Bahrain-based GFH said that construction on the $3 billion project Tunis Bay are progressing as per set schedule as the infrastructure works are near completion.
Tunis Bay held a recent event on the occasion of Tunisia 2020 International Forum which was attended by many world leaders.
Tunisia is poised to receive $14 billion in aid from Arab and other foreign countries to support its national economy.
The chief executive of GFH Financial Group “Hisham Al Rayes” expressed his extreme delight with the project’s status saying that Tunis Bay will be a premier destination in Tunisia by offering top-class infrastructure combined with various facilities.
The total development cost of Tunis Financial Harbor project is estimated at $3 billion. It spans over 523 acres in Tunis and it’s developed in four interrelated phases.
Tunis Financial Harbour will support Tunisian economy in many different ways by stirring up job creation rate, increasing inward investment, and developing capital markets.
It’s worth mentioning that GFH is one of the significant financial groups in the region. Its operations are focused in many areas around the world like GCC, North Africa, and India.