Tunisia Seeks to Attract High-Value Investments in the Automotive Sector
As part of its strategy to attract high-value investments, the Tunisian Investment Authority (TIA) recently hosted the Tunisian Automotive Association (TAA) and a delegation from GRITSIL, a Chinese company specializing in silicone components for cable harnesses, electric mobility applications, and advanced battery solutions.
GRITSIL, recognized for its innovative technologies and commitment to sustainable mobility, is currently accelerating its nearshoring strategy to move closer to its customers and strengthen the resilience of its global supply chain.
During the meeting, the delegation highlighted the strong potential of the Tunisian automotive ecosystem, the quality of its specialized talent, and the country's strategic position as a reliable and competitive nearshore production base.
The Tunisian Investment Authority reaffirmed its willingness to support GRITSIL in exploring Tunisia as an investment destination, offering guidance on regulatory frameworks, incentives, and facilitation measures for innovative industrial players.
This meeting illustrates Tunisia's desire to consolidate its position as a regional hub for the automotive industry and sustainable mobility technologies.
Key Points:
- The Tunisian Investment Authority (TIA) hosted the Tunisian Automotive Association (TAA) and a delegation from GRITSIL, a Chinese company specializing in silicone components.
- GRITSIL is accelerating its nearshoring strategy to move closer to its customers and strengthen its global supply chain.
- The delegation highlighted the strong potential of the Tunisian automotive ecosystem and the country's strategic position as a nearshore production base.
- The TIA offered to support GRITSIL in exploring Tunisia as an investment destination, providing guidance on regulatory frameworks and incentives.
