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Tuesday 22 June 2021
HomeNewsTunisia: FDI decline by 10.6% in Q1 2013

Tunisia: FDI decline by 10.6% in Q1 2013

Foreign direct investment (FDI) fell 10.6% in the first quarter of 2013, reaching 393.7 million Tunisian dinars (MTD), against 440.6 MTD in 2012, according to data published by the Foreign Investment Promotion Agency (FIPA).

These investments are distributed between (373.7 MTD) in FDI and (20 MTD) in portfolio investment.

Results achieved at the end of March 2013 show that tourist business and the real estate sector recorded the largest decrease in FDI compared to 2012, i.e. 50%, followed by the manufacturing sectors (48. 3%), services (39.9%) and energy (20%).

The new investments have contributed to the creation of 12 new enterprises, against 24 in the first quarter of 2012 and the expansion of 29 units already installed against 70 during the same period of 2012.

In terms of jobs, only 646 new jobs were created in the first quarter of 2013 against 1,792 in the same period of 2012.

Compared to 2011, foreign investments have, until the end of March 2013, posted an increase of 16.3%, against a decline of 17.2% compared with the first quarter of 2010.

The development plan for 2013 predicts the mobilization of about 3,000 million dinars of FDI.

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