Invest In Tunisia

5 MAJOR REASONS TO INVEST IN TUNISIA
(1) Openness and proximity to major markets (4) A reliable and improving infrastructure
(2) A liberal and competitive economy (5) A favorable environment and numerous opportunities
(3) Skilled and competitive human resources

A liberal and competitive economy

Liberalism
Except for a few sensitive large-scale consumer goods, production is subject to international competition and production prices are set by market mechanisms.

The Economic Freedom Index
Investment is free for nationals and foreigners in numerous sectors of the economy.
Foreign investors can repatriate profits as well as capital.
The Tunisian dinar has been convertible for current transactions since 1994.

Competitiveness
The following ratings have been awarded to Tunisia by financial institutions and rating agencies since 1994.

Standard & Poor’s BBB Moody’s Baa3
IBCA BBB I & R BBB+

The French Company for Foreign Trade insurance ( COFACE) states that Tunisia merits the best risk rating in the region: A4 in short term, with good prospects for the medium term.
Country Risk Report 2002, Le MOCI.

Tunisia has a long history of exports in traditional sectors like textiles. An entrepreneurial mentality is part of Tunisian society’s value system, especially in Tunis and Sfax. This outlook is essential to ensure competitiveness on world markets.
World Bank study on new information and communication technologies in Tunis, January 2002.

Performance
  • Sustained growth :5.3% annually from 1997 to 2001.
  • Export performance : 6.6% annually from 1997 to 2001.
  • Low inflation: 1.9% in 2001.
  • External dept service:15% of current revenue in 2001.
  • Budget deficit:2.4% of GDP in 2001.
  • Current deficit: 4.3% of GDP in 2001.

Sound management of the economy and fair distribution of income across social classes have fostered sound social development.
*The middle class accounts for 80% of the population.
Purchasing Power Parity has reached $5700.
*Only 4.2% of the population lives below the poverty line.
*78.2% of households own their own homes, as per a 1999 survey.