Industry in Tunisia
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TUNISIA, 2015/12/26
With job creation a priority, Tunisia is rolling out new advisory and financing mechanisms to increase support for entrepreneurs, inclunding entrepreneurship credit programmes and business incubators.
Donor support
Financial support for entrepreneurs in Tunisia is being made available through several channels. For example, the $1.2bn in loans announced by the World Bank in February 2014 to support economic and political reform in Tunisia included $100m earmarked for lending to small and medium-sized companies (SMEs).
The Overseas Private Investment Corporation of the US, meanwhile, has launched a $37.5m lending facility for Tunisian SMEs in partnership with several local banks, with a focus on the franchising sector. In a separate development, a local financial group, Microcred Tunisie, has pledged loans for entrepreneurs aged 18 to 35.
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TUNISIA, 2014/04/19
Revenues from exports in the manufacturing industry in Tunisia dropped by 4% over the initial three months this year, compared to the same period last year, the Tunisian agency for industry and innovation promotion, said on Thursday.
The revenues in the manufacturing industry sector were 5,843 million Tunisian dinars in the initial quarter of last year, as against 5,612 million dinars for the same period this year.
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TUNISIA, 2013/12/30
The political and economic crisis in Tunisia, since the change of regime in 2010, has negatively affected the industrial and commercial sector, inclunding the craft industry that has been, for decades, the major source of revenue for hundreds of thousands of Tunisian craftsmen.
With over 400,000 jobs created by 1,200 art companies, the craft industry sector has as well been an significant source of revenue for the Tunisian government as it contributes immensely to Gross Domestic Product (GDP).
The craft industry, which is linked closely to the tourist sector, has dropped significantly over the completed few years. The artisanal villages are facing difficulties inclunding the absence of monitoring and official assistance, said the Tunisian Trade and Art industry.
