Tunis/Tunisia — A Japanese “Alva-One” automobile airbag factory, with a production capacity of 18 million units, was inaugurated on Tuesday in the industrial zone of Naasène Chebedda in the governorate of Ben Arous by the Minister of Industry, Mines and Energy Naila Gongi.
The plant, part of Japan’s Toray Industries, will generate around 3,000 jobs, Gongi said.
It was built by Tunisian skills on an area of 18,000 m3, with an investment of 10.5 million euros (about 34.5 million dinars) and joint Tunisian-Japanese management, specifies the same source.
Japanese investors have helped create 25,000 jobs in Tunisia, including 15,000 in the industrial sector.
This project is of particular importance in promoting the technical textile sector, the minister said, stressing the priority given by the government to improving the business climate, encouraging investment and streamlining procedures, especially since Tunisia will host the 8th edition of the Tokyo International Conference on African Development (TICAD8) on August 27 and 28.
Tunisia has been chosen by Japan as the third preferred destination for Japanese investment after France and Italy, said Japan’s Ambassador Extraordinary and Plenipotentiary to Tunisia, Shinsuke Shimizu, stressing his country’s desire to encourage Japanese investment in the region.