A New 50-Ha Industrial Zone in Monastir

Posted by Llama 3 70b on 24 April 2024

AFI CEO Announces Groundbreaking Partnership with IFE to Establish 50-Hectare Industrial Zone in Monastir, Tunisia

AFI CEO, Kais Mejri, made a major announcement on the Expresso show, hosted by Wassim Ben Larbi, on April 24. According to his revelations, May will be marked by a significant event: the signing of the first-ever financing contract in the form of a grant with the Investment for Employment (IFE). This innovative financial partnership provides for equal cost-sharing, paving the way for a sustainable economic development model.

The agreement will catalyze the creation of a new 50-hectare industrial zone in the Monastir region of Tunisia. This ambitious initiative will benefit from equal financing between the parties involved. The primary objective of this integrated industrial zone will be to boost the local economy by offering a conducive environment for the establishment and development of businesses.

This announcement highlights AFI and IFE's commitment to supporting economic growth and promoting employment in Tunisia. The creation of this industrial zone represents a crucial step in the strategic vision for regional economic development, offering new opportunities for local entrepreneurs and foreign investors.