ADB grants over 308 million dollars to Tunisian roads
20 September 2010
On September 15, the African Development Bank approved a loan of 308.7 million dollars to the Tunisian government as a contribution to the financing of a major road infrastructure renovation program.
It concerns the renovation of 862.8 km of roads and the reinforcement of 691.3 km of roads in Tunisia, according to a press release from the institution.
It also makes provision for the construction of 12 works of art, the provision of 759.4 km of rural tracks and the modernisation/splitting of 52.6 km of roads of the graded network.
Moreover, the APO press agency reports that on September 15 2010, the African Development Fund, the concessional window of the ADB, also approved a grant of 8.6 million dollars to finance the project to integrate the airspace of the Common Market for Eastern and Southern Africa (COMESA).
The aim is to improve air traffic navigation safety, by the progressive replacement of ground-based air radionavigation aids by a more effective satellite-based air navigation technology.