Transcript Time to Invest In Tunisia

Bridging gaps together:Time to
Invest In Future
Presented by: Sana GHENIMA
C.E.O of SANABIL MED
President of «Women & Leadership »
AIWF, 10th Anniversary Conference,
London 12th May 2011
The Tunisian Revolution:
Digital & Soft
• REVOLUTION___MADE
_IN_TUNISIA\VIDEO_T
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Revolution and beyond
• Young Men & Women
made this revolution for a
better future, for dignity,
freedom, democracy and
especially EMPLOYMENT.
• No coming back on what
we built before and
especially women rights.
Three reasons to invest in Tunisia
strategic location in the Mediterranean
Tunisian figures:
• Population of 10.3
millions
• Literacy rate exceeding
80%
• GDP/capita of $3,700
• GDP growth averaged
over 4% per annum
since 2000
• Inflation rate of 3%
Tunisia: a small country, a trend-setting nation
First Arab country to ….
• Abolish slavery in 1848
• Establish a constitution in 1861
• Abolish polygamy in 1956
• Give right to vote to women in 1957
• Legalize abortion in 1973
• Reach literacy rate akin to that of OECD
countries in 1992
• Overthrow a dictator through a popular
revolution in 2011
Why invest in Tunisia, why now?
• Tunisia has travelled the furthest among many
developing countries in its journey toward
becoming a prosperous democracy
- Small, homogeneous and highly educated
population
- Model for gender equality and tolerance in
developing countries
- Consistently peaceful, economically
prosperous country
- Strategically located in the Mediterranean
region
Why invest in Tunisia, why now?
A significant upside today to
investing in Tunisia
– Promote the development of one of the first
true democracy in the Arab world
- Support the blossoming of a model for a
tolerant Islam as the best way to counter
terrorism
- Encourage the emergence of a regional
economic hub with reach extending to the
Arab world, Europe and Africa
Massive investment in education has yielded
glowing results
“If you had to explain America’s economic
success with one word; that word would
be Education”, Paul Krugman, Nobel
Prize in Economics
Key facts about education in Tunisia:
• 8% of GDP allocated to education
• 20% of the population in the educational
system (K-12 and university level)
• 56% of university students are female
• 30% of students follow courses in computer
science, engineering sciences and other
technical subjects
• A country recognized for its innovation:
ranked first in Africa (WEF, 2009-2010)
Solid institutions and a modern infrastructure
Solid Institutions:
• Through the revolution, basic services
continued to function normally: water, electricity,
telephone, internet, etc.
• Less than a week after the revolution,
government institutions, businesses, the stock
market, schools and universities were
functioning
A modern infrastructure
• Several mega projects are underway to
complement an already modern infrastructure
(deep water port, new industrial zones)
• Proximity and connections to Europe, the Middle
East and Africa a great asset
great place to live, one which will only
get better
• A country of history
and culture
• Good quality of life
• Open society, host to
over 7 million tourists
yearly
• Proximity to Europe is
a great plus
A variety of attractive sectors to invest in
Mechanical/Electrical:
• Presence of the main suppliers to Europe•
• Among the 10 main suppliers of cable harnesses to EU countries
ICT:
• First in Africa as relates to the willingness to enhance and benefit
from technology and innovation (Davos 2010-1011 report)
Food Industry:
• 4th exporter of olive oil and 1st exporter of dates globally
• Significant exporter of citrus fruits
Textile:
• 5th supplier of textile to the EU
• 2nd supplier to France after China
Leather and footwear:
• Tunisia exports 40% of its production to the EU
Plastics Industry:
• Presence of main international equipment manufacturers industries
such as automotive, aerospace, etc
Investment opportunities: ICT
• Software development:
– Industrial engineering
– Services related to Human
resource Management,
Finance and Accountancy
• Call Centers:
– Telemarketing
– Technical support
• Data centers:
– Content Industry
– Digitalisation of documents
– Digital culture & Education
Investment opportunities: automotive
components
Electronics:
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MOLEX: Connectors
FCI: Connectors
FUBA: Printed Circuits
ACTIELEC: Electronic Cards
JOHNSON CONTROLS: Cockpit
Indicators
Plastic components:
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PLASTIVALOIRE
IMTEC
NIEF PLASTIQUE
MGI COUTIER
Wire Harnesses
•DRAXLMAIER
•LEONI
•YAZAKI
•LEAR AUTOMOTIVE
•KROMBERG & SCHUBERT
•YURA CORPORATION
•SUMITOMO
•COROPLAST
Others:
•AUTOLIV: Seat Beltsn
•ZODIAC: Airbags
•FAURECIA: Seat Covers
•VALEO: Clutch Systems
•BOSCH: Microphones &
Loudspeakers
Investment opportunities: aerospace
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AIP
TTE International
Anjou
COFITEL
Globe Technologie
ZODIAC
Aero Stanrew
MECAHERS
HUTCHINSON
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SOTIP
DURIAL
COMMECA
SEGNERE
EUROCAST SAFRAN
SOPRA Midi-Pyrénées
SOGECLAIR
ALTRAN
LATELEC
An overall favorable environment for
multinationals….. But:
Still have more than 600.000
unemployed persons!!!
• The Libyan crises added more than
50.000 !
• 150.000 high graduated
• 68% of them are WOMEN
• We trust in real partnerships shaping
better future and preserving the dreams
of those young people.
• Off shoring traditions are confirmed for
leading multinationals
• Prosperity is our dream to avoid also
illegal immigration
.... Challenges!!!
Let’s support those
emerging economies,
emerging leaderships,
emerging
democracies.... Via
their young labour
forces!... and No one
will be left behind!!!
Thank you !!