27.9 C
Tunisia
Wednesday 23 June 2021
HomeNewsTunisia: FDI posts 35.1% growth (January-February 2012)

Tunisia: FDI posts 35.1% growth (January-February 2012)

Foreign direct investment (FDI) in Tunisia reached 291.2 million Tunisian dinars (MTD), up 35.1% during the first two months of 2012, compared to the same period of 2011, according to the latest statistics published by the Foreign Investment Promotion Agency (FIPA). Compared to 2010, the increase in FDI does not exceed 2%.

Foreign investments are allocated to the tune of 4.172 MTD to FDI and 19.8 MTD to portfolio.

The FDI reaped in January and February 2012 is the result of the entry into production of 20 new companies (10.91 MTD) and the realization of 49 extension operations (260.48 MTD).

The number of jobs created is 1,425 positions, up 70% compared to the same period in 2011. Analysis of FDI flows by sector shows a concentration on energy and manufacturing industries for respective values of about 160 MTD and 59.8 MTD.

FDI in tourism and real estate fell sharply by 50% from 17 MTD in 2010 to 2 MTD in 2011 and 1 MTD in 2012.

The same trend was recorded for foreign investment in services (25.5 MTD), which decreased by 42.3%.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

MOST POPULAR

HOT NEWS