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HomeNewsTunisia: agricultural investment approved by APIA sharply declines

Tunisia: agricultural investment approved by APIA sharply declines

Apia-approved private agricultural investment declined by 12.7% in the first seven months of 2017 to a volume of 304.7 MD compared to 349.2 MD for the same period of 2016 and 243.2 MD during the same period of 2015 (+ 25.3%).

According to the Agricultural Investment Promotion Agency, (APIA), “this decline is due to the transitional period between the investment code and the new law and which requires more time to simplify and communicate the specificities of the new law to the various stakeholders”.

The APIA says it has 1,450 files worth 135 MD that will be presented to the next benefit-sharing committees, “which will make it possible to regain the positive pace of the investment.

These approved investments will allow the creation of 2,843 permanent jobs, 160 of which for higher education graduates against 3,067 permanent jobs with 159 for graduates of higher education during the same period of 2017 “.

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