The German company Kromberg Schubert has inaugurated a new factory, dubbed "Beja 2", in the industrial zone of Beja, Tunisia. The factory, built on a 60,000 square meter site, cost approximately $270 million to construct and equip. The new facility is expected to significantly boost the local economy and create new job opportunities. The inauguration ceremony was attended by several high-ranking officials, including the head of cabinet of the Minister of Industry, Mines and Energy, Afef Chachi Tayari.
The new factory is expected to have a significant impact on the local economy, creating around 7,500 jobs by 2029. This will bring the total number of jobs created by Kromberg Schubert's two factories in Beja to nearly 14,700. The company's turnover is expected to reach approximately $1.5 billion by 2029. The factory's production will cater to the growing demand for automotive cables, with the company aiming to consolidate its presence in the region.
The factory's director general, Wissam Badri, stated that "Beja 2" is currently the largest production unit in Tunisia and one of the most significant plants in the group's global operations. He emphasized that the new factory will enable the company to respond to the evolving needs of its clients while reaffirming its confidence in Tunisia's potential and the skills available in the Beja region.
The "Beja 2" factory currently employs 2,600 workers, with plans to increase the workforce to 3,500 by 2027 and 6,000 by 2028. The company expects to complete its investments in the factory at a total cost of approximately $300 million. The new facility is a significant addition to Kromberg Schubert's global operations, which span multiple continents.
The inauguration ceremony was attended by several dignitaries, including the Governor of Beja, Ahmed Ben Kharrat, the German Ambassador to Tunisia, Elisabeth Wolbers, and the President of the Tunisian Union of Industry, Commerce and Handicrafts, Samir Majoul. The event highlights the strong ties between Tunisia and Germany, as well as the growing interest in investing in the Tunisian economy.
The Beja region has been actively promoting investment and job creation, with a focus on developing its industrial sector. The region's potential and skills have been highlighted as key factors in attracting foreign investment, with Kromberg Schubert's new factory serving as a prime example of the opportunities available.
The Tunisian government has been actively working to promote economic growth and job creation, with a focus on developing key sectors such as industry and renewable energy. The inauguration of the "Beja 2" factory is seen as a significant step towards achieving these goals, with the project expected to have a positive impact on the local economy and contribute to the country's overall growth.
Key points
- The new factory is expected to create 7,500 jobs by 2029.
- The factory's construction and equipment cost approximately $270 million.
- The factory is one of the largest production units in Tunisia and a significant addition to Kromberg Schubert's global operations.
