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Tunisia fully prepared to secure success of Arab, foreign tourism projects

Published the:  19/10/2017

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(TAP) - Tunisia is fully prepared to secure the success of Arab and foreign projects in all sectors, including tourism which is on the rebound, said Prime Minister Youssef Chahed.

Investment opportunities are made available in connection to 19 projects presented by the government as part of the public-private partnership (PPP), Chahed indicated at the opening Thursday of the first edition of the Tunisian-Arab Tourism Investment Forum.

The private sector is urged to interact with the investment measures decided by the Tunisian government, he told participating Arab and Tunisian businessmen and investors.

The government set a list of projects that need to be carried out in 2018 and which require equity investments to the tune of 5 200 MTD, Chahed said. This can serve as a basis for cooperation and investment for Arab and Tunisian investors in a competitive country, which he said, seeks to draw further foreign investments.

The geographical location and openness on Europe and Africa are all assets for Tunisia along with the new investment code that encourages Arab and foreign investment.

The tourism sector is showing signs of recovery after suffering a significant slump in the recent years, the Prime Minister highlighted. About 3 million Arab tourists, out of a total of 5.8 million visitors since the beginning of the year, opted for the Tunisia destination. Receipts amounted to 2 200 MTD, i.e. up 19% on last year (6% in foreign currency).

The Arab world needs to scale up cooperation and invest in several sectors considering international changes underway, Chahed emphasised. Investment and growth are at the heart of Tunisia's strategy to reboot the economy.

The Tunisian-Arab Tourism Investment Forum is held on October 19-20 in Gammarth, Tunis northern suburbs, in collaboration with the

Arab Tourism Organisation. It will be an opportunity to present mechanisms for drawing Arab and foreign investments as well as a string of projects that the government intends to carry out.