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We have endeavored, throughout the two decades, to introduce numerous structural reforms into our economy. We have acted to develop and modernize this economy, and to provide it with the attributes of strength and efficiency, so that it can evolve up to speed with the rhythms of the world economy and meet the challenge of competitiveness and exports. Thanks to these deep reforms, we have managed to achieve positive results in terms of economic development, as reflected by the countrys continuous pace of growth, and as testified by specialized institutions and bodies around the world. We have achieved this success despite our limited national resources, and despite the difficulties resulting from the globalization of economy and price fluctuation on the world market. Excerpt from a speech by the President of the Republic, Zine El Abidine BEN ALI - March 20th, 2009
Tunisia in a nutshell A competitive economy that works well Tunisia at the crossroads of continents
10 A knowledge-based society 12 A dense and modern infrastructure 14 A favorable business environment 16 An attractive site for investment 18 A country where you can enjoy life 20 FIPA-Tunisia
Bizerte Tabarka Beja Jendouba Zaghouan El Kef Siliana Enfidha Kairouan Kasserine Sidi Bouzid Sfax Gafsa Skhira Gabes Tozeur Kebili Mednine Tataouine Jerba Zarzis El Djem Sousse Monastir Mahdia
Main cities
Denmark Ireland Great Britain Netherlands Belgium Germany Poland Czech Republic Austria Hungary
Paris
France
Francfort
Switzerland
Spain Portugal
Corsica Sardinia
Italy
Turkey
Tunisia Tunisie
Libya
Tunisia
Geographic location
Area Location Climate Time zone Capital Main cities
in a nutshell
162,155 km2 North Africa, 140 km from Italy 1,300 km of coastline along the Mediterranean Mediterranean GMT + 1 Tunis (2.4 million inhabitants in the city & suburbs) Sfax, Sousse, Bizerte, Nabeul, Gabes, Kairouan, El Kef, Jendouba, Beja...
Population
Population Working population Middle class Annual income per capita Life expectancy Official language Languages commonly used 10,434,000 inhabitants 47.3% of the overall population 80% 5,142 TND 74.3 years Arabic French, English, Italian
Institutional framework
System Administrative divisions Presidential 24 governorates, further subdivided into delegations
Currency
Tunisian dinar (TND) TND 1 = 1,000 millimes
Exchange rate
Average rate for 2009 TND 1 = Euro 0.532 = US$ 0.741
Key figures
2009 GDP (in million TND) Exports (in million TND) Investment rate (% of GDP) Savings rate (% of GNAI*) Budget deficit (% of GDP) Rate of external indebtedness (% of GNAI*) Debt service ratio (% of current receipts)
*GNAI: gross national available income (E): estimated Ministry of Development and International Cooperation, Economic Budget 2010
A competitive economy
that works well
A competitive economy Thanks to its proximity to Europe, its socio-political stability, its highly skilled human resources and its effective integration into the Euro-Mediterranean area, Tunisia features several advantages making it a real success story in the Mediterranean area.
It is quoted as a model of economic success by international institutions and is awarded first rate rankings in terms of competitiveness across the African and Southern Mediterranean area.
The Global Competitiveness Index
Tunisia is ranked
Africa according to the Global Competitiveness Report 20092010, released by the Davos World Economic Forum and 40th out of 133 developed and emerging countries in terms of global competitiveness.
Rank 7 16 18 33 40 48 61 70 73
Country Germany France Belgium Spain Tunisia Italy Turkey Egypt Morocco
Score 5.37 5.13 5.09 4.59 4.50 4.31 4.16 4.04 4.03
A diversified economy enjoying ongoing growth For a decade, Tunisia has been characterized by a sustained and continuous growth. Thus, despite the persistent instability of the global economy, Tunisia is pursuing its commitment to diversity and to building an economy based on knowledge and on technology intensive activities. The 2008 global crisis has not, however, prevented Tunisia from recording a growth rate of around 3% in 2009 and which should reach 4% in 2010. The services sector and the manufacturing industries account for 42.7% and 17.6% of GDP respectively.
