Tunisia Sponsored by FIPA Tunisia
Why Us
A competitive economy
Tunisia is the most competitive economy in Africa and 29th out of 128 developed and emerging countries in terms of Growth Competitiveness Index, noted the Africa Competitiveness Report 2007, last June in Cape Town in South Africa.
Tunisia’s competitiveness is also underlined in studies carried out by internationally acclaimed consulting firms that have concluded that Tunisia offers the best overall profitability in the region, with competitive operating costs.
A dynamic growth
The average growth rate is 5% per year (constant prices); five times that of demographic growth. This has led to a major increase in Tunisians purchasing power, with per capita GNP (expressed in terms of purchasing power parity) doubling in just 10 years to the current level of $6,850.
Inflation has also been monitored below 3% on average, thanks to strengthening of rules governing competition and ongoing increases in productivity
A preferential access to European market
Located on Europe’s doorstep just 140 kilometres from Sicily, Tunisia continues its age-old tradition as a crossroads for trade and a meeting place where cooperation and friendship with Europe, Africa and the Middle East flourish.
Just a two hours flight from major European cities, Tunisia is preferred destination for those looking for access to the world’s number one market: Europe. Tunisian and European association and free trade agreement, signed in 1995, provides a exemption from duty and levies as well as quotas for Tunisian industrial products entering the European market and preferential treatment for agricultural products.
High level skills at competitive costs
Tunisia has given priority to development of human resources providing free access to knowledge. Today one out of four Tunisians is involved in general education or professional training. For a very competitive wages Tunisian engineers are acknowledged to be of an international level.
The vocational training system currently turns out more than 20,000 graduates, including 2,000 higher technicians.
An innovative and knowledge based economy
Tunisia accounts 25,445 researchers in 2006 (vs. 17,725 four years ago), 30 research centres, 139 laboratories and 624 research units. Public expenditure for R&D accounts for 1.07% of GDP.
Tunisia has spared no effort to boost investment in knowledge and to adapt the educational and training to provide the skills required on the job market and to strengthen the spirit of initiative, creativity and innovation. Thus scientific programs, pedagogical content, short-term courses in higher education and long-term courses targeting professional qualifications are expanding every year.
According to the 2006-2007 report on ICT released by the WEF, Tunisia is ranked first in Africa and 35th out of 125 countries according to the Networked Readiness Index “NRI”, well ahead of several industrialized countries such as Italy and Greece. Tunisia is also ranked 31st out of 125 countries for its innovation capacity.
Young and multilingual graduates and the increasing number of technology parks offer an undeniable advantage for companies working in intellectual services.
A pleasant and modern lifestyle
Tunisia offers not only an ideal framework for successful operations in full security but also exceptional living conditions ad recreational and leisure facilities. The country is well equipped in tourist infrastructure: 800 hotels of all categories, almost 228 upscale restaurants, six marinas, eight golf courses and spas throughout the country’s tourism zones that meet the highest international standards.
Aside from its mild climate and varied landscapes, Tunisia has all the structures and facilities necessary for foreign investors to live comfortably and to feel at home.
Tunisia’s capital and towns offer a quality of life exceptional.
