The investment incentives code provides for a number of incentives in the form of tax and levy exemptions and investment subsidies and bonuses. The creation of a technology park in Sousse dedicated to the mechanical sector, electronics and Information technology. The park covers an area of 60 ha hosting technological and industrial activities for a better synergy between research and industry in the field of R & D and innovation. Support structures for investors. The sector benefits from professional support: • the Technical Center for Mechanical and Electrical Industries (CETIME), • the National Electricity Federation (FEDELEC), • the National Standardization and Industrial Property Institute (INNORPI). The sector also receives support from the Foreign Investment Promotion Agency, the Industry Promotion Agency, and the Export Promotion Center to develop ideas and to set up companies and export activities. Very pleasant living conditions. Tunisia is a country that has done a good job of reconciling tradition and modernity. Tunisians are tolerant and hospitable. The climate is mild and there are many facilities: modern residential neighborhoods, many shopping centers and super stores, foreign schools, high level medical services, recreational parks, and extensive tourism infrastructure.

Several key activities have considerable investment potential. Manufacture of automotive parts by major suppliers of parts: such as the ACTIA GROUP, CASCO, VALEO, AUTOLIV, KASCHKE, JOHNSON CONTROLS, LEAR, LEONI, BOSCH, ZODIAC, which supply major carmakers such as RENAULT, PEUGEOT, CITROEN, BMW, VOLKSWAGEN, MERCEDES, FIAT, AUDI, TOYOTA, NISSAN… Manufacturing parts and components for the aerospace industry: a booming activity in Tunisia. With its expertise and experience in the field of Electrical & electronics industry, Tunisia is currently hosting more than 50 companies operating in manufacturing products and components for the aerospace industry. Companies like ANJOU ÉLECTRONIQUE, LATECOERE, SAFRAN GROUP, ZODIAC respectively produce electric and electronic components designed for AIRBUS, BOEING, EUROCOPTER, DASSAULT, EMBRAER, BOMBARDIER.

By investing in Tunisia you will be able to take advantage of investment opportunities, especially in the following activities • • • • • • • • •

Printed circuits, electronic cards Coils and transformers Condensers and resistances Connectors Wiring and cables, cable harnesses Batteries Lighting apparatus Switches Circuit breakers.

Electrical, electronic industries in Tunisia

Investing in Tunisia also means investing in a strategic sector which aims at reaching the following objectives in 2016: • the growth of the branch and the implementation of structuring technological projects: - by creating R&D centers and engineering and design firms for businesses: 3,000 engineers in 2016 as against 600 currently, - by the implementation of production projects for printed circuits in small series LCD and plasma, - by developing platforms of logistics related services - by increasing the share of subcontracting in the sectors of auto and aerospace components: 77 % of a vehicle in 2016, - by developing embedded electronics and crossings between sectors of: ICT, electronics, mechanics and plastics, • the development of an area dedicated to the industry of aerospace components, • the contribution of the competitiveness pool through the creation of 8,000 employment positions and 150 firms.

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: fi[email protected] 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: fi[email protected] Cologne Hohenstaufenring 44-46 50674 Köln Tel.: (49-221) 240 33 46 • 240 33 47 Fax: (49-221) 240 34 46 E-mail: fi[email protected]

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 Madrid Avenida Alfonso XIII, 68 Madrid-28016, España Tel.: (34-91) 510 48 47 Fax: (34-91) 510 48 95 E-mail: fi[email protected] 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: fi[email protected] Paris 8, rue de la Bienfaisance 75008 Paris Tel.: (33-1) 45 22 68 57 Fax: (33-1) 45 22 68 53 E-mail: [email protected]

SERVICED 71 86 12 19

A sector with strong investment potential

FIPA–Tunisia, your partner for success 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.

2009

Invest in Tunisia

A high performing

An attractive sector

sector A major sector in Tunisia’s economy, electrical, electronic and home appliance industries have been posting remarkable performance, both on the local market (with added value growing by 18% a year) and in the export sector (up 20% on average over the past five years). Tunisian production has more than doubled over the past five years, to 4,541 million Tunisian dinars in 2008. The sector accounts for some 13% of overall jobs in manufacturing industries. Investments in this sector are rising with an average annual rate of 31% currently as well as an exceptional growth during the last three years.

Electrical, electronic and home appliance industries in figures • 357 companies (employing 10 people and over) provide more than 65,000 jobs. • 62% of these companies export their entire production. • 233 firms that with 100 % foreign capital or with foreign participations employing more than 50,000 persons. • 3,900 million Tunisian dinars are earned from exports, vs. 3,419 million dinars in imports in 2008.

