Loan benefiting Tunisian highway connection

Construction work on a highway link in Tunisia will be funded by a 22 year loan being provided by the Arab Fund for Social and Economic Development (FADES).
February 29, 2012 Read time: 1 min
Construction work on a highway link in Tunisia will be funded by a 22 year loan being provided by the 3409 Arab Fund for Social and Economic Development (FADES). The US$138 million loan will be used by Tunisian roads body Société 3410 Tunisie Autoroutes (STA) to finance a portion of the work on the $312.4 million tolled highway project linking Zarga (Béja) and Bousalem (Jendouba). The project will include building and surfacing a 54km stretch, providing connection to neighbouring towns, constructing overpasses and toll stations. There is a five year grace period on the loan, and the interest rate stands at 3%/year.
Highway & Network Management Road Structures

For more information on companies in this article

Related Content

  • $183 million for Tunisian road project
    April 22, 2025
    A new Tunisian road project will cost an estimated $183 million.
    Read More
  • Paraguay tender process opening for bids
    March 22, 2017
    Paraguay is opening the tender process for construction work on the Alberdi-Pilar road. The tender is being handled by Paraguay’s Ministry of Public Works and Communications (MOPC). Work on the 96km route will include surfacing and the project is expected to cost just over US$131 million. Financing is being provided in the form of a loan from Fonplata. The project will include building six bridges measuring a total of 2.3km, as well as installing hard shoulders and drainage along the route. The work will be
    Read More
  • Major highway improvement project on track in Colombia
    February 29, 2016
    In Colombia plans are now in hand for a major highway improvement project. Concesión Pacífico Tres is joint concession operator of the tolled links for Colombia’s major commercial regions connecting with the Pacific port hub. US firm Milbank, Tweed, Hadley & McCloy has provided advice to Colombian Concessionaire Concesión Pacífico Tres SAS and its sponsors, MHC Ingeniería y Construcción de Obras Civiles and Construcciones El Cóndor, and Costa Rica’s infrastructure company Constructora MECO. The advice was
    Read More
  • Tunisia’s $257 million Bizerte Bridge
    June 23, 2025
    Construction work is underway for Tunisia’s $257 million Bizerte Bridge project.
    Read More

Highlighted Content