Saudi signs $38 million development loan for Tunisia’s Oasis Hub Project

Saudi signs $38 million development loan for Tunisia’s Oasis Hub Project
Source: Saudi Press Agency /Caption: Tunisian Prime Minister Sarra Zaafrani Zenzri receives Saudi Fund for Development Chief Executive Officer Sultan Al-Marshad in Tunis on Saturday.

The Saudi Fund for Development (SFD) has agreed a $38 million loan with Tunisia, to finance the Oasis Hub Project in the southern part of the country, according to Saudi media. The Oasis Hub Project hopes to reclaim more than 1,000 hectares of agricultural land across various regions of Tunisia. The project includes the expansion of rural villages and their infrastructure, as well as over 285 new housing units for residents.

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