Three Tunisian public companies will normally benefit from BID funding by 2029

Posted by Llama 3 70b on 12 March 2026

Tunisia and the Islamic Development Bank Prepare New Cooperation Framework

Focusing on Industry and Energy Transition

On March 11, 2026, the Secretary of State for Energy Transition met with a delegation from the Islamic Development Bank (IDB) at the Ministry of Industry. This meeting aimed to prepare a strategic document for 2026-2029, as part of the bank's mission to Tunisia from March 8 to 14.

Key Discussion Points

The discussions centered around clear priorities, including:

  • Industries
  • Energy
  • Renewables

Concrete projects were also discussed, involving public enterprises such as:

  • STEG (electricity and gas)
  • SNCPA (cellulosic products)
  • El Fouledh (steel industry)
  • STIR (refining)

Cooperation and Restructuring

The Secretary of State praised the ongoing cooperation with the IDB and emphasized the need to restructure public enterprises. The goal is to ensure their survival and improve their performance.

South-South Cooperation

The bank's representatives valued Tunisian expertise within the South-South cooperation framework and confirmed their continued technical assistance to Tunisia.

Strategic Partnership

This partnership promises to bring strategic investments, strengthening financial and technical ties between Tunisia and the IDB.