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

  • Loan funding Gabon projects
    January 13, 2016
    Gabon is to benefit from loans that will help pay for two key infrastructure projects. One project is for a new highway that will improve transport connections between a number of towns and capital Libreville. The other project is for the construction of a new port facility at Owendo. The loan facility is worth US$125 million and is being provided by the Development Bank of Central African States. In all the projects will cost $200 million to carry out with the work on both planned for completion during 201
    Read More
  • Bangladesh highway development project for trade corridor
    October 27, 2017
    Funding worth US$1.2 billion will help pay for the stage two portion of the project to upgrade the Northwest Trade Corridor project in Bangladesh. The highway will improve transport connections to and from Dhaka, with stage two being for the 190km stretch between Elenga and Rangpur. This funding is being provided by the Philippines-based Asian Development Bank (ADB), although further financing from the Bangladesh Government will pay for the remaining $472.6 million required for this highway section.
    Read More
  • Bolivian link
    November 27, 2012
    A new road in Bolivia is planned to improve connections between Montero and Yapacani. A loan worth US$122 million for the project is being provided by the Inter-American Development Bank (IADB). Work on this four-lane road is being managed by Bolivia's road company ABC and the tender process is expected to open shortly. The 70km section of road will form part of the new Santa Cruz-Cochabamba highway. At present Bolivia's road network has a total length of 74,831km and this new highway project will help impr
    Read More
  • Kazakhstan road improvement – funding found
    May 21, 2018
    An important highway stretch in Kazakhstan will now be upgraded thanks to funding from the International Bank for Reconstruction and Development (IBRD). The US$490 million finance package comes in the shape of a loan and will be used to improve the highway connecting capital Almaty with Khorgos, which lies on the border with China. The 297km highway section will cost $576.5 million to upgrade in all.
    Read More

Highlighted Content