World Bank funding Tunisia road projects

Funding from the World Bank (WB) will help finance work on three major road projects in Tunisia. The finances include a loan of US$200 million as well as a contribution of $909,000. The roads will connect Siliana and El Fahs, Djbel El Ouest and Zaghouan, and Kairouan and Sousse. The loan and contribution are granted for technical assistance with regard to the three road projects. The financing agreements include a performance contract for road maintenance. The WB will also finance a feasibility study for Tu
April 21, 2016 Read time: 1 min
Funding from the World Bank (WB) will help finance work on three major road projects in Tunisia. The finances include a loan of US$200 million as well as a contribution of $909,000. The roads will connect Siliana and El Fahs, Djbel El Ouest and Zaghouan, and Kairouan and Sousse. The loan and contribution are granted for technical assistance with regard to the three road projects. The financing agreements include a performance contract for road maintenance. The WB will also finance a feasibility study for Tunisia’s performance contracts. The aim is to establish proper institutional and regulatory procedures for Tunisia.
Road Structures Finance & Funding

Related Content

  • World Bank finances Uzbekistan road development
    July 7, 2015
    The World Bank will grant Uzbekistan a US$200 million loan for 25 years, including a grace period of five years. The funds will go towards the $240 million Regional Roads Development project that is scheduled to be completed by 2021, according to UzDaily.uz. Uzbekistan’s government also reported that around 117km roads were built in the first half of this year.
    Read More
  • Ecuador: Road contracts to World Bank blacklisted firm
    June 1, 2012
    Ecuador’s Ministry of Transport and Public Works (MTOP) has signed a contract with World Bank blacklisted China Road and Bridges Corp (CRBC) to carry out road projects worth a combined US$55.52million. CRBC has been blacklisted by the World Bank since January 2009 for acts of corruption in the Philippines. It means CRBC cannot enter any tenders which involve WB funds until 12 January, 2017. CRBC will also take part in the Manta port tender, which will be awarded in January 2013.
    Read More
  • Serbia road funding being delivered
    January 3, 2017
    A loan of €178 million will pay for the Surcin-Obrenovac highway project in Serbia. The loan for the work is being provided by China’s Export-Import Bank. The financing deal has been agreed between the Serbian Government and the Chinese bank. When Chinese sources deliver funding for road projects, a usual stipulation of the agreement is that the main contracting work should be carried out by a Chinese firm. However, the names of the company or companies that will be involved in the road construction have ye
    Read More
  • Tunisia road rebuild with BOMAG machines
    October 29, 2018
    Machines from BOMAG have played an important role in the rebuilding of an important road link in Tunisia
    Read More

Highlighted Content