Japan establishes committee to assist investors in Tunisia

Japan establishes committee to assist investors in Tunisia

The Japanese ambassador to Tunisia Monday announced the launch of a committee tasked to boost investments and assist Japanese investors in overcoming challenges, mainly administrative red tape.

Shinsuke Shimizu made the announcement during a press conference at the chamber of commerce of the North African country, in the build up to the 8th Tokyo International Conference on African Development (TICAD) summit planned to take place next weekend.

Tunisia is expecting to lure $2.7 billion in term of investment for a number of development projects estimated at $3.1 billion.

The committee, according to the Japanese diplomat, will assist Japanese investors to circumvent various challenges, administrative red-tape in particular.

The TICAD 8 conference is taking place on August 27-28 and will bring dozens of Japanese investors to Tunisia. The event has received a blow as Japanese Premier Fumio Kishida is set to miss it after he contracted COVID-19. Kishida is in isolation until August 30.

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