The Asian Infrastructure Investment Bank (BAII) has reaffirmed its commitment to strengthening cooperation with Tunisia. BAII President Zou Jiayi met with Tunisian Minister of Economy and Planning Samir Abdelhafidh on the sidelines of the 11th BAII Annual Assembly in Doha, Qatar. Jiayi expressed the bank's willingness to study and support infrastructure projects proposed by Tunisian authorities under the next five-year development plan.

Abdelhafidh reported progress in discussions on the BAII's potential contribution to financing an urban transport project in Tunisia. This project would mark the bank's first operation in Tunisia. The two officials explored ways to enhance cooperation and mobilize innovative financing solutions for sustainable infrastructure investments.

The 11th BAII Annual Assembly focused on addressing climate change impacts by investing in sustainable infrastructure. Participants examined ways to mobilize innovative financing solutions to support climate resilience. The assembly brought together high-ranking officials and representatives from various institutions, including the Qatari Development Fund.

Abdelhafidh also met with senior BAII officials and Qatari Development Fund representatives during the assembly. The meetings aimed to strengthen partnerships and explore opportunities for cooperation in infrastructure development. Tunisia is seeking to accelerate discussions on the urban transport project financing.

The proposed urban transport project is part of Tunisia's efforts to improve its infrastructure and address urbanization challenges. The project is expected to enhance the quality of life for Tunisian citizens and support economic growth. BAII's potential involvement in the project would mark a significant step in the bank's engagement in Tunisia.

Jiayi's visit to Tunisia and the meeting with Abdelhafidh demonstrate the BAII's commitment to supporting Tunisia's development goals. The bank is exploring opportunities to finance infrastructure projects that align with Tunisia's priorities. The two parties are working closely to advance discussions on the urban transport project.

The BAII's engagement in Tunisia is part of its broader strategy to support sustainable infrastructure development in Asia and beyond. The bank has been actively investing in infrastructure projects that promote economic growth, reduce poverty, and address climate change. Tunisia's urban transport project is expected to be a key priority for the bank's future investments in the region.

Key points

  • The BAII is willing to study and support infrastructure projects proposed by Tunisian authorities under the next five-year development plan.
  • The urban transport project would mark the BAII's first operation in Tunisia.
  • The 11th BAII Annual Assembly focused on addressing climate change impacts by investing in sustainable infrastructure.

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SaharaWire Newsroom
SaharaWire

Reporting for SaharaWire from the Nairobi bureau.