11 April 2014

Tunisia: Mission to Explore Investment Opportunities in Gabon, Congo

Tunis, — A mission to explore investment opportunities in Gabon and Congo will be organised by the end of May/beginning of June 2014, said President of the Middle East& Africa Exporters (MAEX) Association Houyem Ghrairi Trimech.

"Between 20 and 40 Tunisian companies will take part in this mission which is part of a new strategy to capture these two Central African markets," Mrs. Trimech noted at an information day on the investment, import and export potential in the two countries.

She added that the new strategy aims to encourage Tunisian operators to seize opportunities available to capture these promising markets.

Secretary General of MAEX Zied Jouadi said the two countries have the assets needed to attract Tunisian investors.

In addition to oil resources, which account for 50% of the GDP and 80% of the export revenues, Congo offers real opportunities in the sectors of services, finance, ICT, audit, tourism and entertainment (the country has only 60 hotels), he indicated.

Other opportunities are also available in the sectors of woods and environment, food industry, fisheries, agro-pastoral activities, construction and public works and banks.

Tunisia is the 42nd supplier and 48th customer of Congo, said the official, adding that Tunisia exports to Congo paper and cardboard, fats and vegetable oil, salt, sulphur, gypsum, lime and cement, aluminium and articles thereof, furniture and medical and surgical equipment.

Imports include iroko wood, okoume timbers, sapelli wood and tropical timber.

Tunisia is the sixth supplier of Gabon, which is the second African wood producer, the 4th Saharan African oil producer and the world's second producer of manganese, said Vice-President of MAEX Fraj Sassi.

He recalled that Gabon has the second forestry potential in Africa, saying the Gabonese forest covers 22 million hectares, i.e. 85% of the overall area of Gabon.

MAEX is an association bringing together Tunisian exports operating in the sectors of products and services. It seeks to promote multi-form partnership with operators in Africa and the Middle East.


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