Tunisian President Discusses Investment Opportunities with Saudi Minister
Tunis, Tunisia – In a significant diplomatic engagement, Tunisian President Kais Saied met with Khalid Al-Falih, Saudi Arabia’s Minister of Investment, on Saturday to discuss the robust relations and cultural connections that bind Tunisia and Saudi Arabia. The meeting, highlighted in a statement from the presidency, underscored the two nations' commitment to strengthening ties in investment and economic collaboration. During their discussions, President Saied emphasized Tunisia's proactive approach to enhancing its investment climate. He announced plans to implement new legislation aimed at simplifying investment procedures and making Tunisia an attractive destination for both local and foreign investors.
“Tunisia encourages investors to launch projects in a healthy and favorable environment that protects their rights as well as those of Tunisia,” Saied articulated. The dialogue also touched on Tunisia's readiness to compete on a global scale for investments, particularly in promising sectors such as renewable energy, hydrogen, logistics, real estate development, and tourism. “Tunisia has become qualified for fierce global competition to attract investments in several sectors,” Saied remarked, indicating an optimistic outlook for the country’s economic future. Following the meeting, Minister Al-Falih expressed enthusiasm for the potential investment opportunities in Tunisia, asserting that Saudi investors are poised to explore these sectors “at the right time.”
He conveyed optimism regarding the political and economic stability that Tunisia has recently achieved, reinforcing Saudi Arabia's interest in entering the Tunisian market. This meeting marks a significant step in fostering bilateral cooperation and investment, highlighting Tunisia's aspiration to emerge as a key player in the region's economic landscape. As both nations look to strengthen their ties, the focus remains on creating a fertile ground for investment that benefits both Tunisian and Saudi interests.