Tunisian authorities allowed Jean-Pierre Raffarin a first peek at their privatization program for this year. Tunisia’s hopes for the sell-off to try to save the heavily-indebted companies !
No less than 24 companies or entities will be “offered” to the frenchies. Some are of great interest such as the sale of a 33.54% stake in Tunisia’s Banque du Sud, BNP Paribas wanted to merge Banque de Sud with the Union Bancaire du Commerce et de l’Industrie scared off the authorities.
Tunisian government stakes will be sold in the Skanes Palace International, Hotel Boujaafar Sousse, Sousse Palace and Residence Club Skanes. 76.3% of Magasin General will also be sold. Societe Tuniso-Algerienne de Ciment Blanc, Societe Nationale de Distribution de Produits Petroliers (35% of its equity), the Societe Tunisienne de l’Industrie des Pneus (51.9%), Societe Tunisienne d’Industrie Automobile, Societe Tunisienne de l’Industrie Laitiere (80%), Societe Tunisienne du Platre and Societe Tunisienne des Industries Electriques et Mecaniques…
It seems that the entire Tunisia is for sale, to the french major corporations !
And is there in France people tell about US imperialism…?
UPDATE:
TIMELEC, a French export company belonging to the Socomec group, has set up operations in the industrial zone of Chebedda in Tunisia. Nief Plastique that works with Timelec, has done likewise.