GDP structure factor costs in 2009 In %
11.0
Low inflation Over the last five years inflation has on average been kept at 3.6% thanks to the strengthening of rules governing competition and to continuous improvement in productivity. Hence, despite fluctuation in oil and food prices on the international level in 2008 and 2009, the inflation rate was kept at 5% and 3.7% respectively.
Trends in the inflation rate In %
4.5 2006
Agriculture & fishing Non manufacturing industries Manufacturing industries Tourism Transport
17.6
35.1
17.4
3.7 2009
An economy open to the world In 2009, exports of goods and services accounted for 50% of GDP. They recorded a drop of 6.5% at constant prices under the effects of the crisis prevailing in the countries of the EU; Tunisias main trading partner. This decline affected mainly the exports of goods (mechanical and electrical products, textiles and energy). Exports of services (notably tourism) recorded a slight increase. However, Tunisian exports remain diversified and are no more directly dependent on basic commodities (oil, phosphates). The mechanical and electrical industries remain the largest exporting branch (20.2%) followed by textiles (19.7%).
The business has survived quite well in 2009. The fall in exports to Europe was partially offset by the resilience of the tourism sector and production increases in the sectors of mining (iron, phosphate) and energy (oil). Domestic demand was supported by public investment and by household consumption boosted by a wage revaluation in the public and private sectors.
The French Insurance Company for Foreign Trade COFACE, 2009
A low-risk economy Tunisia has been awarded an investment rating by financial institutions and rating agencies since 1994.
Tunisias rating in 2009
US agencies
IBCA R&I
Tunisia
A strategic position Less than three hours flying time from major European and Middle East cities, Tunisia is a preferred destination for those seeking a foothold in this 800 million consumer market.
Regular service European and Middle Eastern markets are easily accessible through: nine airports and 124 foreign airlines providing more than 1,400 weekly flights to Europe;
Average frequency of flights per week
Tunisia is the
Mediterranean shore to join, since January 2008, the Free Trade Area of the European Union.
Country France Italy Germany Belgium United Kingdom Switzerland Spain Morocco United Arab Emirates Egypt Saudi Arabia
The Tunisian Civil Aviation and Airports Authority, 2009
the existence of several ports and a modern maritime fleet to meet the requirements of security and speed. The diversity of activities of these ports, their complementary role and their location allow for the accommodation of all types of ships and for processing all kinds of goods. More than 8,000 vessels are accommodated annually. The shipping of goods reached 31 million tons in 2009;
Frequency of regularly-scheduled shipping lines for transport of merchandise (Port of Rades) per week
City Marseille (France) Genoa (Italy), Valetta (Malta) Valencia and Barcelona (Spain) Livourna (Italy) Gioia-Tauro, Pozzalo, Cagliari, Laspezia and Trapani (Italy)
Merchant Marine and Ports Office, 2009
Frequency 7 5 5 2 1
one of the best telecommunication networks in Africa. Indeed, 33.3% of the population uses the Internet, with 381,982 subscribers in 2009 compared to 128,352 in 2007. The total telephone density per 100 inhabitants is 105.2%.
Free access to the European Union market The European Union is Tunisias primary economic and commercial partner. From January 1st, 2008, Tunisia was the first country of the southern Mediterranean shore to join the Free Trade Area of the European Union, opening hence the door of a market of more than 500 million consumers. Tunisian exports to the European Union market experienced a remarkable evolution. Their share in total exports increased from 51% in 1976 to 73.8% in 2009. Industrial goods represent about 80% of total exports to the European Union.
Tunisia is the leading industrial exporter in the southern shore of the Mediterranean to the European Union according to the survey National Industrial Strategy by 2016, issued by Ernst & Young in 2008.
