Bolstered by a well-educated workforce, competitive costs, proximity to Europe and broadly good telecoms infrastructure, Tunisia has emerged as a regional centre for IT-related industries and export-oriented industries such as offshoring and business process outsourcing (BPO), though it is facing growing competition from nearby markets like...
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...
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