Tunisia is continuing its efforts to improve its investment climate by simplifying administrative procedures in various sectors.
To this end, the Tunisia Investment Authority (TIA), with the support of the Ministry of Economy and Planning and the European Bank for Reconstruction and Development (EBRD), has officially launched the National Investment Platform project.
This flagship project is part of the national strategy to digitize and simplify administrative procedures.
A contract was signed with AMC Ernest & Young at a ceremony attended by all stakeholders, demonstrating their unwavering commitment to the success of the project.
The National Investment Platform aims to create an integrated, modern and efficient investment ecosystem that meets the expectations of national and international investors.
It will simplify and harmonize procedures, provide an optimized and transparent user experience, and consolidate national data and statistics.
It will also ensure greater interoperability between key institutions, facilitating faster and more efficient case management, while supporting better informed public policy.
The platform will meet the highest standards of performance, security and innovation and will be benchmarked against international best practice.
The project aims to improve the business climate, enhance Tunisia’s attractiveness and position the country as a competitive investment destination.
As a structuring national initiative, this project is part of a collective effort to improve Tunisia’s position in international rankings, in particular the B-Ready, by meeting investors’ expectations and stimulating the national economy.
The success of this project is all the more promising thanks to the firm commitment and active collaboration already expressed by all the parties involved, in particular APII, APIA, FIPA, ONAT, ONTT and CNI.
TND 2,126 million of foreign investment in first 9 months of 2024
During the first nine months of 2024, Tunisia managed to attract foreign investment worth TND 2,125.9 million.
According to the Foreign Investment Promotion Agency (FIPA), foreign investment increased by 14.4% compared to the same period last year, when Tunisia attracted foreign investment worth TND 1,858 million.
In a statement to the TAP news agency, Hatem Soussi, FIPA’s central director, said that Tunisia will be able to reach the target of TND 2,400 million set for this year, as the country will see an increase in the number of projects declared in the last quarter.
In 2025, Tunisia expects to attract foreign investment worth 3,400 million dinars. This figure could rise to 4,000 million dinars by 2026.
According to the same source, up to the end of September 2024, foreign investment flows into Tunisia broke down into TND 33.6 million in portfolio (stock market investments) compared to TND 236.4 million in the same period of the previous year, with a significant decrease of 75.4%.
They also broke down into TND 2,092.3 million as foreign direct investment (FDI) against TND 1,726.6 million at the end of September 2023, an increase of 21.5%.
In this regard, Hatem Soussi explained that many industrial units, especially foreign ones, are making major investments in the fields of energy and digital transition, allocating significant funds to adapt to global technological developments and adopt international environmental standards.
He also explained the dynamism that the country is experiencing this year in terms of accelerating the pace of renewable energy projects, with the signing of contracts for the construction of renewable energy production plants to generate electricity.
Foreign investment in the agricultural sector has also seen a quantitative leap from TND 19.2 million to TND 5.7 million between September 2024 and 2023, up 237%, according to FIPA.
Hatem Soussi pointed out that two major foreign companies have invested significant funds in Tunisia’s agricultural sector to take advantage of the latest technologies and artificial intelligence.
He added that the two projects were integrated and covered a number of promising agricultural sectors, such as the production of vegetables and fruit using groundwater.
On the other hand, FDI in the services sector fell by 12.7% or to less than TND 50 million at the end of September, from TND 351.6 million in the same period last year to TND 307 million.
On the other hand, the same statistical data showed that the flow of FDI in the non-energy sector made it possible to carry out investment operations worth TND 1,558.2 million, which led to the creation of 9,906 direct jobs.
