With the partnership of the Tunisian Sovereign Wealth Fund, Doğan Geothermal Group will build a 1,000-apartment resort, a physical therapy and rehabilitation center, as well as a shopping mall providing a timeshare system in the southern city of El Hamma.
The delegation headed by Yasin Aktay, an adviser to Turkey’s ruling Justice and Development (AK) Party, and Mehmet Ali Doğan, the head of the company, have already conducted a preliminary site assessment as well as discussing the details of the project and the partnership protocol.
The delegation also held a working meeting with Tunisian Minister of Development, Investment and International Cooperation Ziad al-Athari on the incentives of the Tunisian government for the foreign investments.
“Tunisia is a country that offers significant incentives to foreign investors,” Aktay told Anadolu Agency (AA).
He said Tunisia is endowed with rich thermal resources, adding that the project has emerged upon receiving an offer from Tunisia.
Aktay stressed that El Hamma has a market that will appeal to Libya and Algeria due to its geographical proximity to both countries.
“Similar investments will continue in the capital Tunis,” he added.