Gulf Finance House has announced that the Tunis Financial Harbour has started the prequalification process for prospective contractors.
This comes after an announcement made by the Government of Tunisia in support of the TFH project, allocating Tunisian Dinar 50 million to the completion of major and strategic infrastructure works in relation to access and roads ?to TFH.
Included in the master plan are a variety of residential and leisure facilities including a marina, a residential complex with luxurious villas and an 18-hole championship golf course.
The Bahrain-based Islamic investment banking major, Gulf Finance House (GFH), and the Tunisian government have announced the launch of a $3 billion North Africa’s first offshore financial center as part of Tunis Financial Harbour. The mixed use waterfront development will provide the physical infrastructure for the planned offshore financial center.
The formal announcement was made by the GFH senior management and the governor of the Tunisian Central Bank on the sidelines of a reception for financial services institutions and policy specialists held in Washington, DC held during the International Monetary Fund’s (IMF) annual meeting. Both parties’ briefed attendees on the project as well as the development of Tunisia’s financial services regulatory environment.