Manama:The Saudi Fund for Development (SFD) signed a development loan agreement with Dr. Samir Abdelhafidh, Minister of Economy and Planning of Tunisia, to finance the establishment of an Oasis Hub Project in southern Tunisia.
According to Bahrain News Agency, the Oasis Hub Project aims to support sustainable rural development through the reclamation of more than 1,000 hectares of agricultural land across various regions of Tunisia. The project includes the drilling and equipping of 22 wells, the expansion of rural villages and their infrastructure, and the construction of over 285 housing units for local beneficiaries, according to the Saudi Press Agency (SPA).
Additionally, the project will enhance the region's infrastructure by building roads, pipelines, and networks for potable and irrigation water, while also supporting the development of educational institutions, agricultural facilities, and cultural, social, and commercial centres. These efforts aim to improve the quality of life and stimulate economic and social growth in Tunisia's southern governorates.