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
SMEs drive up to 40% of GDP and most jobs but face regulatory and financial constraints Power shortages and limited access to finance remain major...
BOA Niger warns net profit to drop 92% in 2025 Decline driven by high provisions amid rising non-performing loans Sanctions and weak lending...
Togo minister opens talks with private sector to boost growth Businesses cite financing gaps, debt, and energy costs as...
British International Investment and Deutsche Bank launch a $150 million facility to support trade finance across Africa. The program...
Most Read
01

Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...

Togo Passes Law to Criminalize Counterfeiting of West African CFA Franc
02

Since its 2019 IPO, Airtel Africa paid Deloitte over $37 million in audit and non-audit fees,...

Airtel Africa and Deloitte: A Seven-Year Relationship, $37 Million in Fees and a Planned Handover
03

CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...

Strengthening the Business Climate in WAEMU Countries: CCR-UEMOA Reviews Its Midterm Record
04

World Bank announces $137 million to boost West Africa digital economy Program expands broad...

Benin, Liberia and Sierra Leone Receive $137M to Expand Digital Access for 5.2 Million People
05

ECOWAS is proposing a regional digital platform for passengers to file and track complaints online...

ECOWAS Considers Regional Platform to Enforce Air Passenger Compensation
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.