TUNIS, Nov. 14 (Chinese media) -- Coroplast, one of the largest German supplier of electric and automotive industry, will set up a car cable-making unit in El Kef industrial zone in the northwest of Tunisia, the official TAP news agency said on Friday.
The plant, which covers eight hectares, will help to create 2,000 jobs over the next two years in the northern Africa country, said the report.
The value of the project is at 31 million dinars (22.25 million U.S. dollars ). It expected to start production in 2010.
Founded in 1928, the Coroplast operates plants in Germany, Poland, Mexico, China and Tunisia. It produces wires and cables, wiring harnesses, and flexible printed circuits.
Cable manufacturing represents a lucrative business in Tunisia, where four new plants worth 125 million dinars (89.73 million U.S. dollars) have been opened so far and over 4,600 jobs created by the plants, according to the report.
The report added that mechanical and electronic goods exports are becoming increasingly valuable to the Tunisian economy, surpassing textiles for the first time in 2007. (1 U.S. dollar = 1.393 dinars)
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