Tunis 29 & 30 November Executive summary 19/07/ :43

Transcription

1 Tunis 29 & 30 November 206 Executive summary 9/07/206 6:43

2 Tunisia The New Development Plan Public & Private Projects Good governance, administrative reform and fight against corruption Transition from a lowcost economy to an economic hub Human Development and Social inclusion Realizing the ambitions of the regions The green economy, a pillar of sustainable development

3 Tunisia The New Development Plan 2

4 OBJECTIVES CHARACTERISTICS Development Plan Overall Framework First development Plan of the Second Republic Participative approach at the different stages of the Plan ( participants) Positive discrimination among regions, guiding principle for the arbitration task (70% of projects value to the 0% peoples of Tunisia living in less developed regions by RDI) Implement the New Vision of Tunisia set by the Orientation paper Establish the new development model that combines : Efficiency Fairness Sustainability 7

5 Towards a New Development Model Speed up the implementation of good governance & fight against corruption From a low-cost Human development Fulfilling the ambitions economy to an economic hub & social inclusion of the regions Green economy a driver of sustainable development Develop a diversified economy with high employment content Promote Investment & Improve business climate Improve export capacities & further integration into the world economy Promote digital economy as a vector of development Improve living the living conditions conditions Enhance the efficiency of social Enhance policies the efficiency of social policies Boost complementarity between Boost complementarity Education System and components harmonisation among components of the Strengthen the spirit of citizenship education system among and youth inculcate the spirit of citizenship in youth Strengthen the capacities of the regions and enhance enhancing their attractiveness Improve living conditions at the local and regional levels Reduce disparities and interconnecting the the regions regions Implement the principle of positive discrimination Improve and adapt the regional development funding system Guarantee Achieve food food security Manage Fair land land management use planning fairly respectful and respectfully of ecological of ecological balances balances Optimize Optimise natural resources management Protect the environment Use clean production and consumption methods Mitigate the risks of natural and technological disasters Build Establish the the framework foundations of of decentralization decentralisation 7

6 Recent Reforms Banking Law Establish a modern banking system Boost confidence in the banking system Preserve financial stability and protect against financial and economic crises Public-Private Partnership (PPP) Diversify financial resources to develop infrastructure and boost investment Enhance the private sector s role in the economy Tax System Introduce a modern tax system Introduce new tax incentives Reduce public debt Competition Law Regulate market concentration Challenge monopolistic practices Regulate price and advertising display Establish the competition authority Renewable Energy Enhance sustainability Attract private investors Allow exportation of renewable energy Organize a national plan for electricity generated by renewable sources Anti-Terrorism Reinforce Anti-Terrorism measures Restore investor and consumer confidence 3

7 Upcoming Reforms A New Vision For Economic and Social Development Consolidate Macroeconomic Stability Reform Public Institutions Promote Financial Intermediation Improve Business Climate Fiscal Policy Prioritize capital spending Reduce public debt Monetary Policy Contain inflation Exchange Rate Policy Withstand important shocks Civil Service Reform Improve public service efficiency Introduce a Special status for Senior Public Servants Act against corruption Contain the wage bill Energy Subsidy Reform Strengthen the social safety net State-Owned-Enterprises (SOEs) Reform Improve governance Strengthen public financial management and transparency Boost revenues Reduce fiscal risks Banking Law Establish a modern banking system Strengthen the banking system resilience Central Bank of Tunisia Plan Introduce internal risk rating system Financial inclusion Strengthen financing or microfinancing for SMEs Develop private credit bureaus Revise the law on excessive lending rates New Investment Code Improve business environment Reduce barriers to entry Protect investors rights Simplify taxes and business formalities Labor Market Reforms Build a national employment strategy Reform vocational training Other reforms Remove long-standing structural obstacles to private sector development 4

8 New Investment Code Outlines A New Code to Foster Investment Market Access Remove structural obstacles Reduce the specification note revision Shorten authorization delays Ability to recruit an increasing number of executive staff Guarantees and Obligations Facilitate dividend repatriation Indicate refusal reasons Property Law Arbitrage procedures Encouraging Investment Mechanism and Structure Investment incentives Specific aids (60% granted at 40% of investment cost and the rest upon completion) Tax exemption (up to 0 years) Needed external infrastructure built and financed by the State Public Structures Higher Council of Investment Tunisian Authority of Investment Tunisian Investment Fund

