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

  • Trans-Sahara highway upgrade project complete
    May 8, 2018
    Work has now been completed on Algeria’s upgrade of its 1,600km of the Trans-Sahara highway route.
  • Brunei sees increased road deaths
    January 4, 2016
    Road crashes in Brunei caused more deaths in 2015 compared with 2014. The data from Brunei's Fire and Rescue Department shows that from January to November 2015, there were 15 road deaths compared with 10 fatalities from road crashes in 2014. In the period under review, the department obtained 76 calls to assist in lifting drivers and passengers trapped in ruined vehicles as opposed to 92 calls obtained in the preceding year. Serious injuries, however, dropped year-on-year from 92 to 65 in the 11 reporting
  • Bidding for highway in Tunisia
    June 28, 2012
    Bidding is opening on a major new highway project in Tunisia. The country’s works ministry is launching an international call to tender for construction of the 180km highway linking Gabès, Médenine and Ras Jedir. Work is expected to last three years and will create 2,000 jobs. The project, which will be completed at the beginning of 2017, is expected to cost over US$631 million in total. The Gabès-Médenine stretch is expected to cost $ 347 million and will be financed by the Tunisian State and the Japanese
  • IRF chairman receives International Medal of Honour
    June 8, 2012
    Saudi Arabia deputy minister of transport and International Road Federation (IRF) chairman, His Excellency Abdullah Al-Mogbel, was presented with the coveted International Medal of Honour by the chairman of the Spanish Road Association at a recent ceremony in Madrid. The Medal pays tribute and gives public recognition to individuals whose careers have been closely related to the development of safe and efficient road infrastructure worldwide. Since its creation nearly fifty years ago, the Medal has been pre