DistantNews
๐Ÿ‡น๐Ÿ‡ณ Tunisia /Economy & Trade

EIB ready to finance new structuring projects in Tunisia

From La Presse · (4h ago) French

Translated from French, summarized and contextualized by DistantNews.

TLDR

  • Tunisia and the European Investment Bank (EIB) are strengthening cooperation on infrastructure projects, focusing on the 2026-2030 development plan.
  • The EIB vice-president expressed readiness to fund proposed Tunisian projects, emphasizing alignment with development priorities.
  • Both sides agreed to enhance technical team coordination to expedite project structuring and mobilize EIB financing.

Tunis, Tunisia โ€“ The European Investment Bank (EIB) has reaffirmed its commitment to supporting Tunisia's development through significant infrastructure financing. A high-level meeting between Tunisian Minister Slah Zouari and EIB Vice-President Loannis Tsakiris highlighted the robust partnership and outlined future collaboration.

Minister Zouari emphasized the need to align new projects with the national development plan for 2026-2030, stressing their potential to improve living standards, access to basic services, and foster social and economic inclusion. This focus underscores Tunisia's strategic vision for sustainable growth and equitable development.

The quality of the partnership with the European Investment Bank is commendable, and it is necessary to strengthen it further in the coming period.

โ€” Slah ZouariTunisian Minister of Equipment and Housing, commenting on the partnership with EIB.

Vice-President Tsakiris conveyed the EIB's eagerness to explore and fund Tunisian proposals, ensuring they align with the country's developmental objectives. The bank's delegation, including regional head Ulrich Brunnhuber and Tunisia country director Anna Barone, stressed the importance of streamlined coordination between technical teams to accelerate project development and leverage available financing mechanisms.

This renewed commitment from the EIB is crucial for Tunisia, particularly as the nation navigates its economic recovery. The focus on infrastructure not only promises tangible improvements in daily life but also signals international confidence in Tunisia's long-term economic trajectory. From our perspective at La Presse, this partnership is a vital component of our national strategy, ensuring that development projects are not just built, but built with a clear vision for societal benefit and economic resilience.

The EIB is ready to examine all projects proposed by the Tunisian side and to further consolidate cooperation within the framework of development priorities.

โ€” Loannis TsakirisEIB Vice-President, expressing the bank's commitment to funding Tunisian projects.
DistantNews Editorial

Originally published by La Presse in French. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.