Construction of Saida and Kalaa Kebira Dams, and Related Water Conveyance Facilities
A loan agreement for KD 50 million was signed in Kuwait on the 26th of January 2016 to help finance the Construction of Saida and Kalaa Kebira Dams, and Related Water Conveyance Facilities.
The loan was signed by H.E. Mr. Salim Shaker, Minister of Finance, on behalf of the Government of the Republic of Tunisia, while H.E. Mr. Abdlatif Y. Al-Hamad, Director General/Chairman of the Board of Directors, signed on behalf of the Arab Fund.
The project aims at covering the expected deficit in drinking water of Grand Tunis (Tunis, Ariana, Ben Arous and Manouba Provinces), the Sahel (Sousse, Monastir and Mahdia Provinces) and the Cap Bon (Nabeul Province) regions, and meeting their need for water up to the year 2030. The project also aims at reducing the existing deficit in drinking water in Sfax province, through the storage of part of the water from the upper northern region of the country in the Saida and Kalaa Kebira dams, and its conveyance the water treatment plants. The project will contribute to the provision of additional amounts of water for irrigation purposes in the Cap Bon, secure a drinking water reserve for the regions benefiting from the project, and also contribute to the reduction of the salinity of the water that is distributed and to the reduction in the depletion of groundwater resources currently used.
The project includes the following main components:
1- Construction of Saida and Kalaa Kebira Dams.
2- Water conveyance Facilities Related to the Dams.
3- Water conveyance Facilities from Saida Dam to Beli Tank.
4- Technical Services.
The loan will carry interest at 3% per annum, and will be repayable over 22 years including a 6-year grace period.
The Ministry of Agriculture, Water Resources and Fisheries will be the beneficiary of the loan, and will be responsible for implementing the project.
With the signing of this loan, the Arab Fundís total contribution to financing projects in the Republic of Tunisia now amounts to KD 865.78 million.