ZCZC
BCN-25
KUWAIT-TUNISIA-FINANCE-DEAL
Kuwait signs deal to finance construction of agricultural roads in Tunisia
TUNIS, Dec. 26, 2018 (BSS/Xinhua) – Kuwait on Tuesday signed a financing
agreement worth 98.5 million U.S. dollars to help build 148 agricultural
roads in Tunisia.
The deal was inked between Zied Laadhari, Tunisian minister of development,
investment and international cooperation, and Abdulwahab Ahmed Al-Bader, head
of Kuwait Fund for Arab Economic Development, the Tunis Afrique Press
reported.
Under the deal, Kuwait will finance the construction of 148 agricultural
roads spreading over 912 kilometers in 22 Tunisian provinces.
“The implementation of the project starts in early 2019 and ends by 2022,”
said Laadhari on the sidelines of the signing ceremony.
“The project aims to contribute to supporting the social and economic
development plans and projects in rural areas while linking them to the
national road network,” Laadhari said, adding that these roads will help
Tunisian farmers to transport their products to markets and improve their
living conditions.
BSS/XINHUA/HR/1500