Ongoing integration of the Maghreb and Arab markets Tunisias exports to Maghreb and Middle Eastern countries have tripled over the past five years rising from 815 million dinars in 2004 to 2,377 million dinars in 2009. This was possible thanks to: preferential agreements with Maghreb and Arab countries, bilateral agreements setting up free-trade zones with Turkey, Egypt, Morocco, Jordan, Iraq and Libya and governing trade with these countries, a regional agreement signed in 1998 and establishing the Arab Free Trade Area, the Agadir Free Trade Agreement signed in 2004 between Jordan, Egypt, Morocco and Tunisia. Preferential access to several markets Tunisia is eligible for tariff reductions under the Generalized Preference System, mainly for manufactured, agricultural and handicraft products with the United States, Canada, Japan, Switzerland and Australia. It is also eligible for preferential access to markets in several African countries in the framework of bilateral agreements.
A knowledge-based
society
A modern educational system By allocating of its budget, 6.9% and 1.19% of GDP respectively to education and R&D, Tunisia has continued to invest in its education system to meet the requirements of economy. Free and open to all, it is recognized among the best in the world.
Tunisia is the
Country Belgium Tunisia France Germany Spain Turkey Italy Morocco Egypt
Score 5.6 4.9 4.8 4.7 3.4 3.4 3.3 2.9 2.6
(1= does not meet the needs of a competitive economy, 7= meets the needs of a competitive economy) Global Competitiveness Report 2009-2010, Davos World Economic Forum
A large source of skilled labor at competitive costs Tunisia delivers on the job market a significant number of graduates whose skills and qualifications in technical fields are recognized internationally and at very competitive costs. At comparable levels of qualifications and skills, Tunisia offers competitive wage costs in proportions ranging from 1 to 5 compared to European countries. An appropriate vocational training In 2009, the vocational training system in Tunisia included 212 public centers located throughout the country, providing training for 110,600 students and trainees in 451 fields of specialization covering all economic sectors. A higher education of good quality The number of students in public higher education rose from 17,257 students in 1975 to 360,000 students in 2009. Female students accounted for 59.5% of the student body. More and more young people are majoring in computer and communications science, engineering and other technical curricula. The number of graduates in the different fields of specialization reached 60,613 in 2008 including 3,834 engineers.
According to the study National Industrial Strategy by the year 2016, prepared by Ernst & Young in 2008, Tunisia is the first country on the southern shore of the Mediterranean that annually trains more engineers and technicians per capita.
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Skills in research and development Young graduates of engineering schools and training centers in Tunisia are prepared not only to meet the growing needs of skills in industry but also to work in partnership with businesses to develop innovation and research for the products of tomorrow. Several international companies already have expertise centers in Tunisia: ST MICROELECTRONICS, ACTIA, ALCATEL, KROMBERG & SCHUBERT, SAGEM, and SIEMENS employing hundreds of Tunisian engineers and executives.
Availability of scientists and engineers
Rank 9 11 17 35 37 39 51 53 64
Country Tunisia France Belgium Germany Spain Italy Turkey Egypt Morocco
Score 5.4 5.3 5.1 4.6 4.6 4.5 4.4 4.3 4.2
(1= non-existent or rare, 7= widely available) Global Competitiveness Report 2009-2010, Davos World Economic Forum
A policy fostering innovation and R&D During the last decade, governments have actively encouraged R&D activity. The national system of scientific research has evolved at a rapid pace. In 2008, Tunisia had 19,623 researchers, 146 laboratories and 640 research units. In 2009, the National Agency for Promotion of Research and Innovation was created.
Share of R&D expenditure in GDP In %
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infrastructure
Road and rail infrastructure There are about 20,000 km of paved roads and 360 km of highways nationwide. The rail network is 2,167 km long and covers the entire territory. In 2008, the Tunisian railroad ensured the transport of 10.5 million tons of goods and of 39.2 million passengers.
Aviation and maritime infrastructure There are nine international airports with a total capacity of 19 million passengers per year: Tunis: Tabarka, Monastir, Enfidha, Jerba, Sfax, Gafsa, Tozeur and Gabes. All regions of Tunisia are served. There are seven commercial ports (La Goulette, Rades, Bizerte, Sousse, Sfax, Gabes, Zarzis) as well as an oil terminal (Skhira). The construction of a new deepwater port at Enfidha is in progress.
