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TUNIS, July 31, 2010 (TAP) - A report recently released by the World Bank (WB), on the laws regulating foreign investments in the MENA (Middle East and North Africa) region, underlines that Tunisia's regulatory and institutional framework provides real opportunities for foreign investors to do business and settle without suffering from restraints.
Countries of MENA region are somehow restrictive except for the case of Tunisia, specified this report titled "Investing Across Borders 2010," published on July 7, 2010 in Vienna. The report offers the first objective data on laws which regulate foreign investment and compare the situation in 87 countries. The report explains that transparent and efficient laws and regulations are essential to guarantee the best results for the investment-receiving countries, for their populations, as well as for the investors. Indeed, whether it is investment in the different sectors of activities (mining, energy, financial services, telecommunications, etc.), launching of projects promoted by foreign operators, land acquisition in industrial zones, or arbitration of trade disputes, Tunisia offers an encouraging framework with easier and easier procedures and real possibilities for investment in diversified sectors of activities. "Investing Across Borders 2010" aims to help countries develop more attractive business environment by identifying good practices used elsewhere in conceiving of and implementing their investment policies. The report also provides indicators in matters of sectoral restrictions on foreign participation, the process of launching foreign enterprises, access to industrial land and trade arbitration system in 87 countries. |