The Tunisia Investment Authority (TIA) held its 19th Strategic Council meeting on Wednesday, November 13, 2024, chaired by TIA president Namia Ayadi. The debate focused on how to turn Tunisia into a regional talent hub.
During this session, international expert Luke Tay presented Singapore’s economic model, highlighting the efficient reforms that have transformed the country into a key hub for investment and trade.
Singapore’s strategic priorities include macroeconomic stability, modern infrastructure development, continuous talent development, and harmonious relations between government, business and labour.
Its policies aim to attract multinationals in priority sectors such as ICT, pharmaceuticals and semiconductors, while strengthening innovation, R&D and sustainability.
Discussions highlighted the importance of drawing inspiration from the Singapore business model to improve the investment framework in Tunisia, with a focus on legislative stability, future-oriented occupations and attracting talent.
Recommendations were formulated to stimulate economic growth and boost investment and trade, drawing inspiration from the Singapore economic model while adapting it to the Tunisian context.
This model puts people at the heart of public policy, with an efficient education system, well-developed health services and investment in human resources for the future.
It was also recommended to ensure legislative stability while incorporating a degree of flexibility in the evaluation of public policies, in order to respond to the rapid changes in the global economy and to give priority to sectors with assets and comparative advantages.
Only under these conditions can Tunisia truly become a regional talent hub, which it is far from being yet.
TunisianMonitorOnline (NejiMed)
