Middle East Economic Survey

VOL. XLVII

No 49

6-December-2004

INFRASTRUCTURE

ADB Grants Tunisia 165Mn Loan For Road Development

The African Development Bank (ADB) announced on 24 November that it has granted Tunisia a 165mn loan to finance the upgrading of a 1,256km-long road network. The Classified Road Network Rehabilitation Project-Phase IV aims to promote the development of intra- and inter-regional trade by reducing transport costs through increased road capacity. In 1997-2001, a total of...