The Tunisian real estate development industry is fragmented, with a large number of developers for a comparatively small market. Property and especially land prices have seen consistently strong growth in recent years, but 2015 was a difficult year for developers due to factors such as rising construction costs, land shortages and reduced...
Unlike many economies elsewhere on the continent, Tunisia’s construction market is dominated by local firms, which are also becoming increasingly active abroad, not only in nearby countries like neighbouring Algeria, but also in parts of West Africa. The domestic market is primarily driven by government investment and, following a slowdown in...
Tunisia is considered to be one of the success stories – if not the success story – of the Arab Spring, but that does not mean its economy has escaped the turbulence of recent years. The instability generated by Tunisia’s 2011 revolution resulted in the delayed roll out of important infrastructural projects and needed maintenance of existing...
In December 2015 the Road Transport Corridors Project – a $230m World Bank initiative to upgrade Tunisia’s interior roads – was launched. The project’s main purpose is to improve three key road corridors that connect lagging interior regions with Tunisia’s coastal economic growth poles, where opportunities for advancement tend to be...
Since the days of ancient Carthage, Tunisia has been hugely reliant on its ports to tap into foreign markets. Even today it conducts 96% of its foreign trade by sea. As a result, the country has a vast network of maritime-related infrastructure. It has two container ports in Tunis and Sfax and seven smaller, specialised commercial ports. More...
Although insurance penetration levels in Tunisia are low by international standards, overall premiums are growing steadily and the life segment is expanding rapidly, as are new niches such as takaful (Islamic insurance) and micro-insurance. The industry regulator is also working on a number of reforms to bolster sector development,...
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