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Tunisia: 2nd regional development fund to be created in 2016

Director General of the “Caisse des Dépôts et Consignations” (CDC) said, Thursday in Sfax, a second regional development fund will be created in 2016, with a budget of 50 million dinars.

During a meeting held under the theme “franchise contracts”, held as part of Enterprise Days (November 25 and 26, 2015 in Sfax), the official said “this fund will provide financial support and coaching to small developers and strengthen private initiative “.

Interventions of the fund will cover all small and medium projects in all regions of the country.

The Directorate General of CDC had created in 2014 a regional development fund to boost investment in regions.

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