Availability of highly skilled competencies at competitive costs Building on mastering knowledge and technology as an essential success factor, 40 engineering schools, higher institutes and vocational training centers provide each year the job market with more than 600 engineers and more than 1,600 senior technicians with a high degree of qualification, for particularly competitive labor costs compared to competing countries.

Herbert BAUMGARTNER, Director of KASCHKE

Advanced technician

Engineer

6,260

11,610

Romania

7,800

13,490

Morocco

10,280

16,790

Hungary

14,110

20,650

Italy

30,900

43,910

France

37,610

55,450

Study on “Tunisia’s knowledge-based economy and its attractiveness as a site for FDI”, Ernst & Young, 2007

Tunisia has young experienced manpower that is becoming available in increasing numbers and greater skill levels, able to learn rapidly. Local and foreign companies appreciate the flexibility, training capacity, skills and qualifications of Tunisian workers. Young graduates of Tunisian engineering schools and training centers will not only meet the growing need for skills in the industrial sector but also work with businesses in the sector to boost innovation and develop the products of tomorrow. In comparable levels of qualifications and skills, Tunisia offers competitive production costs in proportions ranging from 1 to 5 compared to European countries.

A competitive sector

Exports by the electrical, electronics and home appliance sector continue on a strong, steady growth path. Thanks to integration and strong exports, the sector’s rate of coverage has risen considerably, up from 66% in 2000 to 114% in 2008. The European Union, one of the most competitive markets in the world, remains the favorite destination of the sector’s goods. Hence France, Germany and Italy are the first European customers of Tunisia. Cable harnesses reflect excellence. Automotive cable harnesses for export have significantly contributed to growing production in the sector, accounting more than 30% of overall production in the electrical and electronic sector. Tunisia has become one of the main production sites for cable harnesses, with a growing share of sales on foreign markets, currently one of the top 10 suppliers of cable harnesses to the European Union.

Main exports • • • • • •

Wiring, cables and cable harnesses. Cut-off and electrical command apparatus. Transformers. Printed circuits. Regulatory material. Refrigerators, material and machines for cold systems.

Breakdown of exports in 2008 In % 6

3

Electrical equipment Electronic equipment 35

56

Telecommunications Domestic electrical appliances

National Institute of Statistics

Tunisian dinar (TND) = Euro 0.812 = USD 0.554 (average 2008)

BOSCH, CASCO, CEGELEC, DONCASTER CABLES, DRÄXLMAIER, FRITZ DRIESCHER, HAIER, HEINRICH KOPP, KASCHKE, KBE ELEKTROTECHNIK, KROMBERG & SCHUBERT, LATÉCOÈRE, London

LEAR CORPORATION, LEONI, OPTELEC, PHILIPS, RADIALL, SOCOMEC, SOMFY, SUMITOMO,

Brussels

SYLVANIA, VALEO, VOSSLOH SCHWABE, YAZAKI, YURA CORPORATION, ZODIAC...

Paris

Frankfurt Vienna

Electronic industries

Milan Barcelona

ACTIA GROUP, ANJOU ÉLECTRONIQUE, ASTEEL, COFIDUR GROUP, FITELEC, FUBA PRINTED

Rome

Madrid

CIRCUITS, ISOPHON VERTRIEB, JOHNSON CONTROLS, KASCHKE, LACROIX ÉLECTRONIQUE,

Tunis

MENTOR, PHILIPS, PHOENIX, SAFRAN, SIEMENS, ST MICROELECTRONICS, THOMSON

Tunisia

In Euros

• manufacture of finished products for the local and African markets; • manufacture of sub-assemblies or components for export to Europe. Mastery of CMS (Control Management Systems) technologies has allowed for manufacture of large-and medium-scale series for European electronic industries.

Electrical industries

MULTIMEDIA, WECO WESTER EBBINGHAUS, YAMAICHI ELECTRONICS, ZOLNER...

Annual income in electric industries

Tunisia

The success of Tunisia’s electrical, electronic and household appliance sector is attributable to acquisition of know-how, the wide range of items produced, optimized production costs, strong innovative capacity, the presence of major international groups, and the proximity of European markets. Development of the electrical, electronic and household appliance sector in Tunisia is based on a two-pronged strategy:

“Tunisian engineers make up a skilled, motivated, highly responsible team. Employees have learned German in just a few months. Better production, productivity and results have led to setting up of a second plant in the space of just a few years.”

