“Twenty four Tunisian governorates not attractive for investment” (IACE 2016 Regional Attractiveness Report)

The 24 Tunisian governorates are not attractive for investment and do not offer a favourable climate for business, according to the “2016 Regional Attractiveness” Report presented by Instauring an Advocacy Champion for Economy (IACE) on Saturday at the “Maison de l’Entreprise” in Tunis,

The report targeted a sample of 539 companies established on the Tunisian territory. It gives an overview of the local business climate and classifies Tunisia’s most competitive governorates through 6 sectors (municipal services, non-municipal services, transparency and access to information, participatory approach, infrastructure, living environment and labour availability).

IACE Vice-President Walid Belhadj Amor said the report tries to define the different obstacles facing Tunisian and foreign investors such as the administrative process, poor infrastructure, quality of municipal services and lack of qualified workers, insisting on the difficulties in obtaining data and statistics from regional institutions.

For his part, Expert Kamel Ghazouani said data collected prove that the 24 governorates are not attractive and do not have a satisfactory business climate, clarifying that the study gives 1 (not satisfied at all) to 10 (very satisfied) for each sector. All governorates were below the average (5).

The speaker stressed that improving and facilitating business at the local level remain dependent on good local governance and decentralisation in administrative reforms.

IACE is an international think-tank working on meeting the needs of business leaders. It aims at strengthening communication between business leaders, supplying diverse data on the economy and developing training programmes for future entrepreneurs.

TAP

 

 

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