Middle East Economic Survey

VOL. LIII

No 43

25-Oct-2010

TUNISIA

STEG Secures 185Mn EIB Loan To Expand Tunisian Electricity Grid

The Tunisian Electricity and Gas Company (STEG) and the European Investment Bank (EIB) signed a loan agreement worth 185mn on 15 October to provide funding for upgrading Tunisias power grid. The aim is to meet rising electricity demand in Tunisia, consolidate and widen the electricity distribution network and improve distribution of energy from new power stations,...