A growing synergy between industry and engineering Along with the positive trend in investment recorded in the production of electrical and electronic components, Tunisia positions itself as a regional center of excellence in industrial engineering. Several international firms already have centers of expertise in Tunisia. This is the case of the group ST MICROELECTRONICS which has a development center devoted to semiconductors and of companies such as SAGEM, LEONI, SIEMENS, ACTIELEC and YAMAICHI ELECTRONICS which created development centers dedicated to their industrial activities, employing hundreds of Tunisian engineers and managers. Other companies are setting up engineering centers in Tunisia in collaboration with local partners. This is the case of the French companies SAFRAN and SOPRA MIDI-PYRENEES which selected two leading companies in Tunisia i.e. TELNET and MEDSOFT to develop projects in the field of engineering for the aerospace industry. The presence of major international groups Several foreign investors, namely major well known parts manufacturers and principals in automotive and electrical industries have chosen Tunisia to boost growth thanks to existing, effective infrastructure, reliable regularly-scheduled means of transport, efficient logistics, the professional support of specialized technical centers, control laboratories, training capacity and low costs for skilled manpower with ever-better capacity to master complex production processes. They achieve significant profits and increase their production capacity through successive extension operations of their activities in Tunisia.

A favorable

environment Tunisia’s geo-strategic location and modern infrastructure facilitate access to companies located in the countries that constitute its main key markets, allowing for just in time production. Less than two hours’ flight time from European cities, Tunisia has eight international airports located throughout the country, with some 100 foreign airlines running more than 1,300 weekly flights to Europe. There are also six commercial ports and a modern maritime fleet that meets norms of security and rapidity and provides regular service to the main European ports. Investment can be freely made in the electrical, electronic and home appliance sector. Foreign investors can hold up to 100% of capital in a given undertaking without authorization. They can also repatriate profits and gains from the sale of capital invested in foreign currency, including appreciation.

“In Tunisia we have found very high level engineers, managers and technicians, effective import-export logistics, slow-growing labor costs, a network of local suppliers in various areas and simplified customs procedures.” Gaby LOPEZ, General Director of the ZODIAC GROUP in Tunisia

Tunisia has been a member of the WTO since 1993 and it signed an association agreement with the European Union in 1996 which led to the implementation of a free trade zone in January 2008. Tunisia has also signed preferential agreements with Maghreb and Arab countries. Entry into force of the regional agreement governing an Arab free trade zone will soon take place. Procedures to set up a business are simple and can be carried out at the one-stop shops available at the Industry Promotion Agency “API” offices in Tunis, Sfax, Sousse, Nabeul, Gafsa, Gabes and Beja, where you can find all relevant administrations. Projects’ declaration and legal incorporation of companies can also be accomplished on line via website www.webentcreation.tunisieindustrie.nat.tn.

“A sound business operation in Tunisia is an important step in our plans to expand operations in North Africa.” Kick STAM, President and CEO of PHILIPS LIGHTING BRANCH

A high performing

An attractive sector

sector A major sector in Tunisia’s economy, electrical, electronic and home appliance industries have been posting remarkable performance, both on the local market (with added value growing by 18% a year) and in the export sector (up 20% on average over the past five years). Tunisian production has more than doubled over the past five years, to 4,541 million Tunisian dinars in 2008. The sector accounts for some 13% of overall jobs in manufacturing industries. Investments in this sector are rising with an average annual rate of 31% currently as well as an exceptional growth during the last three years.

Electrical, electronic and home appliance industries in figures • 357 companies (employing 10 people and over) provide more than 65,000 jobs. • 62% of these companies export their entire production. • 233 firms that with 100 % foreign capital or with foreign participations employing more than 50,000 persons. • 3,900 million Tunisian dinars are earned from exports, vs. 3,419 million dinars in imports in 2008.

Availability of highly skilled competencies at competitive costs Building on mastering knowledge and technology as an essential success factor, 40 engineering schools, higher institutes and vocational training centers provide each year the job market with more than 600 engineers and more than 1,600 senior technicians with a high degree of qualification, for particularly competitive labor costs compared to competing countries.

