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

  • EIB funds for Greek highway construction
    November 15, 2013
    The European Investment Bank (EIB) is throwing Greece a much-needed economic lifeline in the shape of a €550 million loan. The funding will be used to build new roads and repair existing links, as well as to invest in business. Some €350 million will be used for the construction of 239km of new highways, as well as upgrades to 434km worth of existing roads. The work is expected to help lift Greece’s struggling economy by providing new jobs, as well as encouraging business growth. The funding will help to re
    Read More
  • Tunisia’s massive highway expansion programme
    March 28, 2024
    Tunisia has plans for a massive highway expansion programme.
    Read More
  • Turkey’s latest landmark bridge securing funding
    March 23, 2018
    Turkey’s programme of bridge and highway building looks set to continue with a funding package for the 1915 Canakkale Bridge and Highway project being found. The bridge will span the Dardanelles Straits and the funding package is worth US$2.83 billion. The financing will come in the shape of a loan has been secured by a group of 24 banks and institutions from 10 countries in all. The loan calls for a 15 year repayment period. The bridge will be a constructed by a consortium, Canakkale Otoyol.
    Read More
  • Loan for highway in India’s Chhattisgarh State
    June 4, 2019
    A loan will help pay for a new highway project in India’s Chhattisgarh State. The US$350 million loan is being provided by the Asian Development Bank (ADB). In all the highway is expected to cost $521.7 million, with the remaining $171.7 million being provided by the Indian Government. The new highway is expected to boost trade and transport in the state.
    Read More

Highlighted Content