Funding found for Tunisia road deal

Funding for a new highway project in Tunisia is being provided by the African Development Bank. The funding comes in the shape of a loan worth US$145.8 million. The new highway will be sited in the north of the country and its construction is expected to help develop transport and trade and to boost the country’s economy.
December 1, 2017 Read time: 1 min

Funding for a new highway project in Tunisia is being provided by the 1586 African Development Bank. The funding comes in the shape of a loan worth US$145.8 million. The new highway will be sited in the north of the country and its construction is expected to help develop transport and trade and to boost the country’s economy.

Finance & Funding

For more information on companies in this article

Related Content

  • New Honduras highway corridor
    September 24, 2014
    Construction is commencing on a new logistics corridor crossing Honduras that will connect the country’s Atlantic and Pacific coasts. Some US$271 million is being spent on the project so far. The highway will feature two lanes in either direction for all of its 391km length. The country aims to boost its economic presence in Central America through this project, which will also help stabilise its economy. The work will cut congestion in key urban areas along the route, as well as improving connections to th
    Read More
  • US$268 million for Vietnam highway stretch
    August 7, 2024
    A US$268 million funding package will pay for a key Vietnam highway stretch.
    Read More
  • Paraguayan plans
    April 7, 2014
    The authorities in Paraguay have agreed a funding package with the Latin American Development Bank (CAF) for a series of infrastructure projects in the country. The funding comes in the shape of a US$222 million loan and this is the first time that the CAF has approved funding of this size for the country. This will provide partial funding for the Programme for the Improvement of Integration Corridors and Road Reconstruction.
    Read More
  • Ghana strikes road funding deal with China
    December 13, 2018
    A funding arrangement has been agreed between Ghana and China to pay for road construction works. The package is for a US$646.6 million deferred payment deal. It has been set up with Sinohydro to cover an engineering, procurement and construction (EPC) contract. This will be for upgrade and improvement work for roads and interchanges. The package is the first in a series worth up to $2 billion that will pay for various major infrastructure projects in Ghana. One of the projects will include building a road
    Read More

Highlighted Content