HomeNewsTunisia: Agricultural FDI does not exceed 0.77% of total foreign investment

Tunisia: Agricultural FDI does not exceed 0.77% of total foreign investment

The flow of foreign direct investment in the agricultural sector in Tunisia did not exceed 0.77% of total foreign investment in 2019, compared to 2.81% in 2018, according to the latest data published by the Arab Monetary Fund (AMF).

A study published Tuesday by the AMF on “the reality and challenges of the agricultural sector in Arab countries” highlighted the weakness of foreign direct investment in the agricultural sector in Arab countries, which accounted for less than 3% of total foreign investment in these countries in 2020.

The average compound growth rate of value added in the agro-food industry over the period 2010-2020 is -0.2%. The number of people employed in the agri-food sector in the country will reach almost 62.8 thousand in 2020.

The data in the study highlighted the fact that the share of the individual in Tunisia in the agricultural sector, at a fixed price, will be within the limit of 368.6 dollars in 2021, far from the world average, which is estimated at 469.9 dollars.

The study included several chapters on the development of the agricultural sector in the Arab countries, the level of foreign trade in the agri-food industry and the average dietary energy intake.

One chapter was devoted to analyzing the challenges facing the sector in the Arab world and making recommendations for its development.

The study found that by 2021, the production of wheat and its derivatives will account for almost 44.3% of total grain imports by Arab countries.

Similarly, the agricultural sector in these countries will have grown by 1.6% in real prices by 2021, compared to 2% globally.

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