finance & economy

Coastal Protection: funding contract of 18.5 million euros between KfW and APAL signed

November 29, 2021

(TAP) - A funding contract of 18.5 million euros (approximately 60.4 million dinars) was signed, Friday, at the headquarters of the Ministry of Foreign Affairs, Migration and Tunisians Abroad, between the German Development Bank (KfW) and the Coastal Protection and Planning Agency (APAL) for the Tunisian Coastal Protection Program IV (PPLT IV).

In a statement released by KFW, the PPLT is part of the Tunisian-German cooperation programme in the field of integrated water resources management in A bid to contribute to the adaptation to climate change. More particularly, it involves the protection of the coast against erosion of the coastal areas situated along South Sousse to Skanes. It also involves the northeastern coastal area of Djerba and that of Béni Khiar in Yasmine Hammamet.

The goal of this 4th phase of the programme is to promote the ecological and economic enhancement of these coastal areas so as to improve the living conditions of the beneficiary population and increase resilience in the aforementioned areas against the harmful effects of climate change.

'The good results of the first two phases PPLT I and PPLT II achieved quickly such as in Rafraf and Sousse encourage us to further protect other Tunisian coasts,' said Portfolio Manager at KfW Sandra Wegner.

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