Tunisia, a performing aerospace supply chain - Invest in Tunisia ...

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A good entrepreneurial environment In Tunisia, the aerospace sector is a real investment opportunity to be seized by companies looking for better performance. They will enjoy a good business environment thanks to: a highly innovating Tunisian industrial sector with strong expertise and supported by about 1,000 companies operating in the sectors of mechanics, electricity and electronics, industrial quality modernization and upgrading program which allowed the certification of more than half of companies operating in the aerospace industry, a rate well above the certification average, made possible thanks to the programs funded by the State. Fast growing dedicated infrastructures The airport, port, road and telecommunication infrastructure in Tunisia is considered among the most modern in the southern shore of the Mediterranean and in Africa. Tunisia also has about a hundred industrial zones and 10 competitiveness poles including that of Sousse (centre of Tunisia), specializing in mechanical and electronic industries as well as the Aeropole in El Mghira, an area dedicated exclusively to the aerospace industry. The Aeropole in El Mghira is an integrated industrial platform, located in the southern suburbs of Tunis, which covers an area of over 200 hectares including 20 hectares dedicated to the Aerospace Park AEROLIA, a subsidiary of the European aerospace group EADS, which has chosen Tunisia to establish fourth site specializing in the construction of aircraft components and its first outside Europe after those of Meaulte, Saint Nazaire and Toulouse. Statement “Among the parameters that have encouraged us to setup our operations in Tunisia, There are of course competitiveness, proximity to our European markets, reliability, quality of infrastructure and facilities in Tunisia and then also the willingness of the Tunisian State to develop a high-tech industry particularly focused on aerospace industry.” Christian FORGER, Director, HUTCHINSON
A supportive infrastructure for investors The Tunisian Association of Aerospace and Aviation Industries (GITAS) supports manufacturers and investors in the aerospace branch. There are currently 33 member companies (compared to 19 in 2009). GITAS is very active and present at all levels; its main objectives are to promote exchanges and cooperation between enterprises of the aviation and aerospace field located in Tunisia, to develop a logistics network and an enabling environment and encourage the establishment of new companies in the field. There are also several national institutions that provide active support and assistance to investors efficiently: the Foreign Investment Promotion Agency (FIPA-Tunisia), the Agency for the Promotion of Industry and Innovation (APII), the Center for Export Promotion (CEPEX) and the Technical Center for Mechanical and Electronic Industries (CETIME). A favorable business environment Tunisia already offers foreign investors the following incentives: freedom to invest in the sector of aerospace components. Foreign investors can hold up to 100% of the project capital and can freely repatriate profits and proceeds from sale of the capital invested in foreign currencies, simple establishment procedures. They can be made at the one-stop desks the Agency for the Promotion of Industry and Innovation “APII”, an investment incentives code which provides several advantages in terms of tax and duties exemption and in terms of subsidy and investment incentives in particular for the establishment in areas of regional development, an association agreement with the European Union that led to a free trade area since January 2008, preferential trade agreements with North African and Arab countries, bilateral agreements establishing a free trade zone with Turkey, Egypt, Morocco, Jordan, Iraq and Libya and Agadir free trade agreement between Jordan, Egypt, Morocco and Tunisia. In addition, the Tunisian Revolution of January 2011 introduced the premises for a real takeoff of the national economy and accordingly sees promising future in the aviation industry supported by a healthier business climate with greater transparency, better governance and less corruption and encouraging private initiative. AEROSPACE Meetings, Tunisia 2012 24 th - 27 th September, 2012
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Tunisia, a performing aerospace supply chain - Invest in Tunisia ...

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