Tunisia investing $5.5 billion in high-speed train
19 August 2010
Tunisia has just announced its intention to invest 5.5 billion Dollars in developing a high-speed railway line which will link its territory to Libya Morocco, and Algeria.
The investment, which will be spread over the next ten years, will be used to finance 780 kilometres of high-speed railway track on the “Trans-Maghreb” line, via Casablanca, Algiers, Tripoli, and Tunis.
The Secretary of State for Foreign Trade, Chokri Mamoghli, quoted on the African Manager information site, has stated that “the Maghreb has a priority part to play in the transport sector, serving as the bridge between Africa and Europe and the Mediterranean.”
In Algeria, the company Telvent announced in a press release at the beginning of the week that it had concluded a contract for the installation of a computer system to manage the future Oran tramway, which will go into service in 2011.
The system will manage the interaction between road traffic and the tramway, in such a way as to reduce delays and energy consumption.