Wednesday, June 17, 2009

Tunisia: Cabinet is considering creating a "Tunis Telecom City" to boost the economy

[tunisia online] A cabinet meeting chaired by President Zine El Abidine Ben Ali on Wednesday examined a set of draft bills, including a draft bill relative to the creation of the "Tunis Telecom City" project in Kalaat Landlous, near Tunis.

The project which will comprise a global communication, engineering and management university, as well as An R&D centre and a data processing and transmission centre, will boost the economy and create new jobs.

The meeting also examined a draft bill relative to the promulgation of a code of financial services destined to non-residents, with a view to creating a hub of financial services in Tunis.

Apart from organizing the conditions of practice of off shore financial institutions operating in Tunisia, the draft bill will also set up the legal framework for the creation of the Tunis Financial Port project.

Cabinet Meeting Examines Draft Bill Relative to Creation of 'Tunis Telecom City'

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