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Friday 17 September 2021
HomeNewsTunisia: AAAID considers funding USD 400-mln packaged olive oil production project

Tunisia: AAAID considers funding USD 400-mln packaged olive oil production project

The Arab Authority for Agricultural Investment and Development (AAAID) is considering funding an important project for the production, processing and export of packaged olive oil with a total value of $ 400 million that will generate nearly 2,500 jobs, announced AAAID President Mohamed Bin Obeid Al-Mazroui.

At a meeting with Minister of Development, Investment and International Cooperation Mohamed Fadhel Abdelkefi, the official announced AAAID’s participation in the International Investment Conference (Tunisia 2020).

For his part, the Minister expressed his department’s willingness to ensure adequate conditions in co-ordination with the Ministries and structures concerned to help the authority and its private partners to carry out their projects.

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