Tunisian Development Investment and International Cooperation Minister, Zied Laadhari, has announced the launch of “Digital Investor Support Platform” this Tuesday. The launch is going to take place during the Tunisia Investment Forum (TIF) due June 20-21, in Tunis. The platform is going to aim making investment transactions totally digitized.
The announcement came during the meeting of the steering group of the MENA-OECD Initiative on Governance and Competitiveness; the Tunisian news agency TAP reported.
The meeting was organized in the framework of the MENA-OECD Days held in Tunis, June 17-19. “Partnering for a Shared Prosperity” was the theme.
Laadhari gave importance to “the need for MENA countries to harness the potential of digital transformation and innovative entrepreneurship to unleash the potential for growth and development in the region,”
“The economic performance and regional integration of the MENA region remains inherent to the establishment of a real dialogue between its countries and sharing of experiences and expertise between countries from both shores,” he said.
He also added, “The MENA region remains among the least integrated areas in the world with an integration rate not exceeding 10% compared to rates that exceed 70% in other regions of the world, such as the EU. The average growth in the region remains well below its potential. Unleash the potential of the region requires more integration and more exchanges within it.”
To back up such efforts to go forward with digitization of the administration, the World Bank has recently granted a $175 million loan to the Tunisian government.
According to Ashraq Al-Awsat reports, the loan will be given in two portions of $100 million and $75 million.
The $100 million amount will be used to implement the national strategic program named Digital Tunisia 2020, and the rest $75 million will be used to fund local SMEs and innovative projects.