Herbert BAUMGARTNER, Director of KASCHKE

Advanced technician

Engineer

6,260

11,610

Romania

7,800

13,490

Morocco

10,280

16,790

Hungary

14,110

20,650

Italy

30,900

43,910

France

37,610

55,450

Study on “Tunisia’s knowledge-based economy and its attractiveness as a site for FDI”, Ernst & Young, 2007

Tunisia has young experienced manpower that is becoming available in increasing numbers and greater skill levels, able to learn rapidly. Local and foreign companies appreciate the flexibility, training capacity, skills and qualifications of Tunisian workers. Young graduates of Tunisian engineering schools and training centers will not only meet the growing need for skills in the industrial sector but also work with businesses in the sector to boost innovation and develop the products of tomorrow. In comparable levels of qualifications and skills, Tunisia offers competitive production costs in proportions ranging from 1 to 5 compared to European countries.

A competitive sector

Exports by the electrical, electronics and home appliance sector continue on a strong, steady growth path. Thanks to integration and strong exports, the sector’s rate of coverage has risen considerably, up from 66% in 2000 to 114% in 2008. The European Union, one of the most competitive markets in the world, remains the favorite destination of the sector’s goods. Hence France, Germany and Italy are the first European customers of Tunisia. Cable harnesses reflect excellence. Automotive cable harnesses for export have significantly contributed to growing production in the sector, accounting more than 30% of overall production in the electrical and electronic sector. Tunisia has become one of the main production sites for cable harnesses, with a growing share of sales on foreign markets, currently one of the top 10 suppliers of cable harnesses to the European Union.

Main exports • • • • • •

Wiring, cables and cable harnesses. Cut-off and electrical command apparatus. Transformers. Printed circuits. Regulatory material. Refrigerators, material and machines for cold systems.

Breakdown of exports in 2008 In % 6

3

Electrical equipment Electronic equipment 35

56

Telecommunications Domestic electrical appliances

National Institute of Statistics

Tunisian dinar (TND) = Euro 0.812 = USD 0.554 (average 2008)

BOSCH, CASCO, CEGELEC, DONCASTER CABLES, DRÄXLMAIER, FRITZ DRIESCHER, HAIER, HEINRICH KOPP, KASCHKE, KBE ELEKTROTECHNIK, KROMBERG & SCHUBERT, LATÉCOÈRE, London

LEAR CORPORATION, LEONI, OPTELEC, PHILIPS, RADIALL, SOCOMEC, SOMFY, SUMITOMO,

Brussels

SYLVANIA, VALEO, VOSSLOH SCHWABE, YAZAKI, YURA CORPORATION, ZODIAC...

Paris

Frankfurt Vienna

Electronic industries

Milan Barcelona

ACTIA GROUP, ANJOU ÉLECTRONIQUE, ASTEEL, COFIDUR GROUP, FITELEC, FUBA PRINTED

Rome

Madrid

CIRCUITS, ISOPHON VERTRIEB, JOHNSON CONTROLS, KASCHKE, LACROIX ÉLECTRONIQUE,

Tunis

MENTOR, PHILIPS, PHOENIX, SAFRAN, SIEMENS, ST MICROELECTRONICS, THOMSON

Tunisia

In Euros

• manufacture of finished products for the local and African markets; • manufacture of sub-assemblies or components for export to Europe. Mastery of CMS (Control Management Systems) technologies has allowed for manufacture of large-and medium-scale series for European electronic industries.

Electrical industries

MULTIMEDIA, WECO WESTER EBBINGHAUS, YAMAICHI ELECTRONICS, ZOLNER...

Annual income in electric industries

Tunisia

The success of Tunisia’s electrical, electronic and household appliance sector is attributable to acquisition of know-how, the wide range of items produced, optimized production costs, strong innovative capacity, the presence of major international groups, and the proximity of European markets. Development of the electrical, electronic and household appliance sector in Tunisia is based on a two-pronged strategy:

“Tunisian engineers make up a skilled, motivated, highly responsible team. Employees have learned German in just a few months. Better production, productivity and results have led to setting up of a second plant in the space of just a few years.”

A growing synergy between industry and engineering Along with the positive trend in investment recorded in the production of electrical and electronic components, Tunisia positions itself as a regional center of excellence in industrial engineering. Several international firms already have centers of expertise in Tunisia. This is the case of the group ST MICROELECTRONICS which has a development center devoted to semiconductors and of companies such as SAGEM, LEONI, SIEMENS, ACTIELEC and YAMAICHI ELECTRONICS which created development centers dedicated to their industrial activities, employing hundreds of Tunisian engineers and managers. Other companies are setting up engineering centers in Tunisia in collaboration with local partners. This is the case of the French companies SAFRAN and SOPRA MIDI-PYRENEES which selected two leading companies in Tunisia i.e. TELNET and MEDSOFT to develop projects in the field of engineering for the aerospace industry. The presence of major international groups Several foreign investors, namely major well known parts manufacturers and principals in automotive and electrical industries have chosen Tunisia to boost growth thanks to existing, effective infrastructure, reliable regularly-scheduled means of transport, efficient logistics, the professional support of specialized technical centers, control laboratories, training capacity and low costs for skilled manpower with ever-better capacity to master complex production processes. They achieve significant profits and increase their production capacity through successive extension operations of their activities in Tunisia.

