Public Management

Tunisia plans to invest $22 mln to reform its transport sector by 2040

Tunisia plans to invest $22 mln to reform its transport sector by 2040
Wednesday, 01 May 2019 19:25

Tunisia wants to invest about $22 billion in its transportation sector in the next ten years. According to Xinhua that announced the plan on May 1, 2019, citing the country’s transport minister Hichem Ben Ahmed (photo), this is to reform the sector.

Presenting the study for a national master plan for the transport sector by 2040, the official indicated that the railway sub-sector would capture most of the planned investments. He explained that in the master plan, 19 projects were dedicated to the railway subsector for TND28 billion ($9.2 billion).

Road infrastructures come at the second place with 18 projects, followed by the port (6 projects) and airport (4 projects) sub-sectors. The maintenance of existing infrastructures should capture about $4.5 billion.

For the time being, there are no details about the funding sources for such projects. However, thanks to the new master plan whose study was co-funded by the AfDB, the government expects to address the “dysfunctionality and poor services of some transportation modes” to ensure “effectiveness and durability”.

Moutiou Adjibi Nourou

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Egypt receives $3.5 billion initial payment from Qatar-backed coastal project Deal targets Mediterranean real estate and tourism...
GTCO wins CBN and SEC approval for 10 billion naira private placement Fundraise aims to meet holding company prudential capital...
Togo parliament approves 2026 budget at 2,751.5 billion CFA francs Budget rises 12.93% from revised 2025 spending levels Measures include...
Creditinfo licensed to operate credit bureau across six CEMAC countries Bureau to collect borrower data, expand regional credit information...
Most Read
01

The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...

AES Launches Confederal Investment Bank: A Strategic Pivot Toward Sahelian Financial Sovereignty
02

Kenya’s CMA licensed Safaricom and Airtel Money as Intermediary Service Platform Providers (ISPPs)...

Safaricom and Airtel Money Licensed to Facilitate Capital Markets Access in Kenya
03

Nomba brings Apple Pay to 300k Nigerian shops. Following Paystack, this "second row" move enables ...

Beyond Online Checkouts: Apple Pay Finds a Second Row into Nigeria via Nomba
04

NALA has secured PSP and PSO licenses from the Bank of Uganda, adding to its 2024 Money Remittance...

NALA Secures Triple Licensing in Uganda, Accelerating East African Fintech Expansion
05

The Gates Foundation and ADQ launched a four-year initiative to transform education in sub-Saharan...

Gates Foundation, ADQ Invest $40M in AI for African Education
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.