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.
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