HomeNewsInvestment declared in industrial sector down by 16.5%, at end November 2021

Investment declared in industrial sector down by 16.5%, at end November 2021

The investment declared in the industrial sector has dropped by 16.5%, during the first 11 months of 2021, to 2 275.6 million dinars (MD), according to the latest statistics published by the Agency for the Promotion of Industry and Innovation (APII).

These investments will be mobilised for the implementation of 3,068 projects, which will promote the creation of 44,238 jobs.

In rise, the investments in the sectors of agro-food industries and chemical industries which jumped respectively, of 40,3% and 37,2%.

On the other hand, investments in the fields of building materials, ceramics and glass industries have regressed by 67.8%. The same is true for investments in the leather and footwear industries (-40%) and the mechanical and electronic industries (-38%).

The same is true for the textile and clothing industries and the various industries (-23%).

According to the APII, 52% of the investments declared during the first eleven months of the year 2021, will be launched within the framework of projects of extension and renewal of equipment.

For investments declared within the framework of creation projects, they dropped by 24.7%, to 1097 MD.

On the other hand, the investments declared in the totally exporting industries recorded an improvement of 11.7%, at 94.5 MD at the end of November 2021, whereas those intended for the industries whose production is directed towards the local market fell by 29.2%, at 1330.1 MD.

Moreover, the industrial investments 100% foreign and in partnership regressed by 9.4% to 877.4 MD, during the same period of the year 2021.

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