HomeNewsReported investments in industry down 0.7% in first 10 months

Reported investments in industry down 0.7% in first 10 months

Reported investments in industry fell by 0, 7% in the first 10 months of 2011 compared with the same period last year, according to the last issue of the economic bulletin of the Industry and Innovation Promotion Agency (APII).

Reported investments in the industrial sector stood at 2,568.4 million dinars (MTD) compared to 2,587.4 MTD in 2010, says the document.

The sector of building materials, ceramics and glass recorded a rise of 40.2% with investments reported worth 393 MTD in the first ten months of 2011 compared with 280.3 MTD in the same period last year, just as the investments reported in the sector of food industries which rose by 39.4% to stand at 682.7 MTD against 489.6 MTD in 2010.

A rise in investment reported has also been recorded in various other industries such as mechanical and engineering industries with respective increases of 30.6% (from 327.9 MTD to 428.4 MTD) and 30% (from 500.5 MTD to 650.6 MTD).

On the contrary, other sectors have recorded a decline, such as chemical industries with investments dropping from 717.4 MTD to 238.4 MTD, that is a decline of 66.8%, the sector of leather and shoes which fell by 54% (12.4 MTD compared with 26.9 MTD).

In the field of textile-clothing, investments also dropped from 244.7 MTD to 162.9 MTD, or a decline of 33.4%.

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