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Mise en page 1 - Invest in Tunisia, The Foreign Investment ...

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S I O E N<br />

SIOEN has found <strong>in</strong> <strong>Tunisia</strong> a set of very favorable structural factors:<br />

political stability and bus<strong>in</strong>ess regulations that are very favorable to <strong>in</strong>vestm<strong>en</strong>t; and effici<strong>en</strong>t<br />

adm<strong>in</strong>istrative support that facilitates the sett<strong>in</strong>g up and operat<strong>in</strong>g of bus<strong>in</strong>esses.<br />

a calm social climate devoid of conflict, favorable to productivity and based on negotiations betwe<strong>en</strong><br />

workers, employers and public authorities that set conditions for the com<strong>in</strong>g four years.<br />

command of economic parameters, with low <strong>in</strong>flation, that means companies can plan on stable costs<br />

for the com<strong>in</strong>g three years and foreign exchange conditions that change <strong>en</strong>ough to adjust export<br />

prices.<br />

Manpower is able to quickly adapt to technical changes as they arise. Of particular importance is the<br />

quality of <strong>Tunisia</strong>n supervisory staff, who are able to analyze and quickly react <strong>in</strong> an autonomous manner<br />

to situations that change daily.<br />

This po<strong>in</strong>t is fundam<strong>en</strong>tal for manag<strong>in</strong>g a company that makes more than 3,500 products and that<br />

focuses on specific orders that must meet EU norms as well as customer needs (for example <strong>in</strong> design or<br />

security tagg<strong>in</strong>g), work<strong>in</strong>g <strong>in</strong> small series and no stocked <strong>in</strong>v<strong>en</strong>tory. In this context, geographic proximity<br />

and ease of logistics with Europe make a differ<strong>en</strong>ce.<br />

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