The Omani investment group Suhail Bahwan has expressed interest in exploring new investment opportunities in Tunisia and expanding its activities into North Africa. The group considers Tunisia a strategic location for investment and business development. This was revealed during a meeting between the Minister of Economy and Planning, Samir Abdel Hafiz, and a delegation from Suhail Bahwan led by its Vice Chairman, Salem Saad Bahwan, who is currently on a working visit to Tunisia.

During the meeting, the head of Suhail Bahwan presented an overview of the group's activities and investment projects abroad in various sectors, including car assembly, chemical industries, fertilizers, and renewable energies. The group's diverse portfolio suggests a potential for significant investment in Tunisia's industrial sector.

Minister Abdel Hafiz praised Suhail Bahwan's interest in Tunisia and highlighted the country's competitive advantages and sectors that provide a suitable framework for building a fruitful partnership. He also emphasized the Ministry's readiness to provide the necessary support and accompaniment to the group to materialize its projects in the best conditions.

Suhail Bahwan's interest in Tunisia comes at a time when the country is seeking to boost its economy and attract foreign investment. Tunisia has been working to improve its business environment and offer incentives to investors. The country's strategic location in North Africa makes it an attractive hub for trade and investment.

The meeting between Suhail Bahwan and Minister Abdel Hafiz is a significant development in Tunisia's efforts to attract foreign investment. The country's economy has faced challenges in recent years, and securing investment from reputable groups like Suhail Bahwan could help stimulate growth and job creation.

Suhail Bahwan's potential investment in Tunisia could also have a positive impact on the country's industrial sector. The group's experience in sectors such as car assembly and chemical industries could help upgrade Tunisia's manufacturing capabilities and increase its competitiveness in the region.

The exploration of new investment opportunities by Suhail Bahwan in Tunisia is a positive sign for the country's economy. With the right support and incentives, the group could play a significant role in driving growth and development in Tunisia's industrial sector.

Key points

  • Suhail Bahwan's interest in Tunisia is driven by the country's strategic location in North Africa.
  • The Omani group has a diverse portfolio of investments in sectors such as car assembly, chemical industries, and renewable energies.
  • Tunisia has been working to improve its business environment and offer incentives to attract foreign investment.

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SaharaWire Newsroom
SaharaWire

Reporting for SaharaWire from the Nairobi bureau.