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[BUSINESS] · Tunisia · 4 sources

Tunisia Advances Sustainable Growth with Investment Code Reform, Renewable Energy Push, and Tourism Partnership

Tunisia is revamping its legal framework to spur productive investment. A revised Investment Code, currently in article‑by‑article vote, aims to simplify procedures, digitise the investment system and attract both domestic and foreign capital. Officials say the reform targets a 3.3 % GDP growth in 2026 and an investment volume of 29.9 billion dinars. Commission chair Saber Jelassi highlighted the need to align legislation with global economic shifts, while adviser Khalil Lâabidi stressed that the code is intended to reconcile a cash‑strapped state with a wary private sector.

In parallel, the country is urging a faster rollout of renewable‑energy projects. Academic Noômane Fehri called for accelerated implementation of five new photovoltaic plants totalling about 600 MW and better coordination among ministries and civil‑society actors. The initiative "Terramed" seeks to contribute to a Mediterranean target of one terawatt of clean energy by 2035, reflecting Tunisia’s commitments under the Paris climate agreement.

The tourism sector also joined the sustainability drive. The National Tourism Office signed a cooperation agreement with the Global Sustainable Tourism Council, pledging to adopt international sustainable‑tourism standards and to develop accreditation capacities. The pact supports Tunisia’s bid to become Arab Tourism Capital 2027 and emphasizes a "human‑first" approach, aiming to improve service quality, protect cultural and natural heritage, and boost environmentally‑responsible tourism.

Together, these measures represent a coordinated effort to modernise the economy, create stable jobs and position Tunisia as a greener investment destination.