The 21st edition of the Tunisia Investment Forum, TIF 2024, will attract several European investors, indicated the head of the economic section at the European Union (EU) delegation in Tunisia, Marco Stella.
“Several contracts will be signed to boost the Tunisian-European partnership, including a credit line for small and medium-sized (SMEs) financed by the EU and the European Investment Bank, EIB (around 150 million euros) and the French Development Agency, AFD (around 70 million euros)”, he specified in a statement to the Tap agency, Thursday May 30, 2024, on the sidelines of a workshop organized in Tunis to “Promote job creation through inclusive entrepreneurship in southern and eastern Mediterranean countries. “This is in addition to support for the completion of the Sfax-Kasserine highway which could promote investments in these regions,” he further indicated.
Stella also reaffirmed the EU’s commitment to continue providing technical and financial support to initiatives aimed at promoting entrepreneurship and creating sustainable jobs. It is very important, he said, to establish links between Mediterranean countries and the EU to reach common solutions to promote sustainable employment, especially for young people and women. The main objective of the Team Europe Initiative (TEI) is to address the pressing challenges of unemployment, particularly among young people and women in the southern and eastern Mediterranean countries, he added.
Team Europe is made up of the EU, EU Member States – including their implementing agencies and public development banks – as well as the EIB and the European Bank for Reconstruction and Development (Berd). It is the EU’s financial instrument for international cooperation from 2021 to 2027.
The workshop is co-organized by the Euro-Mediterranean Forum of Institutes of Economic Sciences (Femise), the Union of Mediterranean Business Confederations (BusinessMed), and the Spanish Agency for International Development Cooperation (Acid).
