Republic of Tunisia
| Loan No: | 624 | Interest Rate: | 3.0 % |
| Beneficiary: | Ministry of Equipment, Housing and Spatial Planning | Grace Period: | 5 years |
| Project Cost: | KD 72.9 million | Maturity: | 22 years |
| Amount of Loan: | KD 50.0 million | Repayment: | 5 years following the first disbursement |
| Date of Board Approval: | - | First Installment: | 5 years following the first disbursement |
| Date of Loan Agreement: | 2015-10-09 | Date of Loan Effectiveness: | - |
Objectives:
The project aims at improving land transportation services and traffic safety on roads in most of the Tunisian governorates, linking agricultural production areas with markets and export facilities, and alleviating the isolation of rural areas. This will be achieved through the increase in the efficiency of the classified road network, and the construction and improvement of a large number of rural roads.
Description:
The project, which is expected to be completed by the end of 2017, includes the rehabilitation and strengthening of a large number of segments of the classified road network, and the construction and improvement of a large number of rural roads, in addition to technical services required for construction supervision and quality control. The project includes the following components:
- Development of the Classified Road Network: This includes the rehabilitation and strengthening of 38 segments of national, regional and local roads, with a total length of about 625 km, spread over 19 governorates. The works include coverage of all segments with an asphalt surface layer and rehabilitation of their shoulders, earthworks, crack treatment, strengthening of base layers, and construction of water drainage structures for some of the segments, in addition to ancillary works.
- Construction of Rural Roads: This includes the construction and improvement of 99 rural roads, with a total length of about 630 km, spread over 9 governorates. The works include earthworks, base layers, an asphalt surface layer, water drainage structures and ancillary works.
- Technical Services: This includes the provision of consultancy services to assist the Ministry in construction supervision and quality control of the works, in addition to the preparation of any additional studies that may be required for the project execution, and any modifications of the project design.
Financing:
The Arab Fund’s loan covers about 69% of the total project cost. The Tunisian Government will cover the remaining cost of the project and any additional cost that may arise.