| COUNTRY PERSPECTIVES
-
TUNISIA |
|
Success story |
|
|
In 1998, in the context of the privatisation programme, four of the country's six cement plants were sold to private foreign operators. The Spanish group Uniland acquired the Enfidha cement company for 120 million dinars (87,1 % of the capital, the balance is held by the Banque islamique de développement). |
|
| Latest
News -
Tunisia |
| Latest
Investments -
Tunisia |
 |
Documents |
 |
|
|
 |
|
| |
|
The Spanish group Uniland invests in the Enfidha cement plants |
In 1998, in the context of the privatisation programme, four of the country's six cement plants were sold to private foreign operators. The Spanish group Uniland acquired the Enfidha cement company for 120 million dinars (87,1 % of the capital, the balance is held by the Banque islamique de développement ). The operation provided immediate access to a share of the country's market. The long term objective is to position the Tunisian site as a strategic base for regional deployment.
The Enfidha Cement Company's plant is located at Ain M'Dhaker, 10 km from the town of Enfidha, North of the governorship of Sousse. 190 million dinars have been invested to modernise the first production line and to create a second, with an annual capacity of 600,000 tonnes. An overall programme to bring the plant up to the standards of the group has also been initiated (computerisation, stock management, respect for the environment).
At the same time, the Uniland group, which had a turnover in 2002 of 380 million euros, is present in the concrete business through its subsidiary Select Béton, a company belonging 100 % to the Enfidha Cement Company. The Tunisian concrete market is in full expansion, is modernising and becoming automated. With four production plants, Select Béton is the leader in the sector. These sites « also have mobile plants ready to participate in any type of large undertaking which require an " in situ " plant, underlines the company.
«The main objective of the Uniland Group in Tunisia is to position itself as the reference in terms of quality and services » states the group, whose Head Office is in Barcelona. Select Béton S.A. is « the only Tunisian concrete manufacturing company which has three certifications of quality available in the country: NT certification (product), ISO 9000 certification (production systems) and BVQi certification (procedures) ».
For Uniland, as for the other players in the market, there remains one long-awaited changeto be made: the complete liberalisation of cement prices which remain under public control. |
|
|
|
|