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Tunisia - Gabes-Medenine-Ras Jedir Highway Construction Project - Medenine-Ras Jedir Section

Sector: Commercial • Location: Tunisia

Source: African Development Bank (AfDB)

Project

This project consists in the construction of the Gabes-Medenine-Ras Jedir highway link, for a total cost of EUR 454.78 million. It is co-financed by the Bank with a EUR 137.34 million loan, the Japanese International Cooperation Agency, with a EUR 136.47 million loan which is already approved, and the Tunisian Highways Corporation/Tunisian Government, with a contribution amounting to EUR 180.97 mi

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Project Information

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The project “Tunisia - Gabes-Medenine-Ras Jedir Highway Construction Project - Medenine-Ras Jedir Section” is an infrastructure initiative in the Commercial sector, located in Tunisia. Taiyo aggregates data on it from African Development Bank (AfDB).

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Description

Description

This project consists in the construction of the Gabes-Medenine-Ras Jedir highway link, for a total cost of EUR 454.78 million. It is co-financed by the Bank with a EUR 137.34 million loan, the Japanese International Cooperation Agency, with a EUR 136.47 million loan which is already approved, and the Tunisian Highways Corporation/Tunisian Government, with a contribution amounting to EUR 180.97 million. Specifically, the project includes the construction of 195.020 km of a 2x2 lanes highway between Gabes and Ras Jedir (LibyaTunisian border). The ADB loan will be used specifically to finance the construction of the Medenine-Ras Jedir section. The project’s processing has started in November 2010, is part of Tunisia’s 11th Social and Economic Development Plan, and was confirmed by the Tunisian Government after the Revolution. It will contribute to the Tunisian Government’s priority programme put in place in the wake of the Revolution and which notably aims at reducing regional disparities by unlocking isolated rural areas and curbing unemployment, especially among the youth.

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High

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100%

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