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Tunisia: FDI rises 11% at end November

The flow of foreign investment grew by 11 percent at the end of November 2017 to 2,023.3 million dinars (MD).

These investments are distributed in the amount of 1,911.9 MD in foreign direct investment (FDI) and 111.4 MD in portfolio.

According to statistics published by the Foreign Investment Promotion Agency (FIPA), industry accounts for just under half of the FDI garnered by Tunisia since the beginning of the year, for a total of 905 MD.

In fact, the Tunisian industrial sector attracts more and more foreign investors, especially during the last four years, with mobilized investments rising from 419 MD in 2014 to 503 MD in 2015 and 779 MD, in 2016, to reach 905 MD, the current year.

On the other hand, the energy sector is in a downward trend, since the investments were limited during the first 11 months of the current year to 783 MD, against 790 MD in 2016 (-0,9%) and 890 MD in 2015, which corresponds to a decrease of -12%.

This activity has been severely paralyzed by social movements in recent years, which has discouraged private investment.

Director General of Hydrocarbons at the Ministry of Energy, Mining and Renewable Energies, Mohamed Ali Khalil had indicated at the end of November “the repetitive stoppages of production in oil fields in southern Tunisia have caused losses of the order of 930 million dinars in the period May-August 2017.

As for the services sector, it recovered, at the end of November 2017, with mobilized investments in the order of 207 MD (up 19.7% compared to 2016), without, however, reaching the 2014 and 2015 levels (investments exceeding 300 MD).

As for agriculture, investments have always been very modest. At the end of November 2017, these investments fell by 23% to 15.9 MD, compared to 2016.

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