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Donors reiterate willingness to fund public mega-projects in Tunisia.

TUNIS (TAP) - Major donors have reiterated their willingness to fund public mega-projects planned by the Tunisian Government in the current and next period.

In statements to TAP on the sidelines On the sidelines

An investor who decides not to invest due to market uncertainty.


on the sidelines

Of or relating to investors who, having assessed the market, have decided to avoid committing their funds.
 of the International Forum on "Funding of Development Projects in New Tunisia," held Wednesday in Tunis, they pledged support for Tunisia in its new development process.

Mr. Adrianus Koetsenruijter, Ambassador, Head of the European Union (EU) Delegation in Tunis said the Union seeks to fund projects related to education, employment, agriculture and environment, in addition to the support lent to Tunisia to bring the process of democratic transition to a successful end.

He reminded that the European Commission (EC) granted Tunisia a donation of 160 million Euros (nearly 320 dinars) in 2012.

The European official said the Forum will allow donors to learn about public projects submitted and ready to be funded in order to improve the performance of the Tunisian economy.

Mr. Charfeddine Abderrahman, expert at the African Development Bank (AfDB) said the bank has put in place a strategy for the period between 2012 and 2013 focused on regional development in Tunisia and sustainable development. Such projects had not been funded by the Bank before, he said.

The bank wishes to further strengthen the efforts of the Tunisian bank during this period, he also pointed out, adding that the AfDB will examine the projects submitted during the forum's workshops to identify ways to fund them.

Mrs. Eileen Murray, the World Bank's Tunis-based Resident Representative said the Bank has finalised a strategy focused on transition in Tunisia for the period between 2012 and 2014 under which it pledges to achieve development projects in disadvantaged areas.

The World Bank is committed to contribute to funding the achievement of the comprehensive economic reform programme, including particularly amendment to the Investment Code, development of Tunisian exports and promotion of vocational training system, she noted.

The cost of this programme, she specified, is between 1.5 and 2 billion dinars in loan at an interest rate below 1%.

She expressed the bank's interest in funding projects in connection with development of municipalities' work, improvement of rural tracks and infrastructure project.

Mr. Christoph Gabriel Krieger, representative of the German Development Bank (KFW KFW Kreditanstalt Für Wiederaufbau (German Development Bank) ) said his institution is keen to fund projects related to drinking water drinking water

supply of water available to animals for drinking supplied via nipples, in troughs, dams, ponds and larger natural water sources; an insufficient supply leads to dehydration; it can be the source of infection, e.g. leptospirosis, salmonellosis, or of poisoning, e.g.
 and irrigation irrigation, in agriculture, artificial watering of the land. Although used chiefly in regions with annual rainfall of less than 20 in. (51 cm), it is also used in wetter areas to grow certain crops, e.g., rice. , particularly in interior regions and sanitation and waste management projects, in addition to promotion of employment and SME (1) (Small and Medium-sized Enterprise) See SMB.

(2) (Subject Matter Expert) An individual who is well-versed in the policies and procedures of a particular department or division.
 development programmes.

Tap 2012

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Article Details
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Publication:Agency Tunis Afrique Press
Geographic Code:6TUNI
Date:May 16, 2012
Words:412
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