On October 5, 2026, Tunisia's Minister of Equipment, Housing, and Industry, Salah Zwari, chaired a working session to examine the financial situation of Somatra-Gat, a state-owned construction and equipment company. The meeting aimed to discuss the company's current state and explore ways to restore its financial balance. According to the Ministry, Zwari emphasized the need for better governance and management within Somatra-Gat, citing the importance of the company's historical and strategic role in public works.
The working session was attended by senior officials, including the Head of Cabinet, the General Director of Planning and Cooperation, and the General Manager of Somatra-Gat. During the meeting, an overview of the company's current financial situation and project progress was presented, highlighting key challenges and difficulties faced by Somatra-Gat. The attendees reviewed a proposed action plan and discussed possible solutions to restore the company's financial equilibrium.
Minister Zwari's emphasis on good governance is based on the provisions of decree No. 4 of 2026, which focuses on the development and governance of public institutions and improving their performance. The minister underscored Somatra-Gat's strategic importance in the public works sector, stressing the need for effective management and governance to overcome current financial difficulties.
The working session is part of a broader effort to address the financial challenges faced by Somatra-Gat. The company's financial woes have prompted the government to intervene and explore solutions to restore its stability. According to officials, the proposed action plan will be presented at a ministerial working session for further discussion and decision-making.
Somatra-Gat plays a significant role in Tunisia's public works sector, and its financial stability is crucial for the country's infrastructure development. The company's difficulties have raised concerns among stakeholders, including government officials, employees, and contractors. A comprehensive plan to restore Somatra-Gat's financial balance is expected to be implemented in the coming months.
Tunisia's government has been taking steps to address the financial challenges faced by state-owned enterprises. The Ministry of Industry, Mines, and Energy has been working to improve the governance and performance of public companies, including Somatra-Gat. The government's efforts aim to enhance the competitiveness and sustainability of these companies, ensuring their contribution to the country's economic growth.
The outcome of the working session and the proposed action plan for Somatra-Gat are expected to be announced in the coming days. The government's intervention aims to restore the company's financial stability and ensure its continued role in Tunisia's public works sector. The implementation of the plan will be closely monitored by government officials and stakeholders.
Key points
- Tunisian Minister Salah Zwari emphasizes need for better governance at Somatra-Gat.
