EIB Continuous Support for Tunisia's Development since 1979.

Posted by Llama 3 70b on 14 June 2024

21st Tunisia Investment Forum: A Platform for Sustainable Opportunities

The 21st edition of the Tunisia Investment Forum (TIF) has kicked off this year under the theme "Tunisia, where sustainability meets opportunities," generating significant interest among public and private, national and international stakeholders. The moderator, Tarek M'rad, described this business event as the premier gathering of the year, offering a unique opportunity to bring together public authorities, diplomats, businesses, investors, foreign media, and more over two days, on the 12th and 13th, "to discuss Tunisia's assets, Tunisian excellence in investment, and strategic choices aimed at strengthening the country's position as a preferred investment destination."

European Investment Bank Vice-President Ioannis Tsakiris Visits Tunisia

In the wake of this forum, Ioannis Tsakiris, Vice-President of the European Investment Bank (EIB) and responsible for financing in the Maghreb region, is making his first official visit outside the EU to Tunisia to attend the TIF 2024. "TIF is an opportunity to intensify relations and collaborations with the ultimate goal of bringing about positive change for Tunisia, its people, and Europe," he stated. He also mentioned that the Bank is currently examining a set of proposed projects, which may be concretized in the future.

Collaboration and International Cooperation: Key to Economic and Social Success

In his interventions, Tsakiris highlighted the transformative potential of strategic investment and international cooperation, emphasizing the crucial role of these synergies in achieving economic and social success. The current event is an opportunity to celebrate partnerships between Europe and its regional partners and discuss ways to achieve shared prosperity.

EIB's Long-Standing Support for Tunisia's Economic and Social Development

Since 1979, the European Investment Bank (EIB) has been supporting Tunisia's economic and social development, with over €2 billion invested in key sectors such as infrastructure, energy, urban development, and industry over the past decade.

EIB's Commitment to Tunisia's Education and Infrastructure Development

Engineer Tsakiris mentioned a significant agreement with the Ministries of Economy and Education to build several primary schools, following a €40 million loan signed in 2023. This project is crucial for developing essential infrastructure for economic growth and regional integration.

Furthermore, a €210 million financing agreement is also planned to modernize the strategic corridor between Sfax and Kasserine, improving connectivity and reducing mobility costs.