Tunisia receives $1.7 mln grant for trans-Maghreb railway
The planned railroad will link Tunisia, Algeria and Morocco
Multilateral development lender the African Development Bank Group has agreed to offer Tunisia a grant amounting to $1.7 mln to fund a feasibility study in Tunisia’s section of a planned transnational railway, the Arab Maghreb Union (AMU) chief said on Friday.
“The agreement will be signed soon by the AMU Secretariat and the AfDB,” Secretary-General Habib Bin Yahiya said during a council session, Tunisia’s state news agency TAP quoted him as saying.
“The funds will be used in financing the feasibility study of the Tunisian section of the planned trans-Maghreb railway,” he added.
Meanwhile, Algerian transport minister Amar al-Ghoul said his country has met its financial commitments to the 1,200km rail project.
The railroad, which is planned to link Tunisia, Algeria and Morocco, will have a “great impact on the movement of individuals and goods among our countries,” al-Ghoul affirmed.