Country Germany France Belgium Tunisia Spain Egypt Turkey Morocco Italy Quality of air transport infrastructure Rank 4 9 14 30 37 44 54 70 85 Score 6.6 6.3 6.2 5.8 5.5 5.3 5.1 4.7 4.1
Tunisia is the
Africa according to the Global Competitiveness Report 2009-2010, prepared by the World Economic Forum in Davos and 35th of 134 countries, for the quality of its infrastructure.
Quality of port infrastructure Rank 5 10 6 41 33 57 78 62 83 Score 6.4 5.9 6.3 4.9 5.2 4.3 3.7 4.2 3.7
(1= infrequent, limited and inefficient, 7= as frequent, extensive, and efficient as the worlds best) Global Competitiveness Report 2009-2010, Davos World Economic Forum
Communications infrastructure In Tunisia, the sector of communication technologies is one of the most dynamic sectors and has one of the highest growth rates (15% in 2009). It enjoys a significant investment of 6.3 billion dinars for the period 2007-2011 compared to only 430 million dinars during the 1992-1996 period. There are all kinds of networks in Tunisia, so foreign companies can set up communication links to virtually everywhere in the world at low cost. High performance, multiplicity and the availability of systems and facilities for telecommunications transmission are based on: Pair gain system Pleysychrone, SDH systems WLL ISDN, ATM, Frame Relay, X25 LS, ADSL VSAT MOBIRIF (Rural network based on MGS technology) GFA, WIFI, GPS.
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Tunisia is the first country in the southern Mediterranean area and in Africa and 39th out of 133 countries according to the index Networked Readiness Index published by the Global Information Technology Report 2009-2010.
Rank 14 18 22 34 39 48 69 70 88
Country Germany France Belgium Spain Tunisia Italy Turkey Egypt Morocco
Score 5.16 4.99 4.86 4.37 4.22 3.97 3.68 3.67 3.43
The Global Information Technology Report, 2009-2010, Davos World Economic Forum
Energy infrastructure Tunisia has a production base that is diversified and divided into 23 production units (gas turbines, steam turbines, combined cycle, hydro, and wind) with an installed capacity of about 3,314 MW. In order to protect the environment by promoting the production of green kilowatt-hour, Tunisia has integrated wind technology in its production choices. A first power plant of 55 MW is already operational and a further extension of the same power is being finalized. A second power plant of 20 MW is under construction.
Bizerte
Technological infrastructure Tunisia currently has: eight operational technology centers and two centers under construction, eleven cyberparks spread over several areas covering various fields of expertise. The mid-term objective is that each governorate is granted a science park.
Jendouba El Kef
Beja
Industrial zones and economic activity parks Tunisia has hundreds of industrial zones throughout the country 83 of which were created by the Industrial Land Agency covering a total area of 2,500 hectares. The 11th economic development plan (2007-2011) provides for the achievement of 31 industrial zones covering 650 ha to reach a total area of 4,500 ha in 2011. There are also two high-level operational economic activity parks: Bizerte and Zarzis-Jerba. The Bizerte park is located at the citys port (just 60 km from Tunis airport) and the Zarzis park is located just half an hour from Jerba airport.
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A favorable
business environment
A stable country Tunisia is blessed with sound economic and social stability, as reflected in a number of indicators.
Human Development Index Purchasing Power Parity Poverty rate Womens activity rate
Tunisia is the
Mediterranean and in Africa, according to the Global Competitiveness Report 2009-2010 issued by the Davos World Economic Forum and is 7th out of 133 countries in terms of regulations encouraging FDIs.
Free investment Investment is free for Tunisian citizens and foreigners in most sectors. In general, a foreign investor can hold up to 100% of capital in a given initiative without having to obtain authorization. Major investment incentives The investment incentives law offers many advantages
Tax incentives Total exemption from income tax:
for ten years for export revenues and agricultural projects, and for five or ten years, for projects located in regional development zones, according
to the priority of the zone. Investment bonuses equal to: 8, 15, or 25% of project costs and capped between 0.320 to 1 million Tunisian dinars, according to the priority of the zone, in areas of regional development and 7% for agricultural projects.
Grants
Partial from 100% to 20% for 5 years for the jobs created in the first group of regional
development.
