AfDB commits 137 million Euros for Tunisia-Libya motorway

TUNIS (TAP) – The African Development Bank (AfDB) approved, during a meeting of its Board of Directors held on June 21, a loan of 137.34 million Euros for Tunisia to finance a motorway project linking Gabes to Ras Jedir.

The loan was granted to the “société Tunisie Autoroutes” (Tunisia Highways Company).

The overall project involves the construction of 195 km road 2×2 between Gabes and Ras Jedir (Tunisian-Libyan border), said a statement of AfDB. The project is also financed by the Japan International Co-operation Agency (JICA) with a loan…read more

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