Coficab starts production in March

The representatives of Tunisian Coficab company, a manufacturer of automotive wiring have announced the works on the production and office space inside the Arad industrial park will be completed this month. Production would begin next March, they added. “The construction works are still in progress and we estimate to finalise the production area and the technical support segment by the end of December. We will begin installing equipment in January and are to begin production in March,” Hichem Elloumi, Coficab administrator told ZF TRANSILVANIA. The total investment will exceed 23 million euros and will be developed in several steps. The first step, carried out this year required approximately 18 million euros, while next year”s investments are to reach 5m euros. ZF