FIPA-Tunisia secures investment from Japan’s Sumitomo Corporation ($23m)
The Japanese industrial giant is to open a plant to manufacture automobile cable harnesses. It should be operational by the end of next year.
Someone shares this article with you
▪ FIPA-Tunisia secures investment from Japan’s Sumitomo Corporation ($23m)
▪ The Japanese industrial giant is to open a plant to manufacture automobile cable harnesses. It should be operational by the end of next year.
▪ https://www.africabusinessplus.com/en/801150/lapie-a-la-manoeuvre-sur-linvestissement-du-cablier-sumitomo-en-tunisie-21-millions-e/
In choosing to set up its new plant in Monastir industrial park (Neopark) 180 kilometres south of Tunis, Sumitomo was convinced by the arguments and hard work of the Foreign Investment Promotion Agency (FIPA-Tunisia). “We have been following this project since August 2018. We invited Sumitomo executives to visit the country on six occasions to convince them to invest here rather than with our neighbours,” a spokesperson at FIPA-Tunisia explained to Jeune Afrique Business+.
This article is for subscribers only. To read more, subscribe with a special offer.
You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.
Recommended articles
Telecoms
01/03/2022 at 17h16, by Africa Business+, updated 07/03/2022
Seacom to invest in Tanzania, seeks opportunities in DR Congo
The cable company’s strategy is to expand into urban fibre networks by buying up infrastructure in various...
Telecoms
30/09/2021 at 14h57, by Africa Business+
AFR-IX launches major trans-Mediterranean cables project with EIB
The European institution is preparing to inject half of the financial backing required for the project...
Any questions ? contact us
Please get in touch with the Africa Business+ team if you require any further information.
Email us : customer.care@africabusinessplus.com
Add AB+ to your home screen
1. Click on at the bottom of your screen.
2. Click on to add AB+ on the home screen.
3. Enter the name of the shortcut and confirm.