On October 5, 2026, Tunisian Minister of Equipment and Housing, Salah Zawar, chaired a working session to examine the financial situation of the Société Générale de Contrats, d'Equipements et de Travaux (SOMATRA-GAT). The session aimed to discuss the company's current financial status and the progress of projects assigned to it. SOMATRA-GAT holds a strategic position in the country's public works sector.
During the session, Minister Zawar emphasized the need for improved governance and management, in line with the provisions of decree 4 of 2026, related to the development and governance of public institutions and enterprises. He highlighted SOMATRA-GAT's historical and strategic importance in the public works sector. The minister's remarks underscored the government's commitment to enhancing the performance of public enterprises.
A presentation was made on the company's current financial situation, highlighting the progress of ongoing projects and the challenges faced by SOMATRA-GAT. The session provided a platform for stakeholders to discuss the proposed action plan and explore possible solutions to restore the company's financial balance. These discussions will inform a forthcoming ministerial working session.
SOMATRA-GAT's financial struggles have significant implications for Tunisia's infrastructure development. The company's ability to execute public works projects is crucial to the country's economic growth and development. The government's efforts to address SOMATRA-GAT's challenges are part of a broader strategy to revitalize public enterprises and promote sustainable economic growth.
The working session was attended by various stakeholders, including representatives from the Ministry of Equipment and Housing, and SOMATRA-GAT's management. The collaborative approach adopted by the government reflects its commitment to addressing the challenges faced by public enterprises. By engaging with stakeholders, the government aims to develop effective solutions to restore SOMATRA-GAT's financial stability.
Tunisia's public sector has faced significant challenges in recent years, including financial constraints and inefficiencies. The government's efforts to reform public enterprises, including SOMATRA-GAT, are critical to promoting economic growth and improving public services. The outcome of the working session will inform future decisions on SOMATRA-GAT's restructuring and revitalization.
The Ministry of Equipment and Housing will continue to monitor SOMATRA-GAT's progress and provide support to ensure the company's financial recovery. The government's commitment to enhancing governance and management in public enterprises is expected to yield positive results, contributing to Tunisia's economic growth and development.
Key points
- The Tunisian government is working to address the financial challenges faced by SOMATRA-GAT.
- Minister Zawar emphasized the need for improved governance and management at SOMATRA-GAT.
- The company's financial recovery is crucial to Tunisia's infrastructure development and economic growth.
