Chinese Company Shandong Haiwang to Invest $95 Million in Tunisian Industrial Project
The Chinese company Shandong Haiwang Chemical Co has announced its intention to invest $95 million in a new industrial project in Tunisia. The project aims to produce approximately 92,000 tons of bromine derivatives (Br) per year.
This announcement was made during a meeting held on July 16, 2025, at the Ministry of Industry, Mines, and Energy between Minister Fatma Thabet Chiboub and Vice President of the company, Wu Yonghong, in the presence of high-ranking Tunisian officials. The goal is to strengthen Tunisian-Chinese cooperation in the mining sector, particularly around the exploitation of salt deposits and high-value-added materials.
Shandong Haiwang already holds two research permits in the Chott El-Jérid North and Dhouibiat South zones and aims to move to the industrial production phase. The Minister assured continuous support from her department to investors in the sector, particularly in terms of guidance, administrative simplification, and facilitation of procedures.
Founded in 2003, Shandong Haiwang is China's leading bromine producer and the third-largest in the world, with an annual production capacity of 80,000 tons of bromine and 170,000 tons of its derivatives.
This new investment is part of a broader context of strengthening economic relations between Tunisia and China. In 2024, trade exchanges between the two countries reached nearly $3 billion, an increase of 8%. China is multiplying projects in Tunisia, particularly in the cement, automotive components, phosphates, and infrastructure sectors. In March 2025, a Chinese group finalized the acquisition of a Tunisian cement factory for over $100 million, and discussions are underway on other projects in renewable energy and mining.
The strategic Sino-Tunisian partnership, formalized in May 2024, has reinforced Tunisia's attractiveness to Chinese investors, thanks to its privileged geographical position and free trade agreements with Africa and Europe.