Total for 5 years for the jobs created in the second group of Regional Development. Total for 5 years and then partial (80% to 20%) for 5 additional years for jobs created
in priority regional development zones. State subsidy of infrastructure spending For projects in areas of regional development 25, 50 or 75% of the total cost of the infrastructure according to the priority of the zone.
Additional incentives can be awarded for investments that are of particular interest for the economy or for areas along the border.
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Simplified procedures for creating a business The procedures for setting up a business are simple and can be done at the one stop shop of the Agency for the Promotion of Industry API(Tunis, Sfax, Sousse, Nabeul, Gafsa, Gabes and Beja) which gather all the involved administrative authorities and also online via the website www.webentcreation.tunisieindustrie.nat.tn (projects declaration and companieslegal incorporation). Employers-employees relationships: agreement and consensus The relationship between management and employees in Tunisia is not confrontational and is governed through consensus under a regulatory framework. Salaries are reviewed every three years as part of negotiations between the social partners.
Cooperation in laboremployer
Country Germany Tunisia Egypt Belgium Spain Morocco Turkey Italy France
Score 5.0 5.0 4.6 4.3 4.2 3.9 3.8 3.5 3.5
(1= generally confrontational, 7= generally cooperative) Global Competitiveness Report 2009-2010, Davos World Economic Forum
Competitive production costs The salaries of engineers, technicians and workers are very competitive. Their evolution remains moderate thanks to a relatively stable exchange rate and to the control of the inflation rate. The Guaranteed Minimum Professional Wage SMIG is about 120 Euros. In addition to extremely attractive labor costs, the other costs of production factors are competitive.
Average sales price index exclusive of tax on gas and electricity for industrial usage Tunisia = base 100
Electricity cost 500 kW - 2,000 MWh/year 100 113 152 166 171 180 192 -
Natural gas cost 239 - 2,390 toe/year 100 317 319 353 284 284 331
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An attractive site
for investment
A boom in foreign investments Tunisia continues to be an attractive option for foreign investment. In 2009, foreign investment flows represented 13.7% of Tunisian productive investment, 4% of the GDP, 37% of foreign capital inflows and 26% of new jobs each year are made possible through FDI.
FDI flows as a percentage of gross fixed capital formation (GFCF) in 2008 In % Italy Germany Morocco Turkey Spain France Tunisia Egypt
World Investment Report, UNCTAD, 2009
Tunisia is the
st
country from the south shore of the Mediterranean which attracts more companies as reported by the survey National Industrial Strategy by 2016, prepared by Ernst&Young in 2008.
The results achieved during the year 2009 in the mobilization of foreign investment are satisfactory. The amount of foreign investment reached 2,357 million dinars compared to 1,088.2 million dinars in 2005.The flow of FDI in the manufacturing sector is predominant. It had more than doubled over the last five years, from 375 million dinars in 2005 to 772 million dinars in 2009. By the end of 2009, 3,069 foreign or mixed firms were operational in Tunisia employing 314,299 people compared to respectively 455 firms and 59,932 employees in 1987.
