning
    May 10, 2016
    The Indian Government has set out plans to award highway projects worth at least US$8.84 billion during the next fiscal year. These projects will be offered under the hybrid annuity model, according to a report in the Economic Times. KPMG has stated that some 21 projects for a total of 1,500km and worth close to a third of that sum will be granted by the Indian Government in the current fiscal year. India’s Ministry of Road Transport and Highways has sought budgetary support from the Ministry of Finance an
  • ADB loan for Armenia-Georgia highway
    November 4, 2016
    Approval for a US$50 million loan to develop a highway stretch in Armenia has been given by the Asian Development Bank (ADB). The loan will be used to upgrade the M6 Highway from Vanadzor in Armenia to the country’s border with Georgia at Bagratashen. The route is one of the most strategic roads for internal and external trade for landlocked Armenia while it also lies close to the country’s border with Azerbaijan. The upgrading of this highway will also provide an important link to the Black Sea Ring Road p