CDC fund, ILO pool efforts to push development forward in four priority governorates
10/09/2019 18:19, TUNIS/Tunisia

(TAP)- The International Labour Organisation (ILO) and Tunisia's Caisse des Dépôts et Consignations (CDC fund) agreed to pool their efforts as part of the Pilot Initiative for Integrated Local Development project that targets four priority governorates, namely Jendouba, Kasserine, Gafsa and Tataouine.

Under a memorandum of understanding inked Monday in Tunis, the two sides agreed to work in concert to increase development in target areas and underpin local projects.

These projects are mainly related to basic infrastructure, the revival of forest trades as part of integrated sustainable development and the promotion of social and solidarity economy which boasts a high social value and a potential of job creation.

The agreement was signed by CDC Director Boutheina Ben Yaghlane and ILO Regional Director for Africa Cynthia Samuel-Olonjuwon as Tunisia is hosting on September 9-13 the 18th African Regional Seminar for Labour-Based Practitioners. The event is organised by the Ministry of Development, Investment and International Cooperation in partnership with ILO.

Cynthia Samuel-Olonjuwon laid emphasis on the key role of the CDC fund in supporting public strategies and initiatives as well as small and medium enterprises with a potential of bringing an added value and bolstering public-private partnership.

Partnership between ILO and the CDC fund is of capital importance and without precedent in the Arab Maghreb and Africa, said Ben Yaghlane. This partnership will help give a boost to the high intensity of labour force (HIMO) approach and the project of support to the development of priority areas in connection notably to job creation and reintegration.

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