The Tunisian construction materials producer is making a 180 million euro investment.
The Tunisian company Carthago Ceramic is set to build four new factories for the production of tiles, bricks, sanitaryware and adhesives.
Two new combustion systems have been supplied as part of the company’s broader renewal and modernisation plan.
The Tunisian economy is expected to grow by 2.4% in 2017 (+1.6% in 2016) and to see steady improvement over following years to reach an annual growth rate of 4.5% by 2020. In particular, a number of large projects are under way in the construction sector, most notably the Tunis Financial Harbour, on which work began in late November 2016.
Ideal Brique recently started up a new plant for the manufacture of 1,000 tons of fired products a day, the biggest and highest-performing plant ever built in the country.
The Italian company has supplied the Tunisian manufacturer with a new plant for the production of 1600 tons of bricks a day.
In spite of a relatively peaceful period of transition following the Arab Spring, Tunisia's economic growth has slowed considerably. Compared to an average annual GDP growth of 5% in the pre-revolution period, 2014 closed with a (nonetheless quite respectable) +2.7%.