According to bank provided information, the project involves the purchase of wheat on international markets as permanent working capital required for operating the foreseen new storage capacities. Allocation under the Framework Loan "Strengthening Tunisia Food Resilience" (2022-0488)."
The project is the first allocation under the parent operation. The allocation will support building the country's strategic grain reserves by financing the purchase of milling wheat for permanent working capital directly linked to the expansion and rehabilitation of storage capacity in port silos that will benefit from EIB financing. The operation contributes to the country's food security and consequently to the delivery of public goods in terms of public health and social stability in the region. It is aligned with the Tunisian strategies and the objectives of the Food and Resilience Facility of the EU.
*Contact information not provided at the time of disclosure*
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