Plan for a 3.5 Billion Dinars Project in Sfax, Creating 35,000 Jobs
24 July 2012
Read by 1349 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 6, with the region's governor, Fethi Derbali. The project involves investments of approximately 3.5 billion Tunisian dinars, is expected to be completed by the end of 2014, and could create 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 institutions. These institutions will foster partnership and complementarity between the university campus components and its institutions across various specializations.
The project also includes a tourism school with a hotel, a pharmacy school with an associated 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 business administration school (Governance and Initiative Academy), an economics and management school, and a tourism school. All these institutions will be accompanied by economic companies in the same specializations.
During his meeting with the governor, the project developer explained that he will use highly skilled Tunisian personnel and cooperate with major American universities in various specializations.
Regarding financing, Abdellatif Khemakhem explained that it will be Tunisian, Arab, and African, thanks to "Islamic financing." Completion is expected by September 2014.
TAP
Businessnews.com.tn
Published July 8, 2012.
Posted online July 24, 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 institutions. These institutions will foster partnership and complementarity between the university campus components and its institutions across various specializations.
The project also includes a tourism school with a hotel, a pharmacy school with an associated 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 business administration school (Governance and Initiative Academy), an economics and management school, and a tourism school. All these institutions will be accompanied by economic companies in the same specializations.
During his meeting with the governor, the project developer explained that he will use highly skilled Tunisian personnel and cooperate with major American universities in various specializations.
Regarding financing, Abdellatif Khemakhem explained that it will be Tunisian, Arab, and African, thanks to "Islamic financing." Completion is expected by September 2014.
TAP
Businessnews.com.tn
Published July 8, 2012.
Posted online July 24, 2012.
