Skip to main content

Kuwait fund KFAED to contribute to greater Tunis X20 ring road

The Kuwait Fund for Arab Economic Development (KFAED) is to contribute US$28.5 million towards the X20 ring road of greater Tunis, according to a report in L'Economiste Maghrébin. An agreement was signed on 17 March between Yassine Brahim, the Tunisian minister for development, investment and international cooperation, and Ahmed Al Badr, the managing director of KFAED. World Highways reported in June 2013 that the government was moving ahead with plans for the 80km ring road expected to cost around $365 mil
March 18, 2015 Read time: 2 mins
RSSThe 1006 Kuwait Fund for Arab Economic Development (KFAED) is to contribute US$28.5 million towards the X20 ring road of greater Tunis, according to a report in L'Economiste Maghrébin.

An agreement was signed on 17 March between Yassine Brahim, the Tunisian minister for development, investment and international cooperation, and Ahmed Al Badr, the managing director of KFAED.

World Highways reported in June 2013 that the government was moving ahead with plans for the 80km ring road expected to cost around $365 million. Tunisia is being connected to the new North African highway, which will run 5,600km from Morocco to Egypt.

Tunisia, like many North African nations, has a comparatively high accident rate on its roads. The capital Tunis featured the largest number of road crashes, followed by Ariana, Manouba, Ben Arous, Sousse, Bizerte, and Nabeul. Driver inattention was listed as a major cause of crashes and the number resulting from this problem increased 9.5% in the first four months of 2013.

For more information on companies in this article

Related Content

  • Bahrain: work to start on Shaikh Jaber Al Ahmed Al Sabah Highway
    August 5, 2015
    In Bahrain, upgrade work on the Shaikh Jaber Al Ahmed Al Sabah Highway will start in August. Under the US$124 million contract, a two-level interchange is proposed for the Nuwaidrat roundabout, while the Alba roundabout will be transformed into the country’s first three-level interchange. The project is scheduled for completion by August 2018. Work is being carried out by Kuwait Constructions, Abdulla Ahmed Nass & Works and the Bahraini Minister of Municipalities & Urban Planning Affairs. Kuwait is
  • Tunisia’s new Bizerte Bridge
    August 27, 2024
    €245 million for Tunisia’s new Bizerte Bridge.
  • Times they are a changing
    July 23, 2012
    Construction in China still appears to be on course for growth even with the gloomy economic outlook, as it enjoys "a strong budgets position." Patrick Smith reports One thing is certain in the current global economic climate: nothing is certain. And while China has not been unaffected by the economic events of recent months it has, according to Robert Zoellinck, president of the World Bank, a very strong current account and budgetary position. For some years, the nation has enjoyed double digit growth (the
  • Progress for Trans-Sahara road route
    March 8, 2023
    Progress is being seen for Trans-Sahara road route stretch in Niger.