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

  • The tender process will open shortly in Bolivia for a key highway connection
    October 8, 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
  • Philippines project finding funding
    December 20, 2017
    Road in the area around Mindanao in the Philippines will benefit from the provision of a loan worth US$380 million. This funding package is being supplied by the Asian Development Bank (ADB). The loan will be used for the Improving Growth Corridors in Mindanao Road Sector project. This is intended to improve and upgrade up to 280km of roads in the area. A further $123 million is being provided by the Philippines Government for the work, which will cost $503 million in all.
    Read More
  • Loan helping fund Slovenian highway project
    June 18, 2015
    The European Investment Bank (EIB) is providing a loan worth €145 million that will help fund a key highway project in Slovenia. The loan is being given to the Slovenian state highway company DARS for the project to construct a 13km section of the Drazenci to Gruskovje highway. The total cost of the project is €303.4 million. The remainder of the financing required is being provided jointly by the EU and Slovenia itself. Construction work on the project is due to commence in 2015 and continue until mid-2018
    Read More
  • Bangladesh airport link project
    November 3, 2017
    A new highway is planned in Bangladesh that will improve transport links to Dhaka’s airport. The route will run between Ashulia on the north-eastern side of the Bangladesh capital and Hazrat Shahjalal International Airport. The construction project is intended to boost trade and transport and is expected to cost US$2.06 billion. The Bangladesh Government is giving its approval for the project and will provide $725.3 million of the financing required from its own budget.
    Read More

Highlighted Content