Japan grants Tunisia credit for construction of seawater desalination plant in Sfax

BGMN

A loan credit worth 36,676 million yen, about 780 million dinars (MD), was granted to Tunisia by Japan to build a sea water desalination plant in Sfax.

This credit, granted to the National Water Supply and Distribution Company (SONEDE), will be repaid over 25 years, 7 years of which are grace period with an interest rate of 1.7%.

 The loan agreement was signed by Secretary of State to the Foreign Minister Sabri Bachtobji, Japan’s State Minister for Foreign Affairs Kentaro Sonoura and the representative of the Japan International Co-operation Agency (JICA) on the fringes of the 9th joint Tunisian-Japanese Commission held Friday in Tunis.

This project, due to end in 2020, will contribute to reinforce the capacity and quality of drinking water distribution by helping SONEDE provide 100,000 tons of additional water in a first stage to the region of Greater Sfax, the second largest city in Tunisia. This project will benefit one million inhabitants in the governorate of Sfax.

The 9th Joint Tunisian-Japanese Commission discussed bilateral and partnership relations binding the two countries, notably in investment, renewable energy, tourism and information and communication technologies fields.

TunisianMonitorOnline (MNHN)

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