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Tunisian President meets Saudi Investment Minister

Tunis, November 17 (IANS). Tunisian President Kais Saied meets Saudi Arabia’s Investment Minister Khalid al-Falih.

During the meeting on Saturday, President Saied praised the strong relations and deep cultural ties between Tunisia and Saudi Arabia, Xinhua news agency reported.

According to Saeed, Tunisia is working on implementing new legislation to simplify investment procedures and pave the way for Tunisian and foreign investors.

He stressed that Tunisia encourages investors to launch projects in a healthy and favorable environment, which protects both their rights and those of Tunisia.

“Tunisia has achieved a strong position in the global competition to attract investments in a number of sectors, including renewable energy, hydrogen, logistics investment, real estate development and tourism,” the Saudi minister said at a press conference held after the meeting.

Al-Falih stressed that Saudi investors are ready to invest in these sectors at the right time.

“We are optimistic about the political and economic stability and development that Tunisia has achieved,” the Saudi minister said.

–IANS

SHK/CBT

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