23 June 2009
Tunis — An annual survey carried out by the Tunisian German Chamber of Commerce and Industry was presented to the press in Tunis on Tuesday.
The survey shows that garment and textile sector continues to represent the bulk of German investments in Tunisia, with 61% of German offshore companies operating in the sector.
The second most important group of German exporting companies is made of electronic industries (28%).
Business wise, 61% of German companies operating in Tunisia say they have recorded positive results, however 61% also project a decrease in export profits in 2009 (15% in 2008).
A third of the companies surveyed are tabling on a stable or positive outlook for 2009.
Concerning Tunisia's business environment, most of the companies surveyed, stress the country's social and political stability, fiscal incentives and geographic proximity.
Insofar as improvements are concerned, they evoke the low productivity of workers, administrative rigidity and the non availability on the market of certain qualifications.
German offshore companies also wish for a strengthened economic exoneration, the modernization of the administration and the improvement of infrastructure in the sectors of ICT, transport and banking.
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