8th Tunisia Economic Forum: Industry Modernization and Revival
The 8th edition of the "Tunisia Economic Forum" was held on June 3rd under the theme "Tunisian Industry: Modernization and Revival", providing an opportunity to discuss the challenges facing the Tunisian economy.
The event concluded with an intervention by Khalil Labidi, an economist and investment advisor at United Advisers, accompanied by Sami Zaoui, a partner at Ernst & Young, for the panel "New Recommendations and Implementation of Ongoing Action Plans". These two professionals unveiled recommendations for the development of the industrial sector.
Macro-Economic Perspective
From a macro-economic perspective, the panelists emphasized the need to strengthen the leadership of the government to overcome obstacles to the implementation of industrial reforms. This requires a centralized, coordinated, and participatory governance approach.
The government must play a key role in establishing a clear framework, closely monitoring progress, and facilitating collaboration between ministries and other key stakeholders. This will enable reforms to be implemented consistently and productively, contributing to the growth and development of the industrial sector.
Micro-Economic Perspective
From a micro-economic perspective, it is vital to strengthen the industrial ecosystem through direct support, sectoral groupings, and industrial pacts. Industrialists face specific problems that require tailored and personalized solutions, and a generalized approach often fails to effectively address their needs.
Industrialists must collaborate more to develop a robust and resilient ecosystem, supporting local suppliers and service providers to ensure continuous and reliable supply. It is crucial to promote cooperation and strategic partnerships between industrialists, their suppliers, and service providers.
Key Recommendations
- Collaborate on raw material purchases, exports, R&D, and other critical aspects, as industrial enterprises, particularly SMEs, face challenges in accessing raw materials, exporting their products, and remaining competitive.
- Develop industrial pacts to structure and formalize cooperation between different actors in the industrial sector.
By implementing these recommendations, Tunisia can revitalize its industrial sector and drive economic growth.
