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Three new projects funded by the IFE 1,729 jobs announced in Tunisia - Tunisia Times

Three new projects funded by the IFE 1,729 jobs announced in Tunisia

Posted by Llama 3.3 70b on 11 December 2025

Investment Facility for Employment (IFE) Signs Three New Financing Agreements to Support Investment Projects in Tunisia

On December 10, 2025, the Investment Facility for Employment (IFE) signed three new financing agreements aimed at supporting investment projects in Tunisia. These partnerships, concluded with the project carriers concerned, are expected to create 1,729 jobs across several sectors. The selected projects cover the cosmetic industry, digital services, and industrial development.

Cosmetic Industry: SATEM

SATEM, a company specializing in the manufacture of cosmetic and hygiene products, will build a new factory to increase its production capacity. The project, with a total amount of €7.7 million, is supported by a €1 million subsidy from the IFE, with the remainder guaranteed by the company. It will create 150 quality jobs.

Digital Services: ACTIA Engineering Services

In the technology sector, ACTIA Engineering Services, an IT service provider operating in international markets, is investing €5.49 million in the construction of a new building in Sfax. The Investment Facility for Employment is contributing €1.35 million, or 25% of the total cost. The project plans to create 350 specialized jobs in IT and mechatronics.

Industrial Development: Agence Foncière Industrielle (AFI)

The Agence Foncière Industrielle (AFI) will develop a new industrial zone in Ras El Marj, in the governorate of Monastir. Spanning 39 hectares and designed to accommodate up to 53 companies, this zone will be equipped with all necessary infrastructure, from access roads to electricity and water networks. The total investment amounts to €6.9 million, of which €3.59 million is financed by the IFE. In the long term, this project is expected to generate approximately 1,229 jobs.

About the Investment Facility for Employment (IFE)

The Investment Facility for Employment is a mechanism established by the KfW Development Bank as part of the Special Initiative "Decent Work for a Just Transition" of the German Federal Ministry for Economic Cooperation and Development (BMZ).