Thirty seven investment projects, the value of each exceeds 15 million dinars (MD), were reported to the Tunisia Investment Authority (TIA) during the first 8 months of 2020.
The overall investment amount is estimated at 1,677 MD, TIA said in a press release Wednesday.
These projects will generate 10,221 jobs: a 136% increase compared to the same period in 2019, the statement indicated.
The number of projects reported during this period is up 106% compared to the same period of 2019.
These are investment projects, extension projects and renewal projects.
The TIA reported 19 project-creating operations with an investment of 967 MD and 3468 jobs to be created, and 16 extension projects with an investment of 553 MD and 6201 jobs to be generated.
The renewal projects are two, with an investment cost of 157 MD and 219 jobs to be created.
Project breakdown by sector:
The 37 investment projects are carried out in the sectors of:
– Industry (19 with a cost of 674 MD)
– Renewable energy (09 with a cost of 506 MD)
– Tertiary sector (06 with a cost of 219 MD)
– Tourism (03 with a cost of 277 MD).
Project breakdown by region
The 37 investment projects cover 19 governorates:
Sixteen projects will be established in regional development zones, i.e. 43.2% of the total number with a cost of 451.61 MD (i.e. 27% of the total declared investments). They will generate 2,509 jobs (25 % of the total number of jobs to be created).
Of these sixteen, 69% are in the industrial sector and 31% in the renewable energy sector.
Project categorization by investment regime
Of the 37 projects reported, 10 operate under the totally exporting regime with an overall investment of 460 MD, i.e. 27% of declared investments.
These projects will generate 6,523 jobs (64% of the total number of jobs to be created).
In addition, nearly 27 reported projects are under other than the fully exporting regime export with an investment cost of 1217 MD, generating 3,698 jobs (accounting for 36% of the overall jobs to be created).