NEW ECONOMIC VISION Ministry of Industry and Trade Wednesday 8 th - - PowerPoint PPT Presentation
NEW TUNISIA, NEW ECONOMIC VISION Ministry of Industry and Trade Wednesday 8 th March 2017 Prague, the Czech Republic Beligh Ben Soltane- International Marketing & Communication Director Agency Wednesday 8 th March 2017
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 beligh.bensoltane@fipa.tn www.investintunisia.tn
Wednesday 8th March 2017 beligh.bensoltane@fipa.tn www.investintunisia.tn
TUNISIA’S SWOT ANALYSIS
PROMISING INVESTMENT OPPORTUNITIES PREVAILING IN TUNISIA TUNISIA’S FACTORS OF COMPETITIVENESS
TUNISIA ECO DEVELOPMENT PLAN 2016-2020
TUNISIA 2020 + TIF 2017
STRENG ENGTHS
WEAK AKNE NESSES ES
OPPORT RTUNI NITI TIES ES
THREA EATS
Tunisia remains fragile.
high : 15% in 2016
concentrated on European countries.
and industrial bases are on the coast, and the interior has been less developed.
and presidential elections Q4, 14
the right track
expected to strengthen in 2017 (2.6 in 2017)
economy with important agricultural, mining, tourism and manufacturing industries.
exports, FDI and Tourism.
well for future policy formation.
economic strategy to
high rates of youth unemployment, a large number
income inequality, and substantial regional disparities.
system to achieve social justice and equitable sharing of the tax burden.
development strategy
different levels.
remains a significant problem.
a serious threat.
TUNISIA’S SWOT ANALYSIS
PROMISING INVESTMENT OPPORTUNITIES PREVAILING IN TUNISIA TUNISIA’S FACTORS OF COMPETITIVENESS
TUNISIA ECO DEVELOPMENT PLAN 2016-2020
TUNISIA 2020 + TIF 2017
EU FTA FTA Turkey
AGADIR AGREEMENT
Access to a market
Wednesday 8th March 2017 beligh.bensoltane@fipa.tn www.investintunisia.tn
Tunis Marseille London Paris
Arrival Paris Tuesday
Flights similar price for high value/small size consignments e.g. electronic components, PCBs, etc...
London Wednesday or Thursday Sailings to Marseille 3 times a week
Tunisia on Mediterranean rim
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 : ????
Wednesday 8th March 2017 beligh.bensoltane@fipa.tn www.investintunisia.tn
A European Know-How at Competitive Labour Costs
Total % of salary Benefits (€) (€)
19 24,79 34 34,75 36,25 40 10 20 30 40 50
Minimum Wage Social Charges
100 130 180 238 380 384 536 100 200 300 400 500 600
Price of Electricity
0,0713 0,088 0,0882 0,1678 0,2131 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
Wednesday 8th March 2017 beligh.bensoltane@fipa.tn www.investintunisia.tn
Minimum Wages in Czech Rep. 407.09 (€)/Month
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
Wednesday 8th March 2017 beligh.bensoltane@fipa.tn www.investintunisia.tn
Supporting Agencies to serve Investors
Investment 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
1 2 3 4 5 6
15 Cyber Parks
10 Poles of Competitiveness
9
International Airports 7 Commercial Ports
An extensive
roads network
About 150 Industrial Areas
Tunisian infrastructure includes
Wednesday 8th March 2017 beligh.bensoltane@fipa.tn www.investintunisia.tn
by worldwide
3 346 foreign companies MTND 20 000 361 225 jobs
2,5% 2.6%
Textile & Clothing Mechanical, metalic & metallurgic Electric & Electronics Agri-business Miscellaneous Leather & Shoes Plastics Construction Materials Chemicals & Rubber Pharmaceuticals
Manufacturing Industry
1%
Agriculture
T
Services
Stock
Wednesday 8th March 2017 beligh.bensoltane@fipa.tn www.investintunisia.tn
SOURCE : Tunisian Newspaper ‘ LA PRESSE’
5
