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Home Middle East

Tunisia & France Discuss Automotive Investment

July 4, 2024
Tunisia & France Discuss Automotive Investment
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Tunisia’s Minister of Industry, Mines, and Energy Fatma Zohra Thabet recently engaged in discussions with a French delegation to explore investment opportunities in the automotive component manufacturing sector, with a particular focus on seat cushions produced by Forvia.

During the meeting, Minister Thabet emphasized the ministry’s commitment to advancing this promising sector as part of the strategic objectives outlined in the partnership charter between the public and private sectors.

This charter aims to enhance the competitiveness of automotive components and equipment by 2027.

Forvia, a prominent French conglomerate, operates in 33 countries and boasts 257 production sites.

The company’s extensive network and expertise make it a valuable partner for Tunisia as it seeks to bolster its automotive industry.

The automotive component manufacturing sector in Tunisia has been identified as a key area for economic growth and development.

The strategic partnership between Tunisia and France aims to leverage Forvia’s global presence and expertise to enhance local production capabilities.

This initiative aligns with Tunisia’s broader economic goals of increasing industrial output, creating jobs, and improving the overall competitiveness of its manufacturing sector.

The partnership charter mentioned by Minister Thabet is a crucial framework designed to facilitate collaboration between the public and private sectors.

By focusing on strategic industries like automotive components, Tunisia aims to attract foreign investment, boost exports, and integrate more deeply into the global supply chain.

Forvia’s decision to explore further investment opportunities in Tunisia reflects the country’s potential as a hub for automotive manufacturing.

With a strategic location, skilled workforce, and supportive government policies, Tunisia is well-positioned to become a significant player in the automotive component industry.

The discussions between Tunisia and France mark a significant step towards achieving these goals, with potential benefits extending beyond economic growth to include technological transfer, skill development, and increased bilateral trade.

Tags: FranceTunisia
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