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

  • Kosovan highway ahead of schedule
    April 25, 2012
    In Kosovo, work is pushing ahead of schedule on the Route 7 highway to link capital Pristina with the Albanian border. Sections of the 120km highway have been opened, one year ahead of schedule. An official opening of several sections of the highway has been carried out by Kosovan leaders, including Prime Minister Hashim Thaçi, President Atifete Jahjaga, and members of Parliament, along with Albanian Prime Minister Sali Berisha and US representatives Eliot Engel (D- NY) and Gary Peters (D-MI) joined thousan
    Read More
  • Uzbekistan toll road being planned
    April 12, 2021
    Uzbekistan’s first toll road is being planned.
    Read More
  • New bridge over Nile will help landlocked Uganda
    April 3, 2013
    A new River Nile bridge is essential to boost trade and improve traffic in landlocked Uganda. Shem Oirere reports A new bridge across the River Nile at Jinja, to be constructed by Uganda, is promising to boost trade in eastern Africa and pave the way for smooth and safe traffic in and out of this landlocked country. The bridge, also known as the Second Nile Bridge, is the first cable-stayed bridge in the region and will be constructed at Njeru, 80km east of the Ugandan capital Kampala, along the Kampala-Jin
    Read More
  • Major highway expansion programme continues in India
    November 16, 2012
    India’s massive highway expansion programme is continuing, boosting the country’s construction industry. The National Highway Authority of India (NHAI) awarded contracts for some 4,375km of roads in the first nine months of 2012, with the work worth an estimated total of some US$70 billion. With this strong construction sector, prospects are also good for the upcoming bC India construction equipment exhibition in February 2013 in Mumbai. This news is a welcome change following a slowing of new Indian road p
    Read More

Highlighted Content