HomeNewsTunisia: FDI down 3.3% (FIPA)

Tunisia: FDI down 3.3% (FIPA)

The flow of foreign direct investment (FDI) fell by 3.3% between 2012 and 2013 (first seven months) to 1,079.4 million Tunisian dinars (MTD), according to the latest statistics published by the Foreign Investment Promotion Agency (FIPA).

Compared to 2010, the drop in FDI was 16.3%, compared to a 15% increase in 2011.

These investments are spread up to 959.4 MTD in foreign direct investment and 120 MTD in portfolio investment.

FIPA said the new investments have created 94 new companies against 77 in the first seven months of 2012. They also involved the extension of 248 installed units, against 112 during the same period of 2012.

The textile and clothing sector, the mechanic and metal industry and finally electrical and electronic industries are sectors that attracted the largest investments, with the creation of 27 units and 47 extensions, 21 units and 13 extensions and 9 units and 83 extensions, respectively.

France, Italy and Germany are the most dynamic countries in terms of business creation during the same period, with 68 units set up on a total of 94.

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