VOL. XLV

No 22

3-June-2002

TUNISIA

EIB Agrees 20Mn Loan To Tunisian Cement Sector

TheEuropean Investment Bank (EIB) is to lend 20mn to CimentsArtificiels Tunisiens (CAT)to modernize and expand its cement plant in the Southern Greater Tunis area.CAT was privatized in 2000 and was bought by the Italian company Colacem, which is part of the GruppoFinanco. The current EIB investment project, due tobe completed in 2004, will improve the efficiency of the Tunis plant byreducing operating costs and...