VOL. XLV

No 29

22-July-2002

TUNISIA

EIBLends Tunisia 150Mn For Electricity Network Upgrade

TheEuropean Investment Bank (EIB) announced on 5 July it is lending 150mn to Tunisia for the upgrading of its electricity transmission network. The fundsare going to Société Tunisienne de lÉlectricité et du Gaz (STEG) for capitalexpenditure on more than 70 sub-projects spread across Tunisia. The financing is forhigh-voltage overhead lines and underground cables; conventional and metal-cladhigh-voltage...