GAMMARTH (Tunisia) – Tunisia is seeking foreign investors for 6.82 billion dollars worth of infrastructure and development projects, as the government tries to prop up its faltering economy.
“We have 22 projects in many sectors, including energy, tourism, transport and infrastructure and we have plans to attract foreign investors to the country ,” said Nidhal Ouerfelli, Tunisia’s secretary for Economic Affairs.
The secretary also included projects for the construction of dams and port in the city of Ennfidha.[eap_ad_2]
Tunisia will hold its second free election next month, three years after expelling an autocratic regime.
But a successful transition to democracy depends on stability and economic recovery, Prime Minister Mehdi Jomaa told an investment conference on Monday.
The government cut its forecast for economic growth for the third time this year from three per cent to between 2.3 and 2.5 per cent.
Its budget deficit is set to reach eight per cent of Gross Domestic Product this year. (Reuters/NAN)[eap_ad_3]
