Tunisian decision-makers could be working on a joint investment initiative worth $2 billion with Qatar, which would benefit manufacturing and food production.
According to Gulf Times, Board Member of the Tunisian Confederation of Industry, Trade and Handicrafts Mohamed Kooli said a joint investment fund of this size was among proposals presented by the Tunisian delegation at May's Qatari-Tunisian Business Council.
Kooli was quoted as saying: "We have proposed that Tunisia and Qatar raise $1 billion each for the joint investment fund, which will be sourced from the public and private sectors of both sides."
He added that Tunisia is seeking investment opportunities from Qatar to boost industry, manufacturing, automotive and agriculture, in addition to a food production. Tunisia's olive oil production sector has already benefited from the work of the Qatar Tunisian Food Company which has established a repacking plant in Qatar. The repacking facility is hoped to be the first of many and produces 1,000 tonnes of olive oil per year.
Tunisian Prime Minister Al Habib Essid was quoted as saying: "We would like to see more plants in Qatar and in GCC, and we want to duplicate our facility’s success here by expanding to other countries like India, and even in other parts of Asia."