A favorable

environment Tunisia’s geo-strategic location and modern infrastructure facilitate access to companies located in the countries that constitute its main key markets, allowing for just in time production. Less than two hours’ flight time from European cities, Tunisia has eight international airports located throughout the country, with some 100 foreign airlines running more than 1,300 weekly flights to Europe. There are also six commercial ports and a modern maritime fleet that meets norms of security and rapidity and provides regular service to the main European ports. Investment can be freely made in the electrical, electronic and home appliance sector. Foreign investors can hold up to 100% of capital in a given undertaking without authorization. They can also repatriate profits and gains from the sale of capital invested in foreign currency, including appreciation.

“In Tunisia we have found very high level engineers, managers and technicians, effective import-export logistics, slow-growing labor costs, a network of local suppliers in various areas and simplified customs procedures.” Gaby LOPEZ, General Director of the ZODIAC GROUP in Tunisia

Tunisia has been a member of the WTO since 1993 and it signed an association agreement with the European Union in 1996 which led to the implementation of a free trade zone in January 2008. Tunisia has also signed preferential agreements with Maghreb and Arab countries. Entry into force of the regional agreement governing an Arab free trade zone will soon take place. Procedures to set up a business are simple and can be carried out at the one-stop shops available at the Industry Promotion Agency “API” offices in Tunis, Sfax, Sousse, Nabeul, Gafsa, Gabes and Beja, where you can find all relevant administrations. Projects’ declaration and legal incorporation of companies can also be accomplished on line via website www.webentcreation.tunisieindustrie.nat.tn.

“A sound business operation in Tunisia is an important step in our plans to expand operations in North Africa.” Kick STAM, President and CEO of PHILIPS LIGHTING BRANCH

A high performing

An attractive sector

sector A major sector in Tunisia’s economy, electrical, electronic and home appliance industries have been posting remarkable performance, both on the local market (with added value growing by 18% a year) and in the export sector (up 20% on average over the past five years). Tunisian production has more than doubled over the past five years, to 4,541 million Tunisian dinars in 2008. The sector accounts for some 13% of overall jobs in manufacturing industries. Investments in this sector are rising with an average annual rate of 31% currently as well as an exceptional growth during the last three years.

Electrical, electronic and home appliance industries in figures • 357 companies (employing 10 people and over) provide more than 65,000 jobs. • 62% of these companies export their entire production. • 233 firms that with 100 % foreign capital or with foreign participations employing more than 50,000 persons. • 3,900 million Tunisian dinars are earned from exports, vs. 3,419 million dinars in imports in 2008.

Availability of highly skilled competencies at competitive costs Building on mastering knowledge and technology as an essential success factor, 40 engineering schools, higher institutes and vocational training centers provide each year the job market with more than 600 engineers and more than 1,600 senior technicians with a high degree of qualification, for particularly competitive labor costs compared to competing countries.

Herbert BAUMGARTNER, Director of KASCHKE

Advanced technician

Engineer

6,260

11,610

Romania

7,800

13,490

Morocco

10,280

16,790

Hungary

14,110

20,650

Italy

30,900

43,910

France

37,610

55,450

Study on “Tunisia’s knowledge-based economy and its attractiveness as a site for FDI”, Ernst & Young, 2007

Tunisia has young experienced manpower that is becoming available in increasing numbers and greater skill levels, able to learn rapidly. Local and foreign companies appreciate the flexibility, training capacity, skills and qualifications of Tunisian workers. Young graduates of Tunisian engineering schools and training centers will not only meet the growing need for skills in the industrial sector but also work with businesses in the sector to boost innovation and develop the products of tomorrow. In comparable levels of qualifications and skills, Tunisia offers competitive production costs in proportions ranging from 1 to 5 compared to European countries.

