Plan for a 3.5 Billion Dinars Project in Sfax, Creating 35,000 Jobs
9 July 2012
Read by 1406 persons
A Tunisian businessman residing in Saudi Arabia, Abdellatif Khemakhem, announced his intention to launch a major project in Sfax during a meeting on Friday, July 6th, with the region's governor, Fethi Derbali. The project involves investments of approximately 3.5 billion Tunisian dinars and is expected to be completed by the end of 2014, potentially creating up to 25,000 jobs, including 10,000 direct jobs.
According to information provided by a governorate official to the TAP agency correspondent in Sfax, this project is a "science and business city" including a private university campus, and economic establishments fostering partnership and complementarity between the components of the university campus and its institutions in various specialties.
The project also includes a tourism school with a hotel, a pharmacy school with a pharmaceutical production unit, and a medical school with an advanced private clinic.
The project will be implemented in three phases. The first phase includes engineering schools with all their specializations, a school of business administration (Governance and Initiative Academy), a school of economics and management, and a tourism school. All these institutions will be accompanied by economic enterprises in the same specialties.
During his meeting with the governor, the project promoter explained that he will utilize highly skilled Tunisian professionals and collaborate with major American universities in various specializations.
Regarding financing, Abdellatif Khemakhem stated that it will be Tunisian, Arab, and African, using "Islamic financing." Completion is expected by September 2014.
TAP
Businessnews.com.tn
Published July 8, 2012.
Posted online July 9, 2012.
According to information provided by a governorate official to the TAP agency correspondent in Sfax, this project is a "science and business city" including a private university campus, and economic establishments fostering partnership and complementarity between the components of the university campus and its institutions in various specialties.
The project also includes a tourism school with a hotel, a pharmacy school with a pharmaceutical production unit, and a medical school with an advanced private clinic.
The project will be implemented in three phases. The first phase includes engineering schools with all their specializations, a school of business administration (Governance and Initiative Academy), a school of economics and management, and a tourism school. All these institutions will be accompanied by economic enterprises in the same specialties.
During his meeting with the governor, the project promoter explained that he will utilize highly skilled Tunisian professionals and collaborate with major American universities in various specializations.
Regarding financing, Abdellatif Khemakhem stated that it will be Tunisian, Arab, and African, using "Islamic financing." Completion is expected by September 2014.
TAP
Businessnews.com.tn
Published July 8, 2012.
Posted online July 9, 2012.
