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Turkish YKM Textile Confirms New Investment in Tunisia

Turkish textile manufacturer YKM Textile has officially confirmed its decision to invest in Tunisia, following a high-level meeting with Mr. Jalel Tebib, Director General of FIPA-Tunisia, on November 13.

The visit is part of broader efforts to strengthen economic cooperation between Tunisia and Turkey, particularly in the textile and apparel sector — one of Tunisia’s most strategic and fast-growing industries. Read it on Kohan Textile Journal.

Strengthening Tunisian–Turkish Industrial Ties

During the discussions, YKM Textile CEO Ugur Yildiz reviewed Tunisia’s investment climate, highlighting the country’s competitive advantages, including its skilled labor force, geographic proximity to Europe, and attractive incentives for foreign investors.

The company confirmed that it has already initiated the required investment procedures, in close coordination with FIPA-Tunisia.

YKM representatives emphasized that Tunisia offers a compelling platform for expansion, particularly for textile producers seeking efficient access to European markets.

Reforms and Rising FDI in Textiles

Mr. Tebib outlined recent reforms aimed at improving the business environment, accelerating administrative procedures, and facilitating industrial setup. He reaffirmed Tunisia’s position as a competitive manufacturing and logistics hub in the Mediterranean region.

The announcement comes at a time when Tunisia’s textile and clothing sector is experiencing renewed dynamism.

According to official data, foreign direct investment (FDI) in the textile industry surged by 41.9% in the first half of 2025, rising from 92.8 million dinars in 2024 to 131.8 million dinars over the same period in 2025.

A Strategic Move for Both Markets

YKM Textile’s expansion is expected to contribute to job creation, technology transfer, and stronger industrial integration between the two countries. The investment aligns with Tunisia’s strategy to attract high-value manufacturing projects and reinforce its global presence in textile production.

With investment procedures now underway, YKM Textile’s entry marks another significant step in deepening Tunisian–Turkish industrial cooperation.

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