A competitive sector

Exports by the electrical, electronics and home appliance sector continue on a strong, steady growth path. Thanks to integration and strong exports, the sector’s rate of coverage has risen considerably, up from 66% in 2000 to 114% in 2008. The European Union, one of the most competitive markets in the world, remains the favorite destination of the sector’s goods. Hence France, Germany and Italy are the first European customers of Tunisia. Cable harnesses reflect excellence. Automotive cable harnesses for export have significantly contributed to growing production in the sector, accounting more than 30% of overall production in the electrical and electronic sector. Tunisia has become one of the main production sites for cable harnesses, with a growing share of sales on foreign markets, currently one of the top 10 suppliers of cable harnesses to the European Union.

Main exports • • • • • •

Wiring, cables and cable harnesses. Cut-off and electrical command apparatus. Transformers. Printed circuits. Regulatory material. Refrigerators, material and machines for cold systems.

Breakdown of exports in 2008 In % 6

3

Electrical equipment Electronic equipment 35

56

Telecommunications Domestic electrical appliances

National Institute of Statistics

Tunisian dinar (TND) = Euro 0.812 = USD 0.554 (average 2008)

BOSCH, CASCO, CEGELEC, DONCASTER CABLES, DRÄXLMAIER, FRITZ DRIESCHER, HAIER, HEINRICH KOPP, KASCHKE, KBE ELEKTROTECHNIK, KROMBERG & SCHUBERT, LATÉCOÈRE, London

LEAR CORPORATION, LEONI, OPTELEC, PHILIPS, RADIALL, SOCOMEC, SOMFY, SUMITOMO,

Brussels

SYLVANIA, VALEO, VOSSLOH SCHWABE, YAZAKI, YURA CORPORATION, ZODIAC...

Paris

Frankfurt Vienna

Electronic industries

Milan Barcelona

ACTIA GROUP, ANJOU ÉLECTRONIQUE, ASTEEL, COFIDUR GROUP, FITELEC, FUBA PRINTED

Rome

Madrid

CIRCUITS, ISOPHON VERTRIEB, JOHNSON CONTROLS, KASCHKE, LACROIX ÉLECTRONIQUE,

Tunis

MENTOR, PHILIPS, PHOENIX, SAFRAN, SIEMENS, ST MICROELECTRONICS, THOMSON

Tunisia

In Euros

• manufacture of finished products for the local and African markets; • manufacture of sub-assemblies or components for export to Europe. Mastery of CMS (Control Management Systems) technologies has allowed for manufacture of large-and medium-scale series for European electronic industries.

Electrical industries

MULTIMEDIA, WECO WESTER EBBINGHAUS, YAMAICHI ELECTRONICS, ZOLNER...

Annual income in electric industries

Tunisia

The success of Tunisia’s electrical, electronic and household appliance sector is attributable to acquisition of know-how, the wide range of items produced, optimized production costs, strong innovative capacity, the presence of major international groups, and the proximity of European markets. Development of the electrical, electronic and household appliance sector in Tunisia is based on a two-pronged strategy:

“Tunisian engineers make up a skilled, motivated, highly responsible team. Employees have learned German in just a few months. Better production, productivity and results have led to setting up of a second plant in the space of just a few years.”

A growing synergy between industry and engineering Along with the positive trend in investment recorded in the production of electrical and electronic components, Tunisia positions itself as a regional center of excellence in industrial engineering. Several international firms already have centers of expertise in Tunisia. This is the case of the group ST MICROELECTRONICS which has a development center devoted to semiconductors and of companies such as SAGEM, LEONI, SIEMENS, ACTIELEC and YAMAICHI ELECTRONICS which created development centers dedicated to their industrial activities, employing hundreds of Tunisian engineers and managers. Other companies are setting up engineering centers in Tunisia in collaboration with local partners. This is the case of the French companies SAFRAN and SOPRA MIDI-PYRENEES which selected two leading companies in Tunisia i.e. TELNET and MEDSOFT to develop projects in the field of engineering for the aerospace industry. The presence of major international groups Several foreign investors, namely major well known parts manufacturers and principals in automotive and electrical industries have chosen Tunisia to boost growth thanks to existing, effective infrastructure, reliable regularly-scheduled means of transport, efficient logistics, the professional support of specialized technical centers, control laboratories, training capacity and low costs for skilled manpower with ever-better capacity to master complex production processes. They achieve significant profits and increase their production capacity through successive extension operations of their activities in Tunisia.

