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Jun 24 2011

EIB adopts projects in favour of Tunisia

TUNIS - The European Investment Bank has adopted since the month of April in each Board of Directors meeting, a project in favour of Tunisia, said Vice-President of the EIB Philippe de Fontaine Vive.

After the meeting held on Friday in Kasbah with Caretaker Prime Minister Béji Caid Essebsi, Mr. De Fontaine Vive told TAP that the EIB will sign a convention on co-funding of a road modernisation project worth 595.5 million dinars to create over 7 thousand jobs to Tunisia.

The talk with the Prime Minister provided the opportunity, he said, to take stock of the economic and social situation in Tunisia and identify ways to contribute to creating jobs in the country and developing new investments.

He added that the EIB had several projects in Tunisia, particularly those related to financing small and medium enterprises (SMEs).

Regarding prospects for co-operation with Tunisia, the Vice-President of EIB said that last April, EIB had adopted the principle of a project for the Tunisian Chemical Group to construct a fertilisers plant in Mdhilla, Gafsa.

He said that ten days ago, the EIB had also adopted the principle of a loan to the "ENDA Interarabe" organisation which the bank is ready to sign as soon as possible.

"It is a dynamics on which we will continue to work so that the funding could prompt the creation of jobs for Tunisians," said the Vice-President of the EIB .

The talk was attended by the Minister of Planning and International Co-operation.

© Tunis-Afrique Presse 2011

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