Novation City and Taikang Electronics Tunisia Sign Land Acquisition Contract, Marking Operational Phase of Investment
The Tunisia Investment Authority (TIA) announced on Monday the signing of a land acquisition contract between Novation City and Taikang Electronics Tunisia, officially launching the Chinese electronics group's operational phase in Tunisia.
The ceremony took place at the TIA headquarters, in the presence of representatives from the Tunisian Automotive Association (TAA) and the FIPA, demonstrating the mobilization of the institutional ecosystem around this investment. With the contract signed, the start of work is now imminent, paving the way for the launch of the first industrial activities on the site.
From an economic perspective, the expected benefits are significant: job creation, transfer of technological expertise, and increased integration of Tunisia into global value chains. The successful completion of this project is the result of close collaboration between the TIA and Novation City, who accompanied the investor at every stage of the process.
This decisive step marks the transition from the planning phase to the operational phase of the project, bringing the industrial project one step closer to realization. The TIA's support and guidance have been instrumental in facilitating the investment process, and the agency will continue to work closely with Novation City and Taikang Electronics Tunisia to ensure the project's success.