A favorable

environment Tunisia’s geo-strategic location and modern infrastructure facilitate access to companies located in the countries that constitute its main key markets, allowing for just in time production. Less than two hours’ flight time from European cities, Tunisia has eight international airports located throughout the country, with some 100 foreign airlines running more than 1,300 weekly flights to Europe. There are also six commercial ports and a modern maritime fleet that meets norms of security and rapidity and provides regular service to the main European ports. Investment can be freely made in the electrical, electronic and home appliance sector. Foreign investors can hold up to 100% of capital in a given undertaking without authorization. They can also repatriate profits and gains from the sale of capital invested in foreign currency, including appreciation.

“In Tunisia we have found very high level engineers, managers and technicians, effective import-export logistics, slow-growing labor costs, a network of local suppliers in various areas and simplified customs procedures.” Gaby LOPEZ, General Director of the ZODIAC GROUP in Tunisia

Tunisia has been a member of the WTO since 1993 and it signed an association agreement with the European Union in 1996 which led to the implementation of a free trade zone in January 2008. Tunisia has also signed preferential agreements with Maghreb and Arab countries. Entry into force of the regional agreement governing an Arab free trade zone will soon take place. Procedures to set up a business are simple and can be carried out at the one-stop shops available at the Industry Promotion Agency “API” offices in Tunis, Sfax, Sousse, Nabeul, Gafsa, Gabes and Beja, where you can find all relevant administrations. Projects’ declaration and legal incorporation of companies can also be accomplished on line via website www.webentcreation.tunisieindustrie.nat.tn.

“A sound business operation in Tunisia is an important step in our plans to expand operations in North Africa.” Kick STAM, President and CEO of PHILIPS LIGHTING BRANCH

The investment incentives code provides for a number of incentives in the form of tax and levy exemptions and investment subsidies and bonuses. The creation of a technology park in Sousse dedicated to the mechanical sector, electronics and Information technology. The park covers an area of 60 ha hosting technological and industrial activities for a better synergy between research and industry in the field of R & D and innovation. Support structures for investors. The sector benefits from professional support: • the Technical Center for Mechanical and Electrical Industries (CETIME), • the National Electricity Federation (FEDELEC), • the National Standardization and Industrial Property Institute (INNORPI). The sector also receives support from the Foreign Investment Promotion Agency, the Industry Promotion Agency, and the Export Promotion Center to develop ideas and to set up companies and export activities. Very pleasant living conditions. Tunisia is a country that has done a good job of reconciling tradition and modernity. Tunisians are tolerant and hospitable. The climate is mild and there are many facilities: modern residential neighborhoods, many shopping centers and super stores, foreign schools, high level medical services, recreational parks, and extensive tourism infrastructure.

Several key activities have considerable investment potential. Manufacture of automotive parts by major suppliers of parts: such as the ACTIA GROUP, CASCO, VALEO, AUTOLIV, KASCHKE, JOHNSON CONTROLS, LEAR, LEONI, BOSCH, ZODIAC, which supply major carmakers such as RENAULT, PEUGEOT, CITROEN, BMW, VOLKSWAGEN, MERCEDES, FIAT, AUDI, TOYOTA, NISSAN… Manufacturing parts and components for the aerospace industry: a booming activity in Tunisia. With its expertise and experience in the field of Electrical & electronics industry, Tunisia is currently hosting more than 50 companies operating in manufacturing products and components for the aerospace industry. Companies like ANJOU ÉLECTRONIQUE, LATECOERE, SAFRAN GROUP, ZODIAC respectively produce electric and electronic components designed for AIRBUS, BOEING, EUROCOPTER, DASSAULT, EMBRAER, BOMBARDIER.

By investing in Tunisia you will be able to take advantage of investment opportunities, especially in the following activities • • • • • • • • •

Printed circuits, electronic cards Coils and transformers Condensers and resistances Connectors Wiring and cables, cable harnesses Batteries Lighting apparatus Switches Circuit breakers.

Electrical, electronic industries in Tunisia

Investing in Tunisia also means investing in a strategic sector which aims at reaching the following objectives in 2016: • the growth of the branch and the implementation of structuring technological projects: - by creating R&D centers and engineering and design firms for businesses: 3,000 engineers in 2016 as against 600 currently, - by the implementation of production projects for printed circuits in small series LCD and plasma, - by developing platforms of logistics related services - by increasing the share of subcontracting in the sectors of auto and aerospace components: 77 % of a vehicle in 2016, - by developing embedded electronics and crossings between sectors of: ICT, electronics, mechanics and plastics, • the development of an area dedicated to the industry of aerospace components, • the contribution of the competitiveness pool through the creation of 8,000 employment positions and 150 firms.

