Friday, January 9, 2009

Bahrain firm plans $3 bln Tunisia telecoms park

TUNIS, Jan 8 (Reuters) - Bahrain's Gulf Finance House
GFHB.BH (GFH) plans to build an IT and telecoms business park
in Tunisia worth $3 billion, Tunisian official news agency TAP
said on Thursday.

"Gulf Finance House is planning to invest $3.0 billion to
finance the project of Tunis Telecoms City," TAP reported.

The site would contain an international telecoms university,
an IT development centre and a park dedicated to multimedia and
content creation.

It would also include homes, offices and leisure centres and
is expected to create about 26,000 jobs, TAP said.

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