Chinese Automotive Components Firm Explores Potential Investment in Tunisia
Kunshan Chemitec Automotive Components Co., Ltd., a Chinese company specializing in automotive components, is currently evaluating the possibility of establishing a presence in Tunisia. The proposed project involves the creation of a production unit spanning approximately 4,000 square meters, with an initial investment estimated at €3 million and the creation of 30 to 50 direct jobs.
Project Status: In the Prospection Phase
It is important to note that the project has not yet been finalized. According to information provided by the Agency for the Promotion of Industry and Innovation (APII), the initiative is currently in the prospection stage. This status was confirmed following a meeting held on September 14 in Tunis between a delegation from the Chinese company and the APII’s management.
Led by CEO Liu Yichao, the delegation presented the initial outlines of the project and discussed the conditions for a potential establishment with the APII. The agency noted that the workforce could gradually increase if the project progresses into a development phase.
Company Profile and Strategic Rationale
Founded in 2005, Kunshan Chemitec Automotive Components specializes in wiring harnesses and protective solutions for these systems. Its product portfolio includes:
- Adhesive tapes
- Sleeves
- Braided tubes
- Foams
These products are widely used in various automotive applications. The company currently operates in six countries and collaborates with several major international players in the automotive industry.
A potential establishment in Tunisia would allow Kunshan Chemitec to get closer to a well-developed automotive ecosystem that is strongly oriented toward exports.
For Tunisia, the strategic value of this project lies not only in the announced investment amount but also in its positioning. A new activity in automotive components could:
- Strengthen local supply chains.
- Create partnership opportunities with industrialists already established in the country.
APII Support and Resources
During the meeting, the APII presented the Chinese delegation with:
- The procedures for creating and establishing a company in Tunisia.
- The available support mechanisms.
- The tax benefits and incentives provided by current legislation.
Additionally, the agency directed the delegation to its specialized resources for the automotive and aeronautical sectors, including its industrial company directory. These resources are designed to help investors identify companies present in the Tunisian market and explore potential partnership possibilities.