"EIB strongly mobilised to support new Tunisia" (EIB Vice-President)
07/12/2018 15:43, TUNIS/Tunisia

(TAP) – "The EIB is strongly mobilised to support the new Tunisia with 7.7 billion Tunisian dinars (TND) funding since 2011," Emma Navarro, Vice President of the European Investment Bank (EIB) said Friday, stating that for the year 2018 alone, €205 million (1 euro = 3,33 dt) have been approved for the benefit of Tunisia by the EIB's Board of Directors.

Speaking at the opening of the 33rd edition of the " Business Days " held on December 7 and 8 in Sousse, at the initiative of the Arab Institute of Business Managers (IACE), Navarro, who is making her first official visit to Tunisia, recalled that the EIB supports inclusive and sustainable growth in Tunisia, while restoring investor confidence.

"We want to promote investments that contribute to sustainable development, social cohesion and employment in Tunisia," she said.

She added:"With our Tunisian partners, we support the rehabilitation of disadvantaged neighborhoods and the enhancement of historic districts, including the Medinas, to improve the daily lives of Tunisians.

We are strengthening business support. We support the development of sustainable projects, training and job creation especially for younger generations. This is the future of Tunisia.

In this context, Navarro reported that the EIB has signed a € 77 million financing contract to support the large-scale rehabilitation project for disadvantaged neighborhoods and historic centres.

This new European investment will contribute to the rehabilitation of 146 low-income urban neighborhoods and several historic centres in the 24 governorates of Tunisia.

The EIB, she said, is proud to support Tunisian communities in the urgent need to provide these neighborhoods with basic public infrastructure, including water and sanitation, drainage, development of electricity networks or the construction of playgrounds and sports and socio-cultural complexes.

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