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HomeNewsTunisia: FDI up 18.9% to end September 2022

Tunisia: FDI up 18.9% to end September 2022

The flow of foreign investment to Tunisia went up 18.9%, until the end of September 2022, compared to the same period last year, according to data from the Foreign Investment Promotion Agency (FIