new tunisia, new economic vision · fta turkey agadir agreement 1 - proximity and free access to...

NEW TUNISIA,

NEW ECONOMIC VISION

Ministry of Industry and Trade

Wednesday 8th March 2017 – Prague, the Czech Republic

Beligh Ben Soltane-

International Marketing & Communication Director – Agency

Wednesday 8th March 2017 [email protected] www.investintunisia.tn

Tunisia: Startup Democracy

Reconciliation with the values of the international community

Goodgouvernance

Social and politicalplurality

Rule of Law

New constitution Presidential electionsParliamentary

elections


TUNISIA’S SWOT ANALYSIS

Content

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3 PROMISING INVESTMENT OPPORTUNITIESPREVAILING IN TUNISIA

TUNISIA’S FACTORS OF COMPETITIVENESS

4 TUNISIA ECO DEVELOPMENT PLAN 2016-2020

5 TUNISIA 2020 + TIF 2017

TUNISIA’S SWOT ANALYSYS

SSTRENGTHS

-

WWEAKNESSES

OOPPORTUNITIES

TTHREATS

- Economic recovery in Tunisia remains fragile.

- GDP growing at about 1.5%

- Unemployment remains high : 15% in 2016

- Exports are heavily concentrated on European countries.

- The country's commercial and industrial bases are on the coast, and the interior has been less developed.

- Widely praised parliamentary and presidential elections Q4, 14

- The democratic process is on the right track

- Tunisia’s economic recovery is expected to strengthen in 2017 (2.6 in 2017)

- FDI volume reached TND 2.2 b

- A diverse market-oriented economy with important agricultural, mining, tourism and manufacturing industries.

- Main focus on encouraging exports, FDI and Tourism.

- Coalition government bodes well for future policy formation.

- Pursuing an innovative economic strategy to overcome four key challenges: high rates of youth unemployment, a large number of marginal jobs, increasing income inequality, and substantial regional disparities.

- Reviewing public finance system to achieve social justice and equitable sharing of the tax burden.

- Designing a comprehensive development strategy

- High expectations on different levels.

- Reducing Budget Deficit

- High youth unemployment remains a significant problem.

- Instability in Libya remains a serious threat.


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3 PROMISING INVESTMENT OPPORTUNITIES

PREVAILING IN TUNISIA


4 TUNISIA ECO DEVELOPMENT PLAN

2016-2020


EU FTA

FTA TurkeyAGADIR

AGREEMENT

1 - Proximity and free access to major markets

Access to a market of 800 million consumers


http://fr.wikipedia.org/wiki/Fichier:Flag_of_Europe.svg

http://fr.wikipedia.org/wiki/Fichier:Flag_of_Europe.svg

Tunis

Marseille

London

Paris

Arrival Paris Tuesday

Flights similar price for high value/small size consignments e.g. electronic components, PCBs, etc...

Shipping time to mainland Europe is 4 to 5 days

London Wednesday or Thursday

Sailings to Marseille 3 times a weekContainers or grouped consignments

Saturday despatch popular

Tunisia on Mediterranean rim

1 - Proximity and free access to major markets

18 21 23 26 41 5934

The availability of highly qualified HR

with proven expertise

enables Tunisia to be well ranked

A performing education system A huge pool of Talents

99 % of young Tunisians

are at school

337 000 students (62.3% girls)

198 higher education Institutions

More than 1 000 vocational training

centers

Over 65,000 new graduates each year

An exceptionally high Multi-lingualism

35% of graduates specialize in fields of

engineering, computer science,

communications & other technical fields

Source : ????

2- Tunisia’s Human Resources


2- Competitive costsA European Know-How at Competitive Labour Costs

Total % of salary Benefits (€)(€)

1924,79

34 34,75 36,2540

0

10

20

30

40

50

Minimum Wage Social Charges

100130

180238

380 384

536

0

100

200

300

400

500

600

Price of Electricity

0,0713 0,088 0,0882

0,1678

0,2131

0

0,05

0,1

0,15

0,2

0,25

Kwh ( € )

Rank Country

1 Vietnam

2 Tunisia

10 Ukraine

13 Morocco

14 Slovakia

Tunisia is ranked 2nd worldwide according to

EMERGING MARKETS REPORT 2015


Minimum Wages in Czech Rep. 407.09 (€)/Month

Better quality in shorter lead-times at lower costs

3- Friendly Business Environment

Freedom to Invest

100% capital holding

10% corporate tax

Flexibility in

recruitment procedures

Off-shore bank accounts

Free transfer of profits,

and capital gains

Advantages for

import and export

Intellectual property

protection


3- Investment incentives

Supporting Agencies

to serve Investors

1Investment grants for industrial projects in

regional development areas, in tourism and

agriculture

Vocational Training Subsidy up to 50% of initial

training costs and up to 25% of continuous

training costs

Subsidies to investment for Environmental protection,

Technology Transfer and R&D, Regional and

Agricultural Development

Subsidy to employer’s social contributions and of

infrastructure expenses in regional development

areas

2

3

4

3- Modern Infrastructure

1

2

3

4

5

6

15 Cyber Parks

10 Poles of Competitiveness

9International

Airports

7 Commercial

Ports

An extensive

20K. Km paved

roads network

About 150

Industrial

Areas

Tunisianinfrastructure

includes


…offer already

recognized

by worldwide

references

3 346 foreign companies MTND20 000 361 225 jobs

FDI mainly substantial

in manufacturing sector… (Energy excluded)

