EIB TO FINANCE NEW TUNISIA INTERNATIONAL AIRPORT

BY KEITH NUTHALL THE EUROPEAN Investment Bank (EIB) is developing plans to finance the construction of a new airport at Enfidha, in north eastern Tunisia. It could lend Euro 150 million of a total project cost of Euro 550 million to a special purpose company established for a 40-year concession to operate the airport: TAV Tunisie SA, created by Turkish sponsor TAV Havalimanlari Holding. The airport would serve the key coastal tourist zone between Tunis and Monastir. An EIB note said it would "contribute to improved transport infrastructure by expanding ...


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