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

  • Road projects for India’s Karnataka State and Maharashtra State
    September 6, 2018
    New road projects are being planned for India’s Karnataka State and Maharashtra State. A US$228.56 million contract has been awarded to Sadhbav Engineering for the Nagpur-Mumbai Super Communication Expressway. The route will be access-controlled and the deal was awarded by the Maharashtra State Road Development Corporation.
    Read More
  • Zambian road funds found
    February 7, 2012
    Zambia's Ministry of Works and Supply is budgeting US$273.24 million for its 2010 roads budget. Meanwhile a further $500 million is required for upgrades and maintenance of roads that have been damaged already.
    Read More
  • Financing found to fund building Bosporus Bridge
    September 9, 2013
    A group of seven banks is to fund the construction of the third Bosporus Bridge crossing in Turkish commercial centre Istanbul. A group of six Turkish banks, Garanti Bankasi, Halk Bankasi, Is Bankasi, Vakiflar Bankasi, Ziraat Bankasi, and Yapi Kredi Bankasi, is being joined by the Netherlands-based Garantibank International to provide the necessary US$2.3 billion of funding required for the project. A joint Italian-Turkish consortium comprising Astaldi and IC Ictas will build the bridge, which will reduce c
    Read More
  • Mauritania-Algeria road project planned
    July 26, 2022
    A new road project is planned to connect Mauritania and Algeria.
    Read More

Highlighted Content