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: fi[email protected] 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: fi[email protected] Cologne Hohenstaufenring 44-46 50674 Köln Tel.: (49-221) 240 33 46 • 240 33 47 Fax: (49-221) 240 34 46 E-mail: fi[email protected]

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 Madrid Avenida Alfonso XIII, 68 Madrid-28016, España Tel.: (34-91) 510 48 47 Fax: (34-91) 510 48 95 E-mail: fi[email protected] 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: fi[email protected] Paris 8, rue de la Bienfaisance 75008 Paris Tel.: (33-1) 45 22 68 57 Fax: (33-1) 45 22 68 53 E-mail: [email protected]

SERVICED 71 86 12 19

A sector with strong investment potential

FIPA–Tunisia, your partner for success 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.

2009

Invest in Tunisia

The investment incentives code provides for a number of incentives in the form of tax and levy exemptions and investment subsidies and bonuses. The creation of a technology park in Sousse dedicated to the mechanical sector, electronics and Information technology. The park covers an area of 60 ha hosting technological and industrial activities for a better synergy between research and industry in the field of R & D and innovation. Support structures for investors. The sector benefits from professional support: • the Technical Center for Mechanical and Electrical Industries (CETIME), • the National Electricity Federation (FEDELEC), • the National Standardization and Industrial Property Institute (INNORPI). The sector also receives support from the Foreign Investment Promotion Agency, the Industry Promotion Agency, and the Export Promotion Center to develop ideas and to set up companies and export activities. Very pleasant living conditions. Tunisia is a country that has done a good job of reconciling tradition and modernity. Tunisians are tolerant and hospitable. The climate is mild and there are many facilities: modern residential neighborhoods, many shopping centers and super stores, foreign schools, high level medical services, recreational parks, and extensive tourism infrastructure.

Several key activities have considerable investment potential. Manufacture of automotive parts by major suppliers of parts: such as the ACTIA GROUP, CASCO, VALEO, AUTOLIV, KASCHKE, JOHNSON CONTROLS, LEAR, LEONI, BOSCH, ZODIAC, which supply major carmakers such as RENAULT, PEUGEOT, CITROEN, BMW, VOLKSWAGEN, MERCEDES, FIAT, AUDI, TOYOTA, NISSAN… Manufacturing parts and components for the aerospace industry: a booming activity in Tunisia. With its expertise and experience in the field of Electrical & electronics industry, Tunisia is currently hosting more than 50 companies operating in manufacturing products and components for the aerospace industry. Companies like ANJOU ÉLECTRONIQUE, LATECOERE, SAFRAN GROUP, ZODIAC respectively produce electric and electronic components designed for AIRBUS, BOEING, EUROCOPTER, DASSAULT, EMBRAER, BOMBARDIER.

By investing in Tunisia you will be able to take advantage of investment opportunities, especially in the following activities • • • • • • • • •

Printed circuits, electronic cards Coils and transformers Condensers and resistances Connectors Wiring and cables, cable harnesses Batteries Lighting apparatus Switches Circuit breakers.

Electrical, electronic industries in Tunisia

Investing in Tunisia also means investing in a strategic sector which aims at reaching the following objectives in 2016: • the growth of the branch and the implementation of structuring technological projects: - by creating R&D centers and engineering and design firms for businesses: 3,000 engineers in 2016 as against 600 currently, - by the implementation of production projects for printed circuits in small series LCD and plasma, - by developing platforms of logistics related services - by increasing the share of subcontracting in the sectors of auto and aerospace components: 77 % of a vehicle in 2016, - by developing embedded electronics and crossings between sectors of: ICT, electronics, mechanics and plastics, • the development of an area dedicated to the industry of aerospace components, • the contribution of the competitiveness pool through the creation of 8,000 employment positions and 150 firms.

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: fi[email protected] 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: fi[email protected] Cologne Hohenstaufenring 44-46 50674 Köln Tel.: (49-221) 240 33 46 • 240 33 47 Fax: (49-221) 240 34 46 E-mail: fi[email protected]

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 Madrid Avenida Alfonso XIII, 68 Madrid-28016, España Tel.: (34-91) 510 48 47 Fax: (34-91) 510 48 95 E-mail: fi[email protected] 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: fi[email protected] Paris 8, rue de la Bienfaisance 75008 Paris Tel.: (33-1) 45 22 68 57 Fax: (33-1) 45 22 68 53 E-mail: [email protected]

SERVICED 71 86 12 19

A sector with strong investment potential

FIPA–Tunisia, your partner for success 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.

2009

Invest in Tunisia