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Economic development and social dialogue

Tunisia’s Ministry of Economy, Finance and Investment Support, Ali Kooli, announced that Tunisia signed a €38 million (approximately 125 million dinars) financing agreement with the European Investment Bank (EIB) on Wednesday.

14 million euros, or 46 million dinars, will be made available to the State to supply the financial port of Kalâat el-Andalous with drinking water while 24 million euros (79 million dinars) for the Société nationale d'exploitation et de distribution de l'eau (SONEDE) to create a project to meet the needs of Greater Tunis for drinking water.

With a total cost of €76 million, the financial port of Kalâat el-Andalous will be financed to the tune of €38 million by the French Development Agency (AFD), which will also donate €1 million to complete the study of the master plan for Greater Tunis.

Mr Kooli explained that this project targets the four governorates of Greater Tunis with a population of 2.8 million. The Minister also recalled that the EIB is one of Tunisia’s most important development partners.

For his part, the head of the EIB Representation, Jean-Luc Reverelaut expressed the predisposition of his institution to continue to support Tunisia particularly in the strategic sectors.