Tunisia has announced plans to launch an “Automotive Smart City,” a large-scale project designed to significantly boost the country’s industrial sector and solidify its position on the global automotive map. The initiative is expected to create tens of thousands of jobs and drive a new wave of exports and technological advancement.
A Strategic Push For Industrial Transformation
The Automotive Smart City is projected to have a substantial economic impact, with officials anticipating the creation of 60,000 jobs in its initial phase and a long-term goal of reaching 150,000 jobs in the coming years. The project is a core component of Tunisia’s industrial strategy, aiming to elevate the country’s offering within the global automotive value chain. A key target is to raise the sector’s export value to $4.3 billion (13.5 billion Tunisian dinars) by 2027.
Attracting Global Investment In Green Mobility
This initiative is part of a broader sectoral competitiveness pact designed to attract significant foreign investment. The project aims to draw approximately $300 million in large-scale investments, with a specific focus on manufacturing electric and smart vehicles. By concentrating on green mobility technologies, Tunisia is positioning itself to compete in the future of the automotive industry and enhance its industrial sovereignty in strategic sectors.
About Tunisia’s Automotive Sector
The automotive components industry is one of the most vital mechanical and electrical sectors in Tunisia. The country is currently the second-largest exporter of automotive parts and components in Africa, with the European Union being its primary market. This new smart city project is set to build upon this strong foundation, leveraging advanced technologies to drive further innovation and growth.
Source: Successful Tunisia