AfDB lends Tunisia €104m to implement road modernization project
The African Development Bank, AfDB, has approved the allocation of €104 million to Tunisia for the implementation of the 2nd phase of the Road Infrastructure Modernization Program (PMIR II).
The Abidjan-based financial institution is a press release said the program seeks to establish an efficient and sustainable transport system capable of developing intra- and inter-regional trade. It is meant to ensure greater accessibility to priority regions and the country’s main development centers in order to support growth and provide propitious conditions for youth employment.
The project the bank also stressed seeks to rehabilitate and upgrade over 230 kilometres of classified roads in the governorates of Gafsa, Kairouan, Kasserine, Sidi Bouzid and Siliana.
In addition, it will, the bank further noted, contribute to the periodic maintenance of 1,000 kilometers of roads, part of which will be carried out by 80 microenterprises created for this purpose. It will also support the development of a 2×2 lane road on the RN2 linking Enfidha to Kairouan.
The execution will create nearly 1,800 new jobs will be created.
PMIR II according to the statement is part of the Bank’s Ten-Year Strategy 2013-2022, which is intended to lay the foundations for sustainable and inclusive growth on the continent.
AfDB supported as of 30th November 2021 hundreds of projects in the North African country in several areas including health, social development, water, agriculture and energy, for a total of €1.8 billion.