Tunisia Vacation Trips
Tunisia Holiday Vacation Trips offers travel tips and information for top travel places and best destinations. We feature links, resources and large selection of budget airlines, chartered planes, sea cruises, ferries, travel agencies, land transports and attractions including beaches, medical tourism, retirement homes, historical and pilgrimage tours.
Tunisia has a diverse economy, ranging from agriculture, mining, manufacturing, petroleum products and tourism. In 2008 it had a GDP of $41 billion, or $82 billion. It also has one of Africa and the Middle East's highest per-capita GDPs. The agricultural sector stands for 11,6% of the GDP, industry 25,7%, and services 62,8%. The industrial sector is mainly made up of clothing and footwear manufacturing, production of car parts, and electric machinery. Although Tunisia managed an average 5% growth over the last decade it continues to suffer from a high unemployment especially among youth.
Tunisia was ranked the most competitive economy in Africa and the 40th in the world by the World Economic Forum. Tunisia has managed to attract many international companies such as Airbus and Hewlett-Packard.
The European Union remains Tunisia's first trading partner, currently accounting for 72.5% of Tunisian imports and 75% of Tunisian exports. Tunisia is a one of the European Union’s most established trading partners in the Mediterranean region and ranks as the EU’s 30th largest trading partner. Tunisia was the first Mediterranean country to sign an Association Agreement with the European Union, in July 1995, although even before the date of entry into force, Tunisia started dismantling tariffs on bilateral EU trade. Tunisia finalised the tariffs dismantling for industrial products in 2008 and therefore was the 1 st Mediterranean country to enter in a free trade area with EU.
Tunisia also attracted large Persian Gulf investments the largest include:
* Mediterranean gate: a US$ 25 billion project to build a new city in the south of Tunis.
* Tunis Sport City: an entire sports city currently being constructed in Tunis, Tunisia. The city that will consist of apartment buildings as well as several sports facilities will be built by the Bukhatir Group at a cost of $5 Billion.
* Tunis Financial harbour: will deliver North Africa’s first offshore financial centre at Tunis Bay in a project with an end development value of US$ 3 billion
* Tunis Telecom City: A US$ 3 billion project to create an IT hub in Tunis.
Real estate market
In recent years Tunisia has embarked on a new market. Since the beginning of the 2000´s, the real estate market has grown. The market focuses partially on residencies for private persons, but also larger projects aimed at the tourist and sales market. Notable investors reside in the Arab states of the Persian Gulf.
Oil and gas extraction
Oil production of Tunisia is about 97 600 barrels/day. The main field is El bourma.
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