Grant agreements signed in Tunisia

Grant agreements signed with five companies in Tunisia

The facility Investing for Employment announces winners of first competition in Tunisia

The successful applicants of the recent call for proposals in Tunisia come from sectors like food processing, construction, technology, and the chemical industry. Together, they will receive financial support of around 7 million euros for their job-creating investments by the facility Investing for Employment. The facility is part of Invest for Jobs.

During this first competition round in Tunisia, almost 400 companies and organisations with activities in Tunisia had applied for a grant. The competition is coming to end and the first 5 Grant Agreements were concluded during a signing ceremony in Tunis on 25 November 2021.

The facility Investing for Employment will disburse its funding in a step-by-step process. Applicants will only get access to the next tranche if they reach pre-defined milestones that are part of the grant agreement.

Grant Agreements were signed for the following investment projects:

  • Mediterranean Feed Industry (MFI) SA: The applicant will invest in additional production facilities to produce inputs for the international market for animal feed. Solar panels will help to bring down electricity costs. MFI is based in the city of Gabès.
  • Novarino Tunisie SA: The company from Bizerte manufactures and exports bakery and pastry products. To diversify its product range, Novarino will offer ready-made meals to clients in Tunisia and will produce dietary fibres for the food industry.
  • Tunisie Farine: The manufacturer of flour mixes, flour-based food preparations and other packaged cereal products wants to increase its output, build a bakery training centre and introduce a new brand for traditional bakery products that are locally produced by small suppliers.
  • Vacpa Boudjebel (and consortium partners): The company is a producer of high-quality dates. The dates come from a structurally weak region in Southern Tunisia. Vacpa Boudjebel will buy new machinery for the sorting, processing, and packaging of dates and will invest in a solar power plant. The company will also open a training facility for date farmers.
  • Parc d’Activités Économiques de Zarzis: The successful industrial park will build a new technology centre to attract companies from the ICT-sector. The industrial park is in Zarzis close to the coastal town of Djerba.

The signing ceremony took place in the presence of Mr Peter Prügel, German Ambassador, Mrs Echraf Smedhi, Director for international cooperation at the Tunisian Ministry for Industry, Mrs Beate Richter, Director KfW Office Tunis, and Mrs Anke Afflerbach, Managing Director facility Investing for Employment.

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