Tunisia: 71 new businesses, including 40 industrial units, begin production
14 August 2012
Read by 1359 persons
Foreign direct investment (FDI) in Tunisia increased by 44.9% between 2011 and 2012, reaching 1064.2 million dinars (MD) in the first half of 2012. Compared to the first six months of 2010, this increase is only 8.3%, with 823.9 MD achieved.
The Minister of Investment and International Cooperation, Riadh Bettaieb, stated on Friday, August 10, during a regular press meeting at the Kasbah, that 71 new businesses, including 40 industrial units, have begun production.
Also, 120 business expansion operations have been carried out to strengthen the activities of these companies in Tunisia and have created 6750 jobs.
He added that the ministry has developed a strategy aimed mainly at restoring investor confidence. This strategy includes revising the investment incentive code before the end of 2012 and creating a national investment authority.
In addition, the Ministry of Investment created two units, one for large projects and the other to support investors. Riadh Bettaieb also announced that the ministry is working to explore other investment and exchange sources and opportunities, particularly with emerging Asian countries (China, Malaysia) and Gulf countries (Qatar, Saudi Arabia, United Arab Emirates), but also with Turkey and Scandinavian countries.
Mr. Bettaieb stressed that his department is continuing negotiations with the World Bank, the African Development Bank and the EU regarding the second economic recovery program (PARE2) worth $1224 million.
Espacemanager.com
Published August 13, 2012.
Posted online August 14, 2012.
The Minister of Investment and International Cooperation, Riadh Bettaieb, stated on Friday, August 10, during a regular press meeting at the Kasbah, that 71 new businesses, including 40 industrial units, have begun production.
Also, 120 business expansion operations have been carried out to strengthen the activities of these companies in Tunisia and have created 6750 jobs.
He added that the ministry has developed a strategy aimed mainly at restoring investor confidence. This strategy includes revising the investment incentive code before the end of 2012 and creating a national investment authority.
In addition, the Ministry of Investment created two units, one for large projects and the other to support investors. Riadh Bettaieb also announced that the ministry is working to explore other investment and exchange sources and opportunities, particularly with emerging Asian countries (China, Malaysia) and Gulf countries (Qatar, Saudi Arabia, United Arab Emirates), but also with Turkey and Scandinavian countries.
Mr. Bettaieb stressed that his department is continuing negotiations with the World Bank, the African Development Bank and the EU regarding the second economic recovery program (PARE2) worth $1224 million.
Espacemanager.com
Published August 13, 2012.
Posted online August 14, 2012.
