Turkish Company Aksa Composites to Invest $5 Million in Tunisia
Project to Strengthen Tunisia's Position in High-Value Industries
The Turkish company Aksa Composites has confirmed its intention to invest in Tunisia in a project to manufacture carbon fibers and advanced composite materials, with an estimated budget of $5 million, according to Fipa-Tunisia.
Project Objectives
The project aims to:
- Reinforce Tunisia's position in high-value industries, particularly in the aerospace and composite materials sectors
- Contribute to the transfer of technologies and better integration of the Tunisian industry into international value chains
Investment Details
The investment is expected to:
- Strengthen Tunisia's position in the global market
- Create new opportunities for the Tunisian industry
- Enhance the country's competitiveness
Background
The announcement was made after a meeting held on May 19, 2026, between the Director General of Fipa-Tunisia and a delegation from Aksa Composites, a subsidiary of the Akkök Group, which is active in the production of composite materials for the aerospace industry and high-performance applications.
Discussion and Negotiation
According to Fipa-Tunisia, discussions around the project have been ongoing for several months with the support of the GITAS. The first contacts were established during the Hamburg Aviation Forum, which was considered a key step in launching the discussions around the opportunities for industrial cooperation between the two parties. Since then, several missions and working visits have been organized to examine the possibilities of implementing the project in Tunisia.
Site Selection
The discussions have focused on:
- Choosing an industrial site, taking into account the country's competitiveness, the availability of qualified skills, and the proximity to the European market
- Finalizing the operational steps of the project, which is considered a key project for the Tunisian industry
Next Steps
The Aksa Composites delegation has reaffirmed its willingness to continue discussions in the coming weeks to finalize the operational steps of the project.
