VOL. XLV

No 13

1-April-2002

TUNISIA

JBIC Approves 12.5Bn ODA Loan To Tunisia

TheJapan Bank for International Cooperation (JBIC) announced on 25 March that ithad approved a 12.5bn loan to the Tunisian state-owned SocieteTunisie Autoroutes (STA)for the finance of the el-Jem-Sfax motorway constructionproject. In a statement, JBIC said that the loan will finance civil works,services and consulting services for a 50km extension of the existing motorwaysouthward to Sfax, the second largest city in...