Manufacturing industries
33.9
Energy
FIPA-Tunisia, 2010
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Success stories AEROLIA, ACTIA, AKZO NOBEL, AIR LIQUIDE, ALCATEL, ALUTHEA, ANJOU LECTRONIQUE, ASTEEL, AUTOLIV, AVENTIS SANOFI, BANCO DE SANTANDER, BAXTER, BENETTON, BG, BNP, BOSCH, CARREFOUR, CASCO, COFIDUR, COS, CROWN CORK, DANONE, DEFONTAINE, DRXLMAIER, ELECTROLUX, EUROCAST, ESSO, FAURECIA, FRAM, GANT, GENERAL ELECTRIC, GM, GROUPE BPCE, GRUNER, HAIER, HEINRICH KOPP, HENKEL, HUTCHINSON, ISUZU, ITOCHU CORPORATION, JAL GROUP, JOHNSON CONTROLS, KASCHKE, KBE ELEKTROTECHNIK, KROMBERG & SCHUBERT, LACROIX ELECTRONIQUE, LATCORE, LEAR CORPORATION, LG, LEONI, LUCENT TECHNOLOGIES, MARZOTTO, MECAHERS, MENTOR, MICROSOFT, MIROGLIO, NESTL, NIGGELER, ORANGE, ORASCOM, PFIZER, PHILIPS, PHOENIX, PIRELLI, RIEKER, SAFAS, SAFRAN, SCANIA, SEWON, SIEMENS, SIOEN, SOCIT GNRALE, SOMFY, ST MICROELECTRONICS, STREAM, SUMITOMO, SYLVANIA,TLPERFORMANCE, THOMSON MULTIMEDIA, TOTAL, TOYOTA TSUSHO, UNILEVER, VALEO, VAN DE VELDE, VAN LAACK, VEGE MOTOR, VOLVO, YAMAICHI ELECTRONICS, YAZAKI, YURA CORPORATION, ZODIAC, 3 SUISSES
Mechanical, electrical and electronics industry: an expanding sector Foreign direct investment is increasingly oriented towards technology intensive activities. Indeed, FDIs in mechanical, electrical and electronics industry experienced a particular dynamics, which made it namely possible for this sector to perform better than the textile sector in the last three years.
Progress of the mechanical & electrical and textile activities share in the manufacturing industries In %
European Union: primary investor France, Italy, United Kingdom, Germany, and Belgium are the main investors in Tunisia.
Breakdown of companies with foreign participation by country of origin in 2009 In %
4.3 4.5 7.7 8.6 74.9
EU countries Arab countries North American countries Asian countries Other countries
FIPA-Tunisia, 2010
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A country
Most pleasant living conditions In Tunisia, the conditions of life are most enjoyable and in some respects similar to those of Southern Europe.
Residential areas with modern luxury housing at reasonable cost. Many shopping malls and hypermarkets (CARREFOUR, CARREFOUR MARKET, GANT, BRICORAMA). Foreign schools (French, American). High level medical benefits with a network of modern and specialized clinics. A variety of sporting activities with a highly developed sports infrastructure. Multiple amusement and leisure parks, located in both tourist areas and outside these areas. Numerous international festivals: the Carthage film festival, the Jazz Festival in Tabarka, the symphonic music of El Jem Coliseum, the festivals of Carthage and Hammamet, the Sahara Festival in Douz Tunisia is a country that perfectly combines tradition and modernity. The personality of the Tunisian is imbued with tolerance, hospitality, an unwavering joie de vivre and a strong determination to succeed. A long tradition of tourism True international metropolis, seven million tourists a year choose Tunisia as the destination for their holidays, their professional meetings, or to participate in international events as well as numerous symposiums and conferences.
Attitude of the population towards foreign visitors
Tunisia is the
st
Arab country and in the southern shore of the Mediterranean where it is most pleasant to live according to the 2010 ranking released by International Living, an observer of quality of life in the world.
Rank 19 20 42 53 54 67 71 78 90
Country Belgium Tunisia Turkey Spain Egypt Germany France Italy Morocco
Score 6.7 6.7 6.6 6.5 6.5 6.5 6.4 6.3 6.3
(1= unfriendly population, 7= welcoming population) The Travel and Tourism Competitiveness Report 2009, Davos World Economic Forum
In this small country of the Mediterranean we find all the conveniences of modern life in an atmosphere imbued with the particularly warm hospitality of the people of Tunisia.
Thomas WENDT, Chief Executive, EUROCAST
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Tunisia is the first tourism destination in the south Mediterranean, and 44th in the world according to Travel and Tourism Competitiveness 2009 Report, prepared by the Davos World Economic Forum.
