In recent years Tunisia has become one of the most popular tourist destinations in Africa. The attraction of the Sahara Desert, its temperate climate, bright skies, fine hotels and beach resorts, golf courses and other features make it a must-see country for adventure-seeking travelers, particularly Europeans.
In order to handle the increase in air traffic, Tunisia’s Ministry of Communications, Technology and Transport, along with the Tunisian Airport Authority (OACA), made the bold decision to erect a world-class airport on a 6,500-hectare site in Enfidha, in the heart of the country’s primary northeast tourist region. In being awarded the tender, TAV Construction and TAV Airports Holding beat out some of the world’s leading airport building and operation companies. The BOT tender, a 40-year concession, also includes the operation of the existing nearby Monastir Airport, about 60 km away, thereby eliminating any unnecessary competition between the two facilities.
Situated approximately 80 km south of the capital city Tunis, the new airport will be an architectural and aesthetic wonder, boasting of the latest technology and first class facilities and services, both for passengers and the airlines themselves.
The terminal will be over 90,000 m² area and is originally designed for a capacity of 7,000,000 passengers annually. With future expansion it will be able to accommodate up to 22,000,000 travelers per year by the middle of the century. The initial work will include a total connected apron area of 72,000 m² with a capacity to handle 18 aircraft. The remote apron area will cover 57,000 m², sufficient for 14 airplanes. The runway length will be 3,300 meters, while the width will total 75 meters. In all, 18 passenger boarding bridges will be built, along with check-in counters, baggage carousels, immigration and customs booths, etc. commensurate with the size of the airport. Every traveler’s need has been thought about in detail and the airport will feature shops, boutiques, restaurants, cafes and every other service imaginable. The finished work will ensure safe, comfortable and enjoyable travel for all who come to this enchanting land.
Construction on the new Enfidha International Airport began in June of 2007.. The operation contract will begin when the building work is finished, around October 2009.
Turkish operator TAV is a operator selected for construction Enfidha airport
The last round of the invitation to tender relating to the concession during forty years of the new airport of Enfidha was gained by Turkish operator TAV.
The concession relates to the construction and the exploitation of the airport of Enfidha and the exploitation of the airport of Monastir. The total amount is 400 million euros, according to the director of TAV, Mr. Haluk Bilgi. On the seven operators having taken part in the invitation to tender, four were finally, namely Aéroport of Nice (France), the Canadian SNC Lavelin, allemande Hochtief and the émirati Mudabele. The entry in activity of the airport of Enfidha is planned for 2009. The starting of the building site is envisaged in the next few weeks.
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The Property market in Tunisia
So why hasn’t the property market yet taken off in Tunisia? Well, until very recently, foreigners were not allowed to buy property in Tunisia as the government wanted to ensure that home ownership for the local market was made affordable. With local home ownership currently in over 80%, higher than in the EU countries, they have certainly achieved that target and now believe that Tunisia is ready to benefit from the explosive foreign-property ownership boom that many of its northern European neighbours have done extremely well from in recent years. For the foreign investor this is great news as it means that there is a strong local market in place when they need to realise their investments and sell their properties. At the moment, foreigners still require authorisation from the Governor of the region in which they are buying the property, however for most this is simply a formality which takes approximately 3 months to complete. With so many excellent reasons to buy in Tunisia, the timing could not be any better to benefit from this new and exciting market on the door step of Europe!
Tunisia Infrastructure
Infrastructure and transportation to and within and the country is excellent as Tunisia offers 7 international airports ensuring that no matter where you are in the country you are never further away than 2 hours from an airport. The largest airport in Northern Africa is currently under construction in Tunisia scheduled for completion in late 2009 which will offer cheap and inexpensive flights with carriers such as Ryanair and Easyjet. Within 10 minutes drive of this airport, the largest deep water port in the southern Mediterranean is also being built enabling the globe’s biggest trade ships and cruise liners to dock in Tunisia.
Saturday, August 16
ENFIDHA ZINE EL ABIDINE BEN ALI INTERNATIONAL AIRPORT
The Time is Now
The time to invest in Tunisia could not be better. Considered to be the one of the most stable countries in the Arab speaking world, and certainly the most politically and economically stable country in all of Africa, Tunisia is a founding member of the World Trade Organisation and has a trade association agreement with the EU. The Tunisian people have strong links to Europe and consider themselves to be more European in nature than African or Middle Eastern. Within two hours flight of the capital, Tunis you are able to reach most established European capitals. A stable currency and consistently low inflation levels below 3% have helped to place Tunisia in a great position to benefit from direct foreign investment which is currently pouring into the country.
The Dubai Investments
The largest developers from Dubai have recently started to invest very heavily into Tunisia, realising the stability of the region and the proximity to Europe making Tunisia an ideal link between Africa, Middle East and Europe. In the capital Tunis, they are currently investing over $10bn in projects such as Tunis Financial centre and Tunis Sports City based on the popular concepts from Dubai itself. Further south, they are investing $2bn in a picturesque coastal region creating an artificial marina, a world class golf course, exclusive residential properties and a number of luxury 5-star hotels. It isn’t only the Dubai groups who have stood up and taken notice of what is happening in the country. Many large European organisations and banks have set up bases in Tunisia benefiting from a highly educated work force and a very stable economy whilst the government welcomes them with open arms providing excellent incentives encouraging them to move to the country.