EIB and EBRD launch four calls for tenders for the upgrading of the Tunis Metro

EIB and EBRD launch four calls for tenders for the upgrading of the Tunis Metro

The two financial institutions will jointly finance the renewal of 18 Transtu metro trains, with loans of €45m ($50m) each. They will launch calls for tenders in early 2020 and are also interested in the capital’s light rail system.

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            ▪ EIB and EBRD launch four calls for tenders for the upgrading of the Tunis Metro

▪ The two financial institutions will jointly finance the renewal of 18 Transtu metro trains, with loans of €45m ($50m) each. They will launch calls for tenders in early 2020 and are also interested in the capital’s light rail system.

https://www.africabusinessplus.com/en/801844/quatre-appels-doffres-lances-par-la-bei-et-la-berd-pour-le-renouvellement-du-metro-de-tunis/

The EIB and EBRD, led by Werner Hoyer and Sir Suma Chakrabarti respectively, will use the funds to renew the rolling stock on the line between Tunis and La Marsa in the northern suburbs. This line, whose infrastructure had already been renovated by the government in 2006 with the support of the EIB as well as the French Development Agency (AFD), is experiencing a decline in passenger numbers. “It was a logical step to renew the trains which were no longer up to standard,” explained Abdelaziz Chaouachi, Principal Banker at the EBRD‘s Tunis office.

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