A cost of living of the most affordable The Tunisian capital and its residential suburbs provide a rare quality of life in Africa. Yet, contrary to appearances, life is cheaper there than elsewhere. In fact, Tunisia is ranked among the cheapest cities in the world. It ranks 134th out of 143 in the ranking of most expensive cities by Mercer Human Resource in 2009. A protected environment In Tunisia, the protection of the environment is a full-fledged policy. In fact, Tunisia has been since the early 90s, one of the first Arab and African countries to develop coherent programs of environmental protection. Today, it spends more than 1.2% of its GDP on investment in environmental protection and sustainable development. Tunisia is committed to work out a balance between the requirements of economic growth and competitiveness of its companies and the obligation to protect the environment and conservation natural resources. This has resulted in a necessary mastery of involved technology and the strengthening of Tunisian competencies in leading edge sectors which are the most environmentally friendly. Its commitment to natural resource protection and to the preservation of citizens quality of life has been widely recognized. Recent studies have shown that the costs of environmental degradation do not exceed 2.1% of GDP, which is still very close to the values observed in developed countries.
Quality of natural environment
Country Germany Tunisia France Spain Belgium Italy Morocco Turkey Egypt
Score 5.6 5.2 5.2 4.5 4.3 4.2 3.9 3.6 2.6
(1= with highest pollution level in the world, 7= with lowest pollution level in the world) The Travel and Tourism Competitiveness Report 2009, Davos World Economic Forum
Besides, Tunisia has joined more than thirty international agreements related to environmental issues such as marine environmental protection, reduction of the hole in the ozone layer, the fight against desertification, the conservation of outstanding natural and historic heritage...
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FIPA Tunisia
The Foreign Investment Promotion Agency FIPA-Tunisia is a national structure created in 1995 under the authority of the Ministry of Development and International Cooperation. It is mandated to provide the support required by foreign investors and to promote foreign investment in Tunisia.
FIPA-Tunisia and its offices abroad form a comprehensive network: information on investment opportunities in Tunisia and the main reasons why Tunisia is such an attractive site for FDI. All relevant information about the Tunisian economy, human resources, infrastructure and investment incentives are presented in a wide range of documentation in a number of languages, contacts in Tunis or abroad, thanks to preliminary exploratory work and targeted contacts that meet investors needs. Our approach being to present the Tunisian offer the most satisfactory one for firms in search of internationalization, advice on the conditions that will contribute to the success of initiatives, the best locations, various investment systems, financing means, accompanying the investor on exploratory visits to Tunisia and throughout the various implementation phases of the initiative. FIPA staff draws up programs for meetings with Tunisian institutions and companies in the relevant sector or areas of investor interest, support to improve the sustainability of a company, through personalized monitoring and ongoing assistance with ministerial departments and structures and regional authorities. FIPA-Tunisia has offices in: Tunis Rue Salaheddine El Ammami Centre Urbain Nord 1004 Tunis Tel.: (216-71) 75 25 40 Fax: (216-71) 23 14 00 E-mail: fipa.tunisia@mdci.gov.tn www.investintunisia.tn Brussels 31/33, rue Montoyer, Bte 4 1000 Bruxelles Tel.: (32-2) 512 93 27 Fax: (32-2) 511 17 57 E-mail: fipa1.tunisie@scarlet.be Cologne Hohenstaufenring 44-46 50674 Kln Tel.: (49-221) 240 33 46 240 33 47 Fax: (49-221) 240 34 46 E-mail: fipacologne@t-online.de London 63-66 Hatton Garden London EC1N 8LE Tel.: (44-207) 430 13 15 Fax: (44-207) 430 14 00 E-mail: london@fipa.co.uk Paris 8, rue de la Bienfaisance 75008 Paris Tel.: (33-1) 45 22 68 57 Fax: (33-1) 45 22 68 53 E-mail: apie.tunisie@wanadoo.fr
Madrid Avenida Alfonso XIII, 68 Madrid-28016, Espaa Tel.: (34-91) 510 48 47 Fax: (34-91) 510 48 95 E-mail: fipa-madrid@telefonica.net Milan Via M. Gonzaga, 5 (Piazza Missori) 20123 Milano Tel.: (39-02) 80 92 97 80 92 98 Fax: (39-02) 80 93 53 E-mail: fipatunisiamilano@tin.it
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Rue Slaheddine El Ammami Centre Urbain Nord - 1004 Tunis Tel.: (216-71) 752 540 - Fax: (216-71) 231 400 E-mail: fipa.tunisia@mdci.gov.tn www.investintunisia.tn
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2010