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February 23, 2015, Tunis, Tunisia
—IFC, a member of the World Bank Group, today launched a project to help one of Tunisia’s leading industrial groups, One TECH Holding, develop a new training program for employees, part of IFC efforts to bolster skills training and encourage economic development in the North African country.
IFC will deploy its Business Edge training program, used in more than 50 countries, to instruct One TECH employees in a series of management disciplines. Those trainers will form the core of One TECH University, an instructional body dedicated to training the company’s 2,700 employees. IFC will assist One Tech Holding over the next three years in implementing the training sessions, which are expected to help employees become more efficient, client-oriented and competitive working at an international level.
“Human capital is a key asset for a company,” said Hedi Sellami, General Manager at One TECH Holding. “Human resources policies that focus on skills development produce consistent added value for companies, and ensure high quality production standards for our customers.”
Training will focus mainly on marketing, human resources, finances, accounting, and personal productivity. Managers and employees of all the group’s subsidiaries will be eligible for the program.
“Skills training is vital for companies that want to compete in an increasingly globalized word,” said Antoine Courcelle-Labrousse, IFC’s Country Officer in Tunisia. “By supporting programs like these, we can help local firms improve their performance, which allows them to expand and create the jobs Tunisians are hungry for.”
This new agreement strengthens the partnership between IFC and the One TECH group, initiated in 2008 when IFC invested in Fuba, one of One Tech group’s companies. Over the years, IFC has provided corporate governance advice to the group and participated in One Tech’s first listing on the Tunis Stock Exchange in 2013.
About IFC
IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector. Working with private enterprises in about 100 countries, we use our capital, expertise, and influence to help eliminate extreme poverty and boost shared prosperity. In FY14, we provided more than $22 billion in financing to improve lives in developing countries and tackle the most urgent challenges of development. For more information, visit
www.ifc.org
About One TECH Holding
One TECH Holding is a Tunisian industrial group, specializing in cables, mechatronics and ICT solutions, with an annual turnover reaching TDT 420 million in 2014. Innovation and technology are at the heart of ONE Tech Holding, and 70 percent of its production is exported to European, African and Middle East countries. Its main clients are in the automotive, aeronautics and energy industries. One TECH Holding is listed on the Tunis Stock Exchange. For more information, visit
www.onetech-group.com
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