Wednesday 8th March 2017 beligh.bensoltane@fipa.tn www.investintunisia.tn
TUNISIA’S SWOT ANALYSIS
PROMISING INVESTMENT OPPORTUNITIES PREVAILING IN TUNISIA TUNISIA’S FACTORS OF COMPETITIVENESS
TUNISIA ECONOMIC DEVELOPMENT PLAN 2016-2020
TUNISIA 2020 + TIF 2017
Call Centres & BPO Renewable Energies Financial Services Electronics Textiles & Clothing Food processing industries ICT Automotive components Aerospace Industries
Wednesday 8th March 2017 beligh.bensoltane@fipa.tn www.investintunisia.tn
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
Wednesday 8th March 2017 beligh.bensoltane@fipa.tn www.investintunisia.tn
267 companies 80 000 jobs 12% annual growth rate €2.2 b Tun. Exports 2016 38% Local integration rate
Dräxlmaier Leoni
Lear Corp
Yazaki Delphi Kromberg & Shubert Cofat Valeo
World leading suppliers with large production units already present in Tunisia
Wednesday 8th March 2017 beligh.bensoltane@fipa.tn www.investintunisia.tn
A A buoyant nt in industry ry Number of Companies Jobs created 11 40 65 75 2004 2008 2011 2016 1310 3835 9193 13000 2004 2008 2011 2016
Wednesday 8th March 2017 beligh.bensoltane@fipa.tn www.investintunisia.tn
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
Tunisair Technics, Sita, Aviaition IT Services Africa, Sabena Technics MIR …
Wednesday 8th March 2017 beligh.bensoltane@fipa.tn www.investintunisia.tn
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
1 800 Companies +300 foreign companies +34 000 jobs
Wednesday 8th March 2017 beligh.bensoltane@fipa.tn www.investintunisia.tn
1 822
230 000
ENTREPRENEURIAL FABRIC
JOBS
Confirmed know how Available trained manpower Just in time delivery Presence of major Brands
Wednesday 8th March 2017 beligh.bensoltane@fipa.tn www.investintunisia.tn
3rd world Producer
1st world exporter
2nd African country exporting organic products
10th world Producer
1 064 COMPANIES (113 FOREIGN)
71 000
ENTREPRENEURIAL FABRIC JOBS
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
Wednesday 8th March 2017 beligh.bensoltane@fipa.tn www.investintunisia.tn
Solar Energy Potential Wind Energy Potential
Wednesday 8th March 2017 beligh.bensoltane@fipa.tn www.investintunisia.tn
TUNISIA’S SWOT ANALYSIS
PROMISING INVESTMENT OPPORTUNITIES PREVAILING IN TUNISIA TUNISIA’S FACTORS OF COMPETITIVENESS
TUNISIA ECO DEVELOPMENT PLAN 2016-2020
TUNISIA 2020 + TIF 2017
Economic Hub Sustainability Human Development and Social Inclusion Good Governance Meeting inland regions aspirations
1 2
Wednesday 8th March 2017 beligh.bensoltane@fipa.tn www.investintunisia.tn
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 Competition
Law Wednesday 8th March 2017 beligh.bensoltane@fipa.tn www.investintunisia.tn
Market Access Guarantees and Obligations Encouraging 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
Wednesday 8th March 2017 beligh.bensoltane@fipa.tn www.investintunisia.tn
TUNISIA’S SWOT ANALYSIS
PROMISING INVESTMENT OPPORTUNITIES PREVAILING IN TUNISIA TUNISIA’S FACTORS OF COMPETITIVENESS
TUNISIA ECO DEVELOPMENT PLAN 2016-2020
TUNISIA 2020 + TIF 2017
4500 attendees 1500 foreigners 88 countries represented 2247 Connex Me users Over 400 journalists
Regaining Trust among Financial Institutions and Foreign Investors
Wednesday 8th March 2017 beligh.bensoltane@fipa.tn www.investintunisia.tn
Teaser TIF2017
Wednesday 8th March 2017 beligh.bensoltane@fipa.tn www.investintunisia.tn
Beligh Ben Soltane - International Marketing Director - Invest in Tunisia Agency
Wednesday 8th March 2017 beligh.bensoltane@fipa.tn www.investintunisia.tn