36,1%13,8%

13,5%

9,8%

7,9%

5,4%

4,7%

3,5%

2,5%

2.6%

Textile &

Clothing

Mechanical,

metalic &

metallurgic

Electric &

Electronics

Agri-business

Miscellaneous

Leather & Shoes

Plastics

Construction

Materials

Chemicals &

Rubber

Pharmaceuticals

52%Manufacturing

Industry

1%Agriculture

9%Tourism

38%Services

FDI Breakdown by sector

Stock


SOURCE : Tunisian Newspaper ‘ LA PRESSE’

5

Major firms continue to hire…


http://www.prosdelacom.com/uploads/news/p-hr-020211.jpg

http://www.prosdelacom.com/uploads/news/p-hr-020211.jpg


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4 TUNISIA ECONOMIC DEVELOPMENT PLAN

2016-2020


Call Centres & BPO

Renewable Energies

Financial Services

Electronics

Textiles & Clothing

Food processing industries

ICT

Automotive components

Aerospace Industries

Investment Opportunities


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http://images.google.co.uk/imgres?imgurl=http://www.macombcountymi.gov/MCPED/E-Macomb/April 2009/Pictures/Aerospace(wrklc2).jpg&imgrefurl=http://www.macombcountymi.gov/MCPED/E-Macomb/April 2009/April09 - EDIA - MEGA Awards.html&usg=__Zup79a86OaIhC0zkBJJ_MGz-FfA=&h=276&w=415&sz=125&hl=en&start=5&um=1&itbs=1&tbnid=Bz_1I0OnaPLYSM:&tbnh=83&tbnw=125&prev=/images?q%3Daerospace%26um%3D1%26hl%3Den%26sa%3DN%26tbs%3Disch:1

267 opèrent

dans le secteur

80 000 emplois

dans le secteur

CKD Production facilities

200

150

100

50

1974-1977

1982-196

2000

2005

2010

2015


267 companies

80 000 jobs

12% annual growth rate

€2.2 b Tun. Exports 2016

38% Local integration rate

The automotive components industry in Tunisia is...

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http://images.google.fr/imgres?imgurl=http://www.handtrucksystems.com/Volvo logo.gif&imgrefurl=http://www.handtrucksystems.com/&start=3&h=82&w=251&sz=2&tbnid=42oRfmax98FiZM:&tbnh=36&tbnw=111&hl=en&prev=/images?q=volvo+trucks+logo&um=1&hl=en&rlz=1T4GZHZ_enGB250GB250&um=1&usg=__AePV518ShRdIegWPHVccokwlZws=

http://images.google.fr/imgres?imgurl=http://www.nordvik-last.no/images/logo_man.gif&imgrefurl=http://www.nordvik-last.no/page?id=8825&key=34071&start=6&h=75&w=136&sz=6&tbnid=mPp9czjEfseiiM:&tbnh=51&tbnw=92&hl=en&prev=/images?q=man+trucks+logo&um=1&hl=en&rlz=1T4GZHZ_enGB250GB250&um=1&usg=__bkqLPQiTWYIS8_8YYdrsEoav3Rk=

http://images.google.fr/imgres?imgurl=http://www.nordvik-last.no/images/logo_man.gif&imgrefurl=http://www.nordvik-last.no/page?id=8825&key=34071&start=6&h=75&w=136&sz=6&tbnid=mPp9czjEfseiiM:&tbnh=51&tbnw=92&hl=en&prev=/images?q=man+trucks+logo&um=1&hl=en&rlz=1T4GZHZ_enGB250GB250&um=1&usg=__bkqLPQiTWYIS8_8YYdrsEoav3Rk=

