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Tuesday 15 June 2021
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Arab FDI target Tunisia

Despite the global economic crisis, Tunisia continues to attract foreign investors.

Arab investors who are behind some of the country’s mega projects have pledged to honor their commitments, said Mr Foued Daghfous , first Advisor to the President of the Republic and the head of the high commission for great projects, during a meeting organized by the national chamber of women entrepreneurs in Tunis, on Tuesday.

Among the mega-projects currently underway in Tunisia, Mr Daghfous mentioned the “Gateway to the Mediterranean”, “Tunis Sports City” and the “Tunis Financial Harbor”.
He also mentioned projects which were the object of signed memoranda which include Ariana’s “Bled El Ward”, “Tunis Telecom City” and other tourist and housing mega projects such as those of Mahdia, Tozeur, Haouria and in Northern Tunisia.

Foreign investors’ revenues in Tunisia are totally exonerated from taxes and social security charges, he said.
The meeting which was held on the theme: “Tunisia gateway of Arab investment”, stressed the importance of strengthening Arab cooperation as well as boosting he Arab Maghreb Union.
During the meeting a study by the international consulting firm “Ernst and Young “, was also evoked by the firm’s director for Tunisia, Mr Noureddine Hajji.

The study shows that the economic crisis can represent an opportunity for emerging nations, as shown by the firm’s conclusions that one third of the 500 hundred major enterprises in the world will stem from emerging countries, but not only from Brazil, China, Korea or Mexico


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