TIA President Outlines Investment Accompaniment Cycle at Asectu Forum 2024
Namia Ayadi, President of the Tunisian Investment Authority (TIA), presented an overview of the TIA's activities at the 2024 Forum of the Tunisian Association of Economists (Asectu), highlighting the TIA's role as a single point of contact for local and foreign investors.
Investment Accompaniment Cycle
The investment accompaniment cycle encompasses a range of services, from land allocation and workforce availability to administrative procedures, authorization, and financial incentives. "We also intervene in projects of national interest (PIN) defined by the Investment Law," Ayadi emphasized.
Modification of Decree 2024-182
The latest version of Decree 2024-182, dated April 4, 2024, amends and completes Government Decree 2017-389 of March 9, 2017, on financial incentives for investments made under the Investment Law. The modification, proposed by the TIA, adds the criterion of creating 200 qualified jobs.
National Interest Projects (PIN)
As of April 2024, projects contributing to the realization of national economic priorities and meeting one of the following eligibility criteria are considered PIN:
- Investment cost of at least 50 million dinars
- Creation of at least 500 jobs over 4 years
- Creation of 200 qualified jobs over 4 years
Incentives and Scoring System
A specific set of incentives is available for PIN projects. The project analysis is conducted by the National Commission for Granting Incentives, based at the TIA, and a score is attributed to the project.
Revision of Scoring System
"We are revising the scoring system to add a gender dimension. We have taken into account the gender factor and plan to bonus investments in companies that employ more women in executive positions," declared Ayadi.
Motivation and Challenges
Ayadi's motivation stems from current issues related to rural women's inclusion and the glass ceiling. The proposed incentive package is currently awaiting approval from the Higher Council for Investment, chaired by the Head of Government.
Forum Asectu 2024
Ayadi's statements were made on the sidelines of the Asectu Forum 2024 on Business Climate Reform: Efficiency and Constraints, organized in partnership with the Savoirs Éco project, funded by the European Union and implemented by Expertise France.
National Interest Project (PIN) Treatment Process
- Reception and Verification of PIN Files
- Internal and Interministerial Study of the File
- Submission to the Authorization Commission
- Submission to the National Commission for Incentives
- Submission to the Higher Council for Investment
- Publication of the Government Decree
