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Tunisia Storage Tank & Tower Industry Analysis
The Overhead/Elevated Water Storage Tanks & Towers industry in Tunisia is currently growing due to the increasing demand for safe and clean drinking water. The country's water infrastructure is in need of major upgrades, and elevated water storage tanks and towers are a crucial component of these upgrades. The industry is dominated by a few major players, including local companies like SOMAP and international players like SUEZ and Veolia.
Construction of new projects:
There are several new projects in the pipeline for the construction of elevated water storage tanks and towers in Tunisia. In 2020, the National Water Distribution Utility awarded a contract to SUEZ to construct a new water treatment plant and an elevated water storage tank in the city of Gabes. Additionally, the Ministry of Agriculture, Water Resources and Fisheries is planning to construct several new elevated water storage tanks in various regions of the country to improve access to water for agricultural purposes.
Major drivers:
The major drivers of the Overhead/Elevated Water Storage Tanks & Towers industry in Tunisia are the increasing demand for safe and clean drinking water, population growth, and urbanization. Tunisia is one of the most urbanized countries in North Africa, with over 70% of the population living in urban areas. This has led to an increase in demand for water, which in turn has driven the need for more elevated water storage tanks and towers. The country's water infrastructure is also aging and in need of major upgrades, which provides an opportunity for the industry to grow.
Industry outlook:
The outlook for the Overhead/Elevated Water Storage Tanks & Towers industry in Tunisia is positive. The country's water infrastructure is in need of major upgrades, and elevated water storage tanks and towers are a crucial component of these upgrades. The government has recognized the need for these upgrades and is investing in new projects to improve access to water. In addition, the industry is expected to benefit from population growth and urbanization, which will drive the demand for safe and clean drinking water. The presence of both local and international players in the industry suggests that there is potential for both domestic and foreign investment in the sector.
Local references:
One of the most significant water infrastructure projects in Tunisia is the Great Tunis Water Supply Project, which aims to provide safe and clean drinking water to over 2 million people in the greater Tunis area. The project includes the construction of several new water treatment plants, as well as the expansion of the city's water distribution network. Elevated water storage tanks and towers will play a crucial role in this project, as they will help to ensure that water is available even during periods of high demand.
Another example is the construction of a new elevated water storage tank in the city of Sfax, which is expected to provide water to over 300,000 people. The project is being led by SOMAP, a local company that specializes in the construction of water storage tanks and towers.
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