Latest news with #TunisiaInvestmentAuthority
African Manager
08-08-2025
- Business
- African Manager
Tunisia sees 3.3 billion dinars in investments declared in H1 2025
The Tunisia Investment Authority (TIA) announced on Thursday a national increase in declared investments for the period from January to June 2025. The total declared investments reached 3.3 billion dinars, marking a 16.9% increase compared to the same period in 2024. This growth is largely driven by a major tourism project in the governorate of Jendouba, valued at 300 million dinars, expected to create 600 new jobs. Reported investments are projected to generate approximately 45,839 job opportunities, a 4% increase from the previous year. New business creations dominate the investment landscape, accounting for 75% of the total (2,477.9 million dinars) and 88% of declared jobs (40,310 positions), highlighting the entrepreneurial momentum in the country. Industry leads with 37% of total investments and 39% of projected jobs, reflecting a 9.6% rise in investment and a 7.5% increase in job creation compared to 2024. The services sector follows, representing 23% of investments (749.2 million dinars) and 48% of jobs (21,795 positions). The agricultural sector, despite an 18% decline, still makes up 18% of investments (586.6 million dinars) and contributes 4,832 jobs. Tourism accounts for 13% of investments (434.3 million dinars), with 1,050 jobs expected. Renewable energy represents 9% of investments (307 million dinars). Kairouan stands out with 10.1% of total investments, thanks to a 280-million-dinar renewable energy project. Investments in regional development zones total 1,685.3 million dinars, making up 51% of the national total. Four National Interest Projects (PIN) have been declared to the TIA, totaling 715.2 million dinars and projected to create 1,319 jobs. Projects with foreign investment account for 944.5 million dinars (29%) and are expected to generate 8,880 jobs (19% of declared positions).
Yahoo
28-05-2025
- Automotive
- Yahoo
KPIT opens new engineering centre in Tunisia
KPIT Technologies, an automotive software and mobility engineering firm, has inaugurated its new software engineering centre in Sfax, Tunisia. This move is set to strengthen the company's delivery footprint and accelerate innovation within the mobility ecosystem. The opening ceremony saw the attendance of senior leaders from the Tunisian automotive sector, investment authorities, universities, and KPIT's leadership. KPIT Technologies CTO Anup Sablesaid: 'Mobility leaders around the world are navigating complex transformations—dynamic trade environment, needing to innovate at speed and scale while substantially saving costs. "Our new centre in Tunisia will be developed as a centre of excellence to drive innovation in propulsion software, vehicle network development, validation and further expand in other domains. The centre will also become strategic to deliver for European OEMs with location and timezone advantages for agility and scale.' This initiative not only benefits the local talent pool but also bolsters the prospects for the over 500 KPIT employees already based in Tunisia, enabling them to collaborate closely with OEMs. For more than two decades, KPIT has been a strategic partner to European mobility OEMs, and will also support OEMs across Germany, the UK, France, Italy, and beyond. This development further extends KPIT's global delivery network, which includes the US, Germany, France, Japan, China, Thailand, and India. Tunisia Investment Authority President Namia Ayadisaid: 'Tunisia reaffirms its position as a strategic hub for innovation and high-tech expertise, driven by a vibrant investment ecosystem and forward-looking reforms. The establishment of KPIT in Tunisia is a strong testament to this momentum and further strengthens our appeal as a prime destination for cutting-edge technology investments. "The Tunisian Investment Authority (TIA) is proud to support such transformative projects, which foster high-skilled employment, promote knowledge transfer, and deepen Tunisia's integration into global value chains. We applaud KPIT's commitment to Tunisia and express full support to international investors' KPIT Technologies had also established a new technology centre in Gothenburg, Sweden, with the objective of driving innovation in the mobility sector. "KPIT opens new engineering centre in Tunisia" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Time of India
26-05-2025
- Automotive
- Time of India
KPIT opens software engineering centre in Tunisia
