Approved investments in the agricultural sector amounted to 1,470 investment operations worth 192.7 million dinars (MD) during the first 7 months of 2023, down by 5.5% in number and 30.1% in value compared with the same period in 2023, according to the statistical bulletin released on Monday by the Agricultural Investment Promotion Agency (APIA).
Compared with the first seven months of the 2018-2022 period, private agricultural investments have decreased by 35.7% in number and 47.1% in value.
These investments will create 1,415 permanent jobs, compared with 1,639 at the end of July 2023.
APIA pointed out that almost 60% of the investments were allocated to the agricultural sector, while services and fishing activities received 22.5% and 11.5% of all these investments respectively.
The agency also pointed out that these investments benefited from subsidies amounting to 60 MD, a decrease of 28.3% compared to the same period last year.
It should be noted that approved investments in photovoltaic equipment increased to 4.5 MD, benefiting from subsidies of 2.4 MD.
Regional development investments amounted to 7.8 MD.
On another note, APIA pointed out that 4152 investment operations worth 761.6 MD had been declared, by the end of July 2024, representing an increase of 24.2% in number and a decrease of 1.4% in value.
Investments declared online amounted to 2819 investment operations worth 524.4 MD.
