The Islamic Development Bank has agreed to finance a significant portion of the road project connecting Tunis to Kef, according to Tunisian Minister of Economy and Planning, Samir Abdel Hafiz. The project is part of the government's efforts to improve transportation links between Tunis and the western region of the country. The project is expected to boost economic growth and facilitate trade.
The road project is a key component of the government's development plan for 2026-2030, which outlines the country's economic and social development goals. The plan includes a range of initiatives aimed at promoting economic growth, reducing poverty, and improving living standards. The road project is expected to play a critical role in achieving these goals by improving access to markets, services, and employment opportunities.
The project involves the construction of a highway connecting Tunis to Kef, a distance of approximately 150 kilometers. The highway is expected to reduce travel times between the two cities and improve road safety. The project is also expected to have a positive impact on the environment by reducing congestion and emissions.
Minister Abdel Hafiz stated that the government is working to finalize the financing agreement with the Islamic Development Bank, with the aim of signing the agreement in 2027. The government is also working to ensure that the project is implemented in a timely and efficient manner, with minimal disruption to local communities.
The road project is part of a broader effort to develop Tunisia's transportation infrastructure and improve connectivity with neighboring countries. The project is also expected to have a positive impact on regional development, by improving access to services and markets for communities in western Tunisia.
The Islamic Development Bank's decision to finance the project reflects the bank's commitment to supporting economic development in Tunisia and promoting regional integration. The bank has a long history of supporting development projects in Tunisia, and its financing is expected to play a critical role in the success of the road project.
The project is expected to be completed within the next few years, with the exact timeline to be determined by the government and the Islamic Development Bank. The project will create jobs and stimulate economic growth in the region, and will also improve the quality of life for local communities by providing better access to services and opportunities.
Key points
- The Islamic Development Bank has agreed to finance a significant portion of the road project connecting Tunis to Kef.
- The project is part of the government's development plan for 2026-2030, which outlines the country's economic and social development goals.
- The project is expected to have a positive impact on regional development, by improving access to services and markets for communities in western Tunisia.
