finance & economy

Compared to 6 countries in region, Tunisia has lowest production costs of some services

November 17, 2020

TAP) -In Tunisia, the production costs of information technology, gas for industrial use, electricity and utilities for the automotive sector remain the lowest compared with 6 other countries namely: France, Morocco, Germany, Romania, Italy and Turkey, according to the report on 'Factor Costs of Production in Tunisia,' published in November 2020 by FIPA Invest in Tunisia Agency.

This periodic report, which includes in its first part, certain costs incurred as of November 2020, while the second part provides a comparison of Tunisia with a number of countries in terms of production costs. The relevant data were obtained from FDI Benchmark, an international data platform, part of the Financial Times Group, FIPA specified.

As regards the costs of the information technology, the posts of IT user support analyst and Senior IT Support Specialist are two services with the lowest unit costs in Tunisia. The first position has the lowest unit costs in Tunisia with net costs of 619 dollars (equivalent to 1,687.73 dinars) per month, followed by Turkey (649 dollars) and Morocco (893 dollars). The second position has the lowest unit costs in Tunisia with net costs of 813 dollars (the equivalent of 2215.91 dinars) per month, followed by Turkey (1029 dollars) and Romania ( $ 1,138).

Regarding electricity, the unit costs of electricity supplied to industrial customers, all costs and charges included, are the lowest in Tunisia with costs of $ 0.0770 per kWh, followed by Turkey (0.09 dollars per KWH) and Romania (0.09 dollars per KWH), according to the report.

In comparison with 6 countries namely: France, Morocco, Germany, Romania, Italy, Turkey, Tunisia has the lowest unit costs for industrial gas with costs of 0.1498 dollars (the equivalent of 0.409 dinar) per cubic metre, followed by Turkey (0.24 dollars) and Italy (0.31 dollars).

As for the costs of public services for the enterprises operating in the automotive components sector and compared to the results of the other 6 countries, Tunisia has the lowest public service costs with 423,365 dollars / year (i.e. the equivalent of 1,152 million dinars), followed by Turkey and Romania with respective annual costs of $ 521,415 and $ 578,181.

Due to the crises the country has been undergoing for several years as well as the fallout of the cornavirus pandemic, foreign direct investments are in sharp decline, reaching during the first nine months of 2020, about 1.506 MD, against 2 billion during the same period in 2019.

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