ELEC.& MEC. IND. II

closed

Closed

The Second Electrical and Mechanical Industries Project will assist the Government of Tunisia in continuing the development of Tunisia's electrical and mechanical industries (EMI) through a $50.0 million equivalent line of credit to BDET, BTKD and STUSID, enabling these banks to make subloans for eligible EMI projects. The Second Electrical and Mechanical Industries Project will also provide an equipment and technical assistance package of $2.1 million equivalent to CETIME to enable this institution to expand its services to entrepreneurs in the mechanics, metal tools for foundries and electronics subsectors. It will also provide testing and control equipment and technical assistance for $1.9 million equivalent to INNORPI to enable this institution to expand its services from technical standards formulation to testing and certification of instruments and equipment. The project will assist in the continuing development of EMIs, increasing output, job availability and foreign exchange earnings, and will strengthen three development banks, CETIME and INNORPI.

World Bank Group

Project

Metal, Government