9 Macroeconomic Overview (% At constant prices) GDP growth. Private consumption Growth 3.7 Public consumption Growth 4.2 Investment Growth Income per Capita (in Dinar) Savings rate (% GNAI ) 2. Current account deficit ( % of GDP) 8.9 Inflation rate ( Average annual rate )

10 Tunisia Public & Private Projects 6

11 Public & Private Investment Good governance, administrative reform and fight against corruption Transition from a low-cost economy to an economic hub Human Development and Social Inclusion Realizing the ambitions of the regions The green economy, a pillar of sustainable development Infrastructure and Transportation Energy and sustainable development Global Inclusion State and State-Owned Entreprises Projects 40% Total Investment sought by 2020: $60bn Private Sector Projects 60% 7

12 Infrastructure and Transportation Projects PROJECT TYPE Port Construction / Revamping Logistic Zone Projects Industrial Area Projects Tunis 8 0 Sfax PROJECT NAME 3 4 Enfidha Deep Water Port, First phase Tunis-Kairouan-Sidi Bouzid- Kasserine-Gafsa A Highway Le Kef A3 Highway Sfax Metro Project COST() Kasserine, Sidi Bouzid and 0 Gafsa a Highway Bridge Project Metro Project Planned Railway Bizerte Bridge Project Sousse-Kasserine Railway Line Rades Deep Water Port Terminal Extension Zarzis Logistic Zone Zaghouan Logistic Zone Total Investment $4bn Old Highway Mateur-Tabarka Railway Line 40 2 Tunis-Kasserine Railway Line 20 New Highway 3 Jandouba-Bousalem A3 Highway 20 New Express Roads 4 Radès Logistic Zone 00 Gabès-Medenine Railway Line 00 Future Highway 8

13 Energy and Sustainable Development Projects PROJECT TYPE Steam Combined Cycle Plant 7 Tunis 3 PROJECT NAME Tunisia-Italy electricity Interconnection COST() 680 Combined Cycle Power Plant 2 Sekhira Steam Combined Cycle Plant 30 Technical Acid Production Plant 2 3 Ben Arous Combined Cycle Plant 30 Wind Power Plant Sfax 4 4 Sfax Seawater Desalination Plant 300 Solar Power Plant Nafta-Tozeur Phosphate Field Ktef Wind Power Plant Total Investment $2.4bn Seawater Desalination Plant 7 Menzel Abderrahman Wind Power Plant 20 Phosphate Field 8 Tbaga Wind Power Plant 0 Power Interconnection Project 9 Gabès Desalination Plant 00 Oil Pipe Line Project 9 Gabès Technical Acid Production Plant 90 Green Economy Program (Sanitation and Sewage) 0 Solar Power Plants 70 9

14 Global Inclusion Projects HEALTH 60 3 CHILD CANCER HOSPITAL IN TREATMENT MANOUBA CENTER IN 3 TUNIS REGIONAL MULTISERVICE HOSPITAL IN BEJA REGIONAL REGIONAL MULTISERVICES HOSPITAL IN KAIROUAN MULTISERVICES HOSPITAL IN GABES NEIGHBORHOOD RENOVATION AND INTEGRATION 320 INTEGRATED DEVELOPMENT PROGRAM HOUSING 300$ M THE 2 nd PROGRAM OF AFFORDABLE HOUSES REGIONAL DISPARITIES MUNICIPAL INVESTMENT PLAN DIGITAL TUNISIA REGIONAL DEVELOPMENT PROGRAM SILIANA OUED TESSA DEVELOPMENT PROJECT BIZERTE ZAGHOUAN DEVELOPMENT PROJECT KAIROUAN MAHDIA DEVELOPMENT PROJECT 0 9 AGRICULTURE Total Investment $3.9bn 40 EQUIPMENTS FOR THE UNIVERSITY INSTITUTIONS TUNISIAN GERMAN UNIVERSITY OF TUNIS 80 DIGITAL SCHOOL PROJECT SFAX SPORTS CITY 0 3 KASSERINE NATIONAL SPORTS TRAINING FACILITY OLYMPIC SWIMMING POOLS 0 EDUCATION SPORTS 0