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HomeNewsTunisia: approved agricultural investments up 15.4% at end of March 2015

Tunisia: approved agricultural investments up 15.4% at end of March 2015

Private investment in agriculture and fisheries, approved by the Agency for the Promotion of Agricultural Investment (APIA), grew by 15.4% to 85.9 million Tunisian dinars (MTD) in late March in 2015 against 74.5 MTD in the same period of 2014, TAP news agency reported citing a statement from the APIA, on Monday.

These investments, recorded mainly in Kasserine (13.3 MTD), Beja (7.9 MTD) and Sidi Bouzid (6,9MDT) are classified into two categories, “B”, which covers investments whose amount exceeds 225,000 dinars and “C”, which concerns those above 225,000 dinars.

These investments will create 967 permanent jobs including 49 for higher education graduates, against 833 jobs created in 2014, with 26 for university graduates.

During the first quarter of 2015, two investment operations in the framework of a Tunisian-Saudi partnership were approved at a value of 4 MTD, besides the approval of three other investments for the benefit of agricultural development companies (4MDT) and 190 investment operations to benefit young entrepreneurs (13.8 MTD).

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