EIB loans Tunisia $34 million to expand water access and tackle growing demand

EIB loans Tunisia $34 million to expand water access and tackle growing demand

EIB loans Tunisia $34 million to expand water access and tackle growing demand

The European Investment Bank (EIB) will lend Tunisia a total of €30 million ($34 million) to help improve access to drinking water and strengthen the country’s ability to adapt to climate change.The announcement came during a visit to Tunis by EIB Vice-President Ioannis Tsakiris on April 28 and 29.

The funding will support two separate loans. A total of €22 million will go to Tunisia’s national water utility, SONEDE, to complete a key project aimed at securing drinking water for Greater Tunis. The plan includes building a new treatment plant in Bejaoua, laying pipelines, and installing pumping stations and water tanks. The goal is to prepare for a projected 50% increase in demand by 2040.

For more information, please see https://www.ecofinagency.com/news-public-policy/2904-46703-eib-loans-tunisia-34mln-to-expand-water-access-and-tackle-growing-demand

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