http://www.go60sharing.co.uk/images/leoni_logo.gif

http://www.go60sharing.co.uk/images/leoni_logo.gif

http://www.elloumi.info/test/coficab/images/logo2.gif

http://www.elloumi.info/test/coficab/images/logo2.gif

http://www.shradertire.com/TireSearch/tire-data/images/manu/logo_sumitomo.gif

http://www.shradertire.com/TireSearch/tire-data/images/manu/logo_sumitomo.gif

http://www.valeo.com/automotive-supplier/Jahia/pid/2

http://www.valeo.com/automotive-supplier/Jahia/pid/2

http://cache.gawkerassets.com/assets/images/12/2009/05/Visteon_Logo.jpg

http://cache.gawkerassets.com/assets/images/12/2009/05/Visteon_Logo.jpg

http://www.ecotransfer.fr/references/logo_faurecia.gif

http://www.ecotransfer.fr/references/logo_faurecia.gif

The major European car manufacturers

sourcing from Tunisia

Dräxlmaier Leoni

Lear Corp

Yazaki

DelphiKromberg

& Shubert

Cofat

Valeo

World leading suppliers

with large production

units

already present in

Tunisia


Aerospace industries,

A buoyant industry

Number of Companies

Jobs created

11

40

6575

2004 2008 2011 2016

1310

3835

9193 13000

2004 2008 2011 2016


An efficient value chain

Engineering

Production

– Mechatronics engineering

– Electronic components

– Software Development

– Computer Aided Engineering & Mechanical

Studies

Safran & Telnet Altran partnership,

Sogeclair, Vignal Artru, Genovia ...

Segments Main actors

– Surface treatment

– Wire harnesses

– Foundry & mechanical machining

– Sheet metal cutting and assembly

– Aircraft assembly casting

– Plastic parts : composite materials

Mecahers, Thalès, Stelia

Eurocast, Atrics, Segnere SA,

Aéroprotec, Storm Aircraft,

AGBI, ASTF, MAT…

Services - Maitenance, Repair and OverhaulingTunisair Technics, Sita, Aviaition IT Services Africa, Sabena TechnicsMIR …


BPO ITO R&D Geographical and cultural proximity

Same Time zone + Central Europe (UTC+1)

Presence of major brands

Operational costs among the most

competitive in the Euromed Area

Competitive and Available Pool of Talents

at European standards level

A world Class Infrastructure (Class A +

dedicated areas)

Very favorable implementation conditions

ICT & Outsourcing

1 800 Companies +300 foreign companies +34 000 jobs


1 822

Incl. 1 079 foreign 230 000

ENTREPRENEURIAL

FABRIC JOBS

Confirmed know how

Available trained manpower

Just in time delivery

Presence of major Brands

8th supplier of Europe

Textiles and Clothing

2nd supplier of France 2nd Exporting Sector


3rd world Producerof OLIVE OIL

1st world exporterof DATES

2nd African country exporting organic products

Have you ever heard that TUNISIA is :

Agrifood Industry

10th world Producerof TOMATOES

1 064 COMPANIES (113 FOREIGN) 71 000ENTREPRENEURIAL

FABRICJOBS

Une synergie entre les centres de recherche et les entreprises

Une production BIO en plein essor

Des produits de qualité, saveur et goût naturel

Des incitations fiscales en faveur du secteur


Solar Energy Potential Wind Energy Potential

A Promising Potential for Renewables Energies



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2016-2020


Tunisia 2020

The New Development

Plan 2016-2020

Public & Private Projects

Economic

HubSustainability

Human

Development

and Social

Inclusion

Good

Governance

Meeting

inland

regions

aspirations

1

2


Recent Reforms

Diversify financial resources to develop

infrastructure and boost investment

Enhance the private sector’s role in the

economy

Banking

Law

Renewable

Energy

Establish a modern banking system

Boost confidence in the banking

system

Preserve financial stability and protect

against financial and economic crises

Regulate market concentration

Challenge monopolistic practices

Regulate price and advertising

display

Establish the competition authority

Tax System

Introduce a modern tax system

Introduce new tax incentives

Reduce public debt

Enhance sustainability

Attract private investors

Allow exportation of renewable energy

Organize a national plan for electricity

generated by renewable sources

Reinforce Anti-Terrorism measures

Restore investor and consumer

confidence

Public-

Private

Partnership

(PPP)

Anti-

Terrorism

CompetitionLaw


New Investment Law Outlines

Market Access Guarantees and ObligationsEncouraging Investment

Mechanism and Structure

Remove structural obstacles

Reduce the specification note

revision

Shorten authorization delays

Ability to recruit an increasing

number of executive staff

Facilitate dividend repatriation

Indicate refusal reasons

Property Law

Arbitrage procedures

Investment incentives

Specific subsidies

Tax exemption (up to 10 years)

Hiring foreign labour force up to

30 % of managerial staff for the

first 3 years.

Fnancial incentives up to 30% of

invested amount - Ceiling MDT 3

Public Structures

Higher Council of Investment

Tunisia Investment Authority

Tunisian Investment Fund

A New Law to Foster Investment



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2016-2020


4500 attendees1500 foreigners

88 countries represented

2247 Connex Me users

Over 400 journalists

tunisia-2020-the-official-film.mp4

tunisia-2020-the-official-film.mp4

Financial

Agreements

AnnouncedPledges

Tunisia back on stage to meet

its Development Plan Objectives 2020

MTND 15 MTND 19

ADB announed its return to Tunisia – Openning a regional HQ

for North Africa

Regaining Trust among Financial Institutions and Foreign Investors


Teaser TIF2017


Teaser-TIF2017.mov

Teaser-TIF2017.mov

Beligh Ben Soltane -

International Marketing Director - Invest in Tunisia Agency

“Looking for Growth, Think Tunisia.”

THANK YOU!


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