05 October 2011 2:44 pm | | 0


Share     Share       Share     Share  

Since the revolution of January 14th, different attempts were made to support and protect the Tunisian economy. A program for the industry and emphasis on competitiveness and stimulating initiatives promoting innovation were set.

The industrial sector has witnessed an increase of 23%. Five-hundred ideas for new projects were elaborated, 30 of which were strategically studied by the Study Center for Industrial Prospective (CEPI). 51 projects have been realized thus far.

Projects studied where investment has reached 5 Million Tunisian Dinars for the first 8 months after the revolution, gave the following statistics:

2.7 global investments

24.3 % of industries focused on exports

25.5 % with foreign investments

7.3 % with regional development investments

Other sectors have been harmed, such as the leather and shoe industry regressing by 50%, as well as the textile industry.

The number of projects benefiting from government aid for small and medium-sized enterprise (SME) from 95 has decreased to 89 in the last 8 months. These projects will still create 2,339 jobs. The government’s contribution has reached 17 million Dinars.

Investments in the services sector has witnessed a declaration of 542 projects for an amount of 54 Million Dinars and providing 2,591 jobs.

The Tunisian Agency for Promotion of Industry (API) is still considering the creation of projects and jobs as a mission to be fulfilled. Now, it has 5 missions: application of  incentive code for investments by providing offices studying ideas and strategies , encouraging foreign collaborations and investments, assuring the management of the Tunisian Bank of Industrial Data to provide surveys and statistics, elaborating sectors and regional studies and promoting innovation.

Concerning regional development, API is working in collaboration with the Center for Promotion of Exportation (CEPEX) encouraging small and medium-seized enterprises on both a national and international level.

Source: La Presse

 

Share     Share       Share     Share  

  From the same category

            

Switzerland to Return $40 Million in Ben Ali Assets to Tunisia

Economy to ‘Remain Tough,’ 2015 to Be Worse, Says Government

Tunisia Pitches Development Projects to Arab Funders

Private Airline to Start Flights to New York

            

Ben Ali Family’s Corrupt Grasp on Tunisian Economy Detailed in New Report

New 5 Dinar Bill Replaces Last Ben Ali Banknote

African Development Bank Maintains $2.1 Billion in Support for Tunisia

Despite Possible Price Increase, Beer Drinkers Say They Will Keep Drinking

            

Elimination of Cement Subsidies Could Raise Construction Costs

Union and Government Discuss Potential Minimum Wage Increase

Protesting Police Officers Block Traffic at Major Tunis Roundabout

Bahrain Bank Funding New Three Billion Dollar Investment Center in Tunisia


Leave Feedback


  Follow us

Connect on YouTube Connect on Google+ Connect to itunes Subscribe via RSS Feed



  Latest Videos


Play Video

Motocross Racers in the Forests of Bizerte, Tunisia

Bizerte, the northernmost city in Africa, hosted the fourth round of the...

Play Video

Endangered Whale Brought Ashore in Tunis Suburb

Onlookers in the popular tourist spot of Sidi Bou Said, near Tunis,...

Play Video

'Kima Enti:' Mixing Tunisian Traditions With Modern Design

"Kima Enti" is a hand-made art and design project launched by independent...

Play Video

One-Year Anniversary of Chokri Belaid's Death

On February 6, 2014, family and supporters of slain Tunisian politician Chokri...

Play Video

Klay BBJ explains his arrest

Tunisia Live's Nissaf Slama interviews rapper Klay BBJ on his music, arrest,...



Tabbed Structure - Regular
UGTT Union Nominated for Nobel Peace Prize...
(1325 Views)
Unemployed Tunisians Risk Their Lives to Build Future...
(1134 Views)
Tunisia Returns Stolen Ancient Artifact to Algeria...
(1132 Views)
Switzerland to Return $40 Million in Ben Ali...
(1089 Views)
Motocross Racers in the Forests of Bizerte...
(821 Views)
NCA Approves Judicial Body, Looks Ahead to Electoral...
(819 Views)
Pollution Ravages Old Port of Tunis...
(819 Views)
Ben Ali Officials To Be Released in Revolution...
(785 Views)
Members ‘Freeze’ NCA Participation Over Reduced Sentences for...
(747 Views)
 
Low Turnout and Mixed Feelings for Algerians Voting in Tunisia...
Update: Libyan Kidnappers Demand Militants’ Release...
New Areas Around Chaambi Declared Military Zones...
Pollution Ravages Old Port of Tunis...
NCA Approves Judicial Body, Looks Ahead to Electoral Law...
Motocross Racers in the Forests of Bizerte...
Unemployed Tunisians Risk Their Lives to Build Future in Europe...
Members ‘Freeze’ NCA Participation Over Reduced Sentences for Ben Ali Officials...
Ben Ali Officials To Be Released in Revolution Killings Case...