Tunisia's 1994 investment code substantially improved and standardized incentives for foreign investors. Nevertheless, several aspects of existing tax and labor law remain impediments to efficient business operations. In order to develop its energy sector further, Tunisia needs to continue the privatization which it began a decade ago, attract increased foreign investment, and improve government efficiency. Foreign firms in Tunisia stress the need for more transparency and less delay in government decision-making, and for an improvement in the quality, price, and availability of telecommunications services. Tunisia is discussing with Malta the commercial exploitation of the continental shelf between their two countries, particularly for oil exploration.
American firms have a solid presence in power generation in Tunisia.
Updated August 1998 Back to Energy Sector in the Middle East and North Africa Back to Energy Division home page.