Rescue of Tunisian Sugar Company focus of meeting between President Saied, Trade Minister and Company CEO


President Kais Saied stressed the need to take urgent measures to save the Tunisian Sugar Company, as he met on Wednesday at the Palace of Carthage Minister of Trade and Export Development, Kalthoum Ben Rejeb Guezzah, and CEO of that company, Mohamed Bahri Gabsi,

He also stressed the need for a programme to be drawn up as soon as possible to put an end to the fragmentation of the company, both in terms of its management and in its relations with a number of other companies, such as the Tunisian Sugar Complex and the Office of the Merchant Marine and Ports.

The Presidency said in a statement that the Head of State reviewed at this meeting “the reasons that led to this situation, in particular the intervention of a number of people now wanted by the judiciary in the takeover of a number of state companies and institutions, especially in the early 1990s, which saw this type of acts under the name of upgrading companies and institutions.

President Kais Saied noted that the so-called upgrading was aimed at ben
efiting a number of people whose names are repeated in many other companies and institutions and who are still hoping to maintain these privileges that they have received unfairly.

The President of the Republic reiterated that the State will not abandon state enterprises and institutions, but will work to reform them and eliminate all the causes that led to the current situation. It will not hesitate to call to account all those who have contributed to their bankruptcy, he added.

On the other hand, the President of the Republic stressed the need for harmony between all the parties concerned to save the Tunisian Sugar Company, because the state has a single policy and all efforts must be integrated in the same direction.

On Tuesday, President Kais Saied visited the Beja governorate and spoke with the workers of the Baja sugar company, stressing that he will work to make the company better than it was and that it is a national asset that will not be wasted.

It should be noted that the Beja Sugar Company, fo
unded in 1961, has experienced several difficulties and crises in the last decade, due to the deterioration of its equipment, its financial situation, the accumulation of debts and frequent production interruptions, and the fire that broke out in its warehouses in 2017, which led to significant losses and aggravated its financial situation.

Source: Agence Tunis Afrique Presse