Tunisia Forecasts 20% Growth in Foreign Investment

  • Tunis, Republic of Tunisia
  • 21 September 2018
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The Tunisian Investment Authority (TIA) forecasted a rise in foreign investment attaining 2.5 billion Tunisian dinars ($902 million) by the end of the current year, marking a growth rate of more than 20 percent compared to last year's figures.
In this context, Khalil Obeidi, Head of the Tunisian Investment Authority, stated "The adoption of the Public-Private Partnership Law effective since 2015 has contributed to the rise in foreign investment’s pattern and to the return of foreign investors to Tunisia." The new law, through which the Country participates via the implementation of major projects, and which represents the public sector as well as the private sector, serves as a lever for the country’s credibility in providing the best climate for foreign investment.
He pointed out that "they are considering a set of projects expected to be concentrated in the provinces of Tunisia which need development and job creation”, which will be presented during the activities of the Supreme Council for Investment, that will be held at the end of September.

Source (Al-Sharq Al-Awsat newspaper, Edited)