Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Tunis Financial Harbour Signs the Appointment of Soroubat to Commence Development  Join our daily free Newsletter

MENAFN Press - 11/03/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN Press) Tunis Bay Project Company (TBPC), announced at a press conference held in Tunisia the appointment of Soroubat, a leading Tunisian contractor, for the development of the infrastructure works of Phase I of Tunis Bay “ Tunis Financial Harbour Project

The press conference was attended by a number of high profile officials and members in Tunisia led by H.E. Minister of Equipment, Land Planning and Sustainable Development Mr. Al Hadi Balaraby, Governor of Arriana Mr. Baheddine Albakari, and Mr. Hassan Mohammed Hassan Acting on behalf of the Ambassador of the Kingdom of Bahrain in Tunisia. This was in addition to the attendance of prominent officials from TBPC, Gulf Finance House ("GFH") and Soroubat. The appointment of the contractor to develop the infrastructure of Phase I of the project was announced during the conference and officials further discussed the strategy going forward and future plans for the project. The attending members further emphasized on the importance of the project both within Tunisia and its role as a portal into North Africa



Commenting on the appointment, Mr. Hisham Alrayes, General Manager of TBPC and CEO of GFH, said: "We are delighted to be making progress on the Tunis Bay project and to announce this important step today with such attendance from prominent officials and respected members. The appointment of Soroubat is an essential step to progress with forward momentum for the development of the project and to fulfill its objective of becoming the financial gateway connecting Europe, the Middle East and Africa and in turn assisting Tunisia's emergence as a leading hub for commercial and leisure tourism." Mr. Alrayes continued "we have strong continuous faith in the project and in Tunisia's economy and growth potential and anticipate that investment momentum will continue ascending throughout the foreseeable future

Also commenting, Mr.Lotfi Ezzar, CEO of TBPC, said, "We're pleased to welcome Soroubat on board the project, as they are perceived to be one of the leading contractors in the country and we are looking forward to beginning with Phase I and moving effectively towards the development of what will be a landmark project and destination in Tunisia which will help position us as the financial hub for North Africa and support our national goals of further diversifying the economy and building on the country's strong foundations.



Tunis Bay Project “ TFH is to be built across 523 hectares, aims to be the first world class offshore financial centre in North Africa. This vision is supported by its strategic position on the Mediterranean just 25km north of Tunis and only 15km from Carthage International Airport. TFH's location and its infrastructure will offer easy access for skills, knowledge and investment capital to flow from within the region and from international markets into Tunisia and Africa. In addition to a business hub, TFH has been master planned to serve as a modern urban environment where residents and their families can live and work. Once fully developed, TFH will feature Residential and Retail spaces, an 18 hole championship golf course, a beach community, Souk, Marina and Shopping malls as well as a Business university, which will together create 16,000 jobs and accommodate 110,000 residents


About Tunis Financial Harbour
Tunis Financial Harbour

 


MENAFN Press




  MENA News Headlines
 Nov 23 2014 - Qatar- Saudi Deputy FM Receives Copy of Credentials of Qatar's AmbassadorQatar News Agency
(MENAFN - QNA) Saudi Deputy Minister of Foreign Affairs Prince Abdulaziz bin Abdullah bin Abdulaziz Al-Saud received a copy of credentials of HE Sheikh Abdullah bin Thamer Al-Thani as Qatar's ...

 Nov 23 2014 - Qatar- HE Prime Minister Holds Talks with Algerian CounterpartQatar News Agency
(MENAFN - QNA) HE the Prime Minister and Minister of Interior Sheikh Abdullah bin Nasser bin Khalifa Al-Thani and HE the Prime Minister of Algeria Abdelmalik Sellal on Sunday co-chaired the 5th ...

 Nov 23 2014 - Qatar Takes Part in 31st Meetings for GCC Labor and Social Affairs MinistersQatar News Agency
(MENAFN - QNA) Qatar will take part in the 31st meetings for GCC Ministers of Labor and Social Affairs which will be held from 24 to 25 November in Kuwait. HE the Minister of Labor and Social ...

 Nov 23 2014 - Kuwait- Parliament Speaker Meets Tajik FMQatar News Agency
(MENAFN - QNA) Kuwaiti National Assembly Speaker Marzouq Ali Al-Ghanem met here on Sunday the visiting Minister of Foreign Affairs of the Republic of Tajikistan, Sirodjidin Aslov. Talks between ...

 Nov 23 2014 - OPEC won't cut production ceiling say Kuwaiti expertsArab Times
(MENAFN - Arab Times) KUWAIT Nov 22 (KUNA): The Organization of Petroleum Exporting Countries (OPEC) will not likely lower oil production ceiling in its upcoming Nov 27 meeting two Kuwait oil experts ...

 Nov 23 2014 - KFH unit Kuveyt Turk wins awardArab Times
(MENAFN - Arab Times) ISTANBUL Nov 18 (Agencies): Kuveyt Turk won GFC Global Financial Conferences' Bonds & Loans Award for Islamic Capital Markets Deal of the Year at Esma Sultan Palace last ...

 Nov 23 2014 - Qatar- HH the Emir Meets Uruguay AmbassadorQatar News Agency
(MENAFN - QNA) HH the Emir Sheikh Tamim bin Hamad Al-Thani met today at his Emiri Diwan Office with Ambassador of the Republic of Uruguay Jose Luis Remedi whose term of office has expired At the ...

 Nov 23 2014 - Somalia's Culture Minister Meets Charge D'affaires of Qatar's EmbassyQatar News Agency
(MENAFN - QNA) Somalia's Minister of Culture and Higher Education Duale Adam Mohammed conferred with Charge D'affaires of Qatar's Embassy in Somalia Hasan bin Hamza Asad Mohamed. The meeting ...

 Nov 23 2014 - Qatar- Foreign Minister's Assistant Meets Vietnamese CounterpartQatar News Agency
(MENAFN - QNA) HE the Foreign Minister's Assistant for Foreign Affairs met here on Sunday with Vietnamese Deputy Foreign Minister Pham Quang Vinh. The meeting dealt with bilateral ties and means to ...

 Nov 23 2014 - Law protects 'expatriates'Arab Times
(MENAFN - Arab Times) KUWAIT CITY Nov 21 (KUNA): Director- General of the Public Authority for Manpower Jamal Al-Dosary on Thursday reaffirmed commitment of the authority to protect expatriate ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help