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المساء
Public banks aid transporters in fleet renewal
Six public banks have introduced a new financing scheme for collective passenger transport professionals, allowing them to obtain bank loans covering up to 90% of the cost of purchasing new buses. The goal is to accelerate the renewal of the transportation fleet and improve service quality and safety for citizens. This financing, available in both traditional and Islamic formats, allows for repayment over 10 years with a six-month grace period. It also encourages the retrieval and dismantling of old buses to make use of their components. This measure is part of the government's decision to phase out transport vehicles over 25 years old and to import 10,000 new buses in order to support and modernize the sector.
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