ECONOMY, EDUCATION& FOREIGN DIRECT INVESTMENT(FDI).
The Tunisian economy, among the most competitive economies in Africa and the Arab world, offers businesses a better environment than that in the main competitor countries. The education level of the active population, the sound macroeconomic management and the quality of public institutions are particularly favorable to business competitiveness.
3500 global companies settled in Tunisia including key brands
SKILLED HUMAN RESOURCES
Tunisia has qualified, competitive and successful human resources at all levels. Always in line with the needs of businesses, they represent a rich pool of talent constituting one of the major assets of the country through their bilingualism, their sense of adaptation and their creativity.
TUNISIA IS CONSIDERED A TALENT GEYSER IN THEMEDITERRANEAN AREA WITH:
more than 70 000 new graduates every year, 5,800 are engineers.
35 % of graduates followed branches in engineering, computer science, communications and other technical fields,
more than 1,000 vocational training centres (public and private) providing training for 140,000 students in hundreds of specialties covering all economic sectors.
In terms of availability in the labour market of scientists and engineer, Tunisia is ahead of several neighbouring countries and is ranked 26th by the Global Competitiveness Report 2014-2015 (World Economic Forum).
THE QUALITY OF TUNISIAN INFRASTRUCTURE IS A MAJOR ASSET FOR THE COUNTRY AND CONTRIBUTES FULLY TO THE DEVELOPMENT OF ITS INDUSTRIAL FABRIC.
TUNISIA IS PURSUING ITS INVESTMENT EFFORTS TO IMPROVE ITS ROAD AND RAIL CONNECTIONS AND ITS AIR TRANSPORT. SIMILARLY, IT WORKS TO MODERNIZE PORT FACILITIES.
The quality of Tunisian infrastructure is a major asset for the country and contributes fully to the development of its industrial fabric.
Tunisia is pursuing its investment efforts to improve its road and rail connections and its air transport. Similarly, it works to modernize port facilities.
Tunisia has nine international airports covering its entire territory. The most important airport is Tunis-Carthage.
About a hundred foreign airlines provide more than 2,000 weekly flights from Tunisia to Europe.
“Leading coutry in the southern mediterranean region in term of telecom infrastructure”
Networked readiness index-GlobalInformation Technology Report
Tunisia is ranked 2nd in the southern Mediterranean region and africa, 81st among 143 countryes in the “Networked Business Index” Published by the Global Information Technology Report 2015” in Davos
The existing telecommunication network in Tunisia is considered among the most developed and most performing in the region and Tunisia aims to become, by 2018, an international digital destination under the National Strategic Plan "Digital Tunisia 2018", aimed at consolidating and strengthening the use of ICT in all fields of activities.
Foreign companies can set up communication links to virtually all parts of the world at competitive costs through modern and fully digitized networks using optical fibres, SDH, ATM, ADSL and other extended wireless bandwidths, that can provide large capacities and high speeds for voice and data transmission.
Communication infrastructure for landlines , mobile and satellite telephony provided by the three national phone companies and Internet service providers offer a comprehensive and diversified range of local and international audio, video and data services as well as other advanced communication services.
In Tunisia, the competitiveness clusters are designed for activities in the field of training, scientific and technological research on the one hand, and the areas of production and technological development on the other, in a variety of fields.
The eleven operational techno parks are spread over several regions and cover the following areas:
Ariana : Information and communication technologies.
Borj Cédria : Plant biotechnology, renewable energy, environment.
Sidi Thabet : Engineering applied to health & pharmaceutical industries.
Sousse : Mechanical and electrical industries and IT.
Sfax : Information and communication technologies.
Monastir : Textiles and clothing.
Bizerte : Food industry.
Gafsa : Industrial & technological activities, services,
Gabès : Environmental industry & environmental Technology,
Manouba : Textiles and clothing,
Médenine : Exploitation and enhancement of natural resources of the Sahara,
Cyberparks :Tunisia also has fifteen cyber parks covering various specialties. The activities of cyber parks focus on the development of software, website maintenance and creation and services related to remote communication technologies (ICT) and call centres. These cyber parks also work as incubators for businesses operating in ICT.
10 Techno parks across the country
Tunisia is the “Leading country in the Southern Mediterranean region in term of Telecom infrastructure”
Global Information Technology Report
The Tunisian economy is characterized by deep liberalization, greater integration into the worldeconomy and more sustainedcompetitiveness combined with anincentive regulatory and fiscal framework.
Since the early 70s, Tunisia has set up a regulatory framework for investment that provides:
Freedom of capital and dividend repatriation Tax incentives Investment subsidies Special incentives for regional development zones Coverage of social contributions Coverage of vocational training A coverage of infrastructure spending Benefits granted to support investment
Freedom of Investment
Foreigners can freely invest in all sectors under the Investment Incentives Code when the activity is totally exporting. They can thus hold up to 100 % of the project capital without authorization.
Investment in certain sectors other than those totally exporting is subject to prior authorization for both Tunisians and foreigners.
Certain activities can be subject to a simple declaration and others are submitted to prior approval. However, there are also activities that are governed by specific laws. A comprehensive list of all these activities is available in the Foreign Investor Code.
Simple Incorporation procedures
In order to facilitate the settlement procedures of foreign investors, Tunisia relies on the existence of clear, open and transparent procedures to ensure fair and impartial treatment of investors enabling significant savings in time and cost. To this end, Tunisia provides foreign investors with a centre gathering all administrative and legal procedures necessary for the legal incorporation of a company: the one-stop desk of APII.
Protection of intellectual property
In Tunisia, the intellectual property is protected by the provisions of national legislation and by international treaties covering this field.
The registration of industrial designs, inventions and trademarks is made at the National Institute for Standardization and Industrial Property (INNORPI).
Depending on its nature, the protection is effective for:
20 years for patents
A renewable period of 10 years for trademarks,
5, 10 or 15 years for industrial designs
Tunisia – A nice place to be !
Located at the junction of the eastern and western basin of the Mediterranean, and only 140 km from Europe, Tunisia enjoys a privileged geographical position which makes it a regional hub for investment as well as for trade and production.