KUN0088 4 GEN 0246 FRANCE /AFP -HND0
Tunis commends Kuwaiti firms' economic achievements in Tunisia
TUNIS, Nov 14 (KUNA) -- Minister of Finance Mohammad Rachid Kechiche
Tuesday commended achievements by the Kuwait Investment Group in field of
tourism, real estate and finance in Tunisia.
Kechiche, speaking to reporters after meeting CEO of Kuwait Investment
Projects Company (Kipco) Faisal Al-Ayyar, said the successful investment
cooperation would open new horizons for cooperation in different economic
He highlighted deep-rooted and distinguished relations between Kuwait and
Tunisia, namely in investment sphere.
Kechiche noted that the Tunisian government was providing incentives to
foreign investors that would make them feel safe and secure in the North
Kechiche, in a separate statement to KUNA, welcomed new investment projects
to be carried out by any company from Kuwait.
"Cooperation is good with Kuwait and there is a legal framework that
determines the work of investment companies," said Kechiche. He said Tunisia
was keen on attracting further investments to back the development scheme.
Al-Ayyar arrived here ealier today on top of a delegation representing
Kipco within a tour to North African countries on the occasion of launching
the North Africa Holding Company, which has a capital of USD 200 million. The
company is designed to boost investment operations in Tunisia, Algeria,
Morocco, Libya and Egypt. (end)
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