KPIT Technologies has opened a new software engineering centre in Sfax, Tunisia , aimed at expanding its delivery capabilities in the mobility sector . The facility will serve as a hub for software development, with a focus on propulsion systems , vehicle network development and validation. The company said the Tunisia centre would act as a nearshore base for global automotive clients and strengthen its existing workforce in the country, which currently stands at over 500 employees. 'Mobility leaders around the world are navigating complex transformations—dynamic trade environments, needing to innovate at speed and scale while substantially saving costs,' said Anup Sable, chief technology officer at KPIT Technologies . 'Our new centre in Tunisia will be developed as a centre of excellence to drive innovation in propulsion software, vehicle network development, validation and further expand in other domains. The centre will also become strategic to deliver for European OEMs with location and time zone advantages for agility and scale,' he added. The company said the Sfax centre is strategically located to attract software engineering talent in Tunisia and will offer opportunities to work on global mobility projects . KPIT has operated in Tunisia for several years and continues to invest in growing its local presence. Namia Ayadi, president of the Tunisia Investment Authority , said, 'The establishment of KPIT in Tunisia … further strengthens our appeal as a prime destination for cutting-edge technology investments.' KPIT's delivery network spans the US, Germany, France, Japan, China, Thailand and India, and the company has longstanding partnerships with automotive clients across major global markets.
Time of India
24-05-2025
- Automotive
- Time of India
KPIT Technologies opens new software engineering center in Sfax, Tunisia
KPIT Technologies has inaugurated a new Software Engineering Center in Sfax, Tunisia, aimed at strengthening its software development capabilities in mobility technologies . The center is intended to serve as a hub for software engineering and innovation in propulsion software , vehicle network development, and related areas, with a focus on supporting European automotive original equipment manufacturers (OEMs). Commenting on the inauguration, KPIT CTO Anup Sable said, 'Mobility leaders around the world are navigating complex transformations — dynamic trade environments, needing to innovate at speed and scale while substantially saving costs. Our new center in Tunisia will be developed as a center of excellence to drive innovation in propulsion software, vehicle network development, validation, and further expand in other domains.' The facility is strategically located to take advantage of Tunisia's skilled software engineering talent and timezone benefits, enabling greater agility and scale for European OEMs. The center is also expected to provide more opportunities for the 500-plus KPIT employees already based in Tunisia. Reaffirming Tunisia's position as an innovation hub , Tunisia Investment Authority President Namia Ayadi remarked, 'The establishment of KPIT in Tunisia is a strong testament to this momentum and further strengthens our appeal as a prime destination for cutting-edge technology investments.' The new center in Tunisia is expected to bolster KPIT's nearshore engineering capabilities and support the company's expanding global footprint. The opening event was attended by senior representatives from Tunisia's automotive ecosystem, investment authorities, universities, and KPIT leadership. Recently, KPIT technologies, in its global expansion spree, also opened its technological center in Sweden, which will help it collaborate with Swedish and European OEMs and tap into local talent.
African Manager
29-01-2025
- Business
- African Manager
Tunisia: Reported investment up 7.1% to 5,614.5 million dinars in 2024 (TIA)
Reported investment at the national level reached 5,614.5 million dinars (MD) in 2024, posting a 7.1% increase compared to the same period in 2023. This growth is primarily attributed to improvements in renewable energy (+150%), the services sector (+43%), and industry (+3%), according to the statistical report on investment declarations for 2024, published on Tuesday by the Tunisia Investment Authority (TIA). The number of reported jobs across all sectors also rose by 6.7%, increasing from 92,337 in 2023 to 98,557 in 2024. The TIA highlighted the predominance of new business creation projects, noting that investments related to these projects amounted to 3,804 MD in 2024, accounting for 68% of total reported investment. These projects are expected to create 71,381 jobs, representing 72% of the total reported employment opportunities. Industry maintains dominance in reported investment The industrial sector retained its leading position in reported investment, representing 52% of the total reported investment, with a 3% increase compared to 2023. It also remains a major driver of job creation, with over 45,000 planned jobs, accounting for 46% of the total employment to be generated.
