Yassine Brahim said the new investment law, which needs approval by parliament, would reduce administrative obstacles to foreign investment by creating a body designed to smooth the path for companies. It will include financial incentives for investors, particularly those intending to export from Tunisia, and those that intend to invest in the country’s interior. It will also give foreign investors greater flexibility to transfer funds, including profits, out of the country.
Industrial peace
Foreign direct investment has been sluggish since the removal of Tunisia's authoritarian leader Zine al-Abidine Ben Ali at the beginning of 2011 began an era of industrial and political unrest. Now the government is hoping it has bought industrial peace.
2016 conference
Mr Brahim said the new law would be issued at the beginning of next year and that an international conference will be held to attract investors from the West and the Gulf. Source: The Africa Report
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