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Thursday 16 September 2021
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Tunisia: 100% foreign projects up

Reported industrial investments with foreign participation (100% foreign and in partnership) went up from 497.3 million dinars (MD) in the first nine months of 2017 to 810.9 MD during the same period in 2018, posting an increase of 63.1%.

According to the monthly economic bulletin published by the Agency for the Promotion of Industry and Innovation (APII), this increase is the result of higher reported investments of 100% foreign projects which grew from 181 MD during the first nine years 2017 month to 509.4 MD in September 2018 (+ 181.4%).

On the other hand, reported investments under partnership projects posted a decrease of 4.7%, from 316.3 MD in September 2017 to 301.5 MD during the same period 2018.

The sector approach shows that the increase in investments with foreign participation is attributable mainly to the sector of mechanical and electrical industries, whose reported investments increased by 116.4%, the chemical industries sector (+124, 3%), the various industries sector (137.1%) and the agri-food sector (+ 17.4%).

Reported investment in the entire industrial sector rose by 2.6% at the end of September 2018, compared to 2017, to 2,732.6 MD.

The number of projects reported reached 2877 projects during the first nine months of the current year, up 4.8%

These projects will generate 48,256 jobs, compared to 43,835 jobs in September 2017, i.e. an increase of 10.1%.

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