GFH launches $3bn mixed-use development in Tunisia

March 12, 2014 11:09 am

Bahrain-based Gulf Finance House (GFH) has announced that construction is to start on Saturday on the company’s $3bn financial park and property development in the Tunisian capital, a project that had been suspended for five years, Gulf Daily News has reported. The Tunis Financial Harbour project will have a corporate centre, an investment banking and advisory centre, and an insurance area, as well as homes, offices, a golf course, a business school and trade centres. The project was scheduled to begin in 2009, but financial difficulties at the Islamic bank and Tunisia’s 2011 uprising froze several large-scale projects.