Week: 2024-09Print Edition: 2024-SARAEdit Article
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Saudi Fund for Development Signs a New Development Loan Agreement to Support the Transport Sector in Tunisia

Saudi Fund For Development Signs A New Development Loan Agreement To Support The Transport Sector In Tunisia

The project will help renew approximately 190 km of the railway network, to support increasing the capacity for transporting phosphate, and contribute towards Tunisia’s economic growth.

This agreement marks a significant step forward in improving Tunisia’s infrastructure for transportation.

Since 1975, SFD has financed 35 development projects and programs in Tunisia, worth over USD 1.3 billion, to support the country’s key developmental sectors, including social infrastructure, transportation and communication, energy, and rural development.

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Saudi Fund for Development Invests in Tunisia's Transport Sector with $55 Million Loan
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The Saudi Fund for Development signs a $55 million development loan agreement to support Tunisia's transport sector, focusing on renewing 190 km of the railway network for phosphate transportation. This strategic investment aims to boost Tunisia's economic growth, create jobs, and alleviate road traffic congestion.
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  • Tunisia
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The Saudi Fund for Development has committed USD$55 million to enhance Tunisia’s transport sector, focusing on the renewal of 190 km of railway for phosphate transport. This investment is a significant step towards boosting Tunisia’s economic growth and reducing traffic congestion.

#SaudiFundDevelopment #TunisiaTransportSector #EconomicGrowth #railway #phosphate

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