€3.6 Million Co-Financing Agreement for Ras El Marj Smart Industrial Zone
A co-financing agreement worth €3.6 million (approximately 12 million dinars) has been signed with the German Development Bank (KfW) for the development of the new Ras El Marj smart industrial zone in the Monastir governorate. This project is expected to create at least 1,300 direct jobs.
Signed on December 10 by the Industrial Land Agency (AFI) under the German Investment for Employment (IFE) mechanism in the form of a grant, this agreement aims to equip the 39-hectare zone with modern and sustainable infrastructure. The site will be equipped with road networks, wastewater and stormwater treatment, electricity, drinking water, and fire protection. It will also integrate cutting-edge digital equipment: fiber optic, high-speed internet, and an intelligent and energy-efficient public lighting system.
This project is part of the support for Monastir's industrial infrastructure and the strengthening of its competitiveness on the national investment map. Designed as a new-generation, smart, and sustainable industrial zone, Ras El Marj is based on an environmental approach focused on energy efficiency and digital transformation.
According to the AFI's Facebook page, this initiative strengthens the region's attractiveness for foreign investments, contributes to reducing unemployment, and improves local development indicators. It is part of the agency's policy to establish international partnerships and mobilize innovative financial resources for its role in industrial development, employment support, and investment promotion.
