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Wednesday, 23 July 2014

Construction in Tunisia - Key Trends and Opportunities to 2018 | Researchmoz include new market research report"Construction in Tunisia - Key Trends and Opportunities to 2018 " to its huge collection of research reports.


This report provides detailed market analysis, information and insights into the Tunisian construction industry including:

Tunisian construction industry's growth prospects by market, project type and type of construction activity
Analysis of equipment, material and service costs across each project type within Tunisia
Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in Tunisian construction industry
Profiles of the leading operators in Tunisian construction industry.
Data highlights of the largest construction projects in Tunisia

Executive summary

The Tunisian construction industry recorded a compound annual growth rate (CAGR) of 3.77% during the review period (2008–2013). The review-period growth was supported by the government-led social housing projects and increased foreign direct investment (FDI) in the real estate sector. Despite the economic and political instability, the industry’s outlook is favorable, due to the government’s focus on improving the country’s infrastructure and residential requirements. Industry growth will also be driven by developments in the tourism and retail sectors, as well as the country’s new investment code, which includes several blocks, such as guarantees on investment and access to investment incentives. The construction industry’s output is expected to record a CAGR of 5.26% over the forecast period (2014–2018).


This report provides a comprehensive analysis of the construction industry in Tunisia. It provides:

Historical (2009-2013) and forecast (2014-2018) valuations of the construction industry in Tunisia using construction output and value-add methods
Segmentation by sector (commercial, industrial, infrastructure, institutional and residential) and by project type
Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services)
Analysis of key construction industry issues, including regulation, cost management, funding and pricing
Detailed profiles of the leading construction companies in Tunisia

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Assess business risks, including cost, regulatory and competitive pressures
Evaluate competitive risk and success factors

Key highlights

In 2011, Tunisia underwent political upheaval, resulting in the eviction of President Ben Ali and the election of the Constituent Assembly. This impacted the country’s economic growth in 2011 and resulted in a decline in FDI inflows in real estate. To promote growth in the economy, the International Monetary Fund (IMF) approved a loan of US$1.7 billion to support economic reforms in 2013. The contribution of the construction industry to GDP stood at 3.8% in 2013 and the value added to the industry in nominal terms, increased from TND2.7 billion (US$1.9 billion) in 2011 to TND2.9 billion (US$1.8 billion) in 2013. Forecast-period growth will be supported by the investments in tourism and social housing projects, and government efforts to revive the economy.
Economic and political instability in 2011, resulted in economic contraction, from 2.9% in 2010 to 1.9% of the GDP in 2011. The economy rebounded in 2012 and registered an economic growth of 3.6% in 2012 and 2.6% in 2013. Realizing that unemployment had partly initiated the 2011 uprising in the country, the government started a public recruitment process to address this problem and lower unemployment from 16.7% in 2012 to 15.3% in 2013. Unemployment will continue to be a main government focus to achieve economic stability. Office space will be required to accommodate the increasing number of personnel and support the forecast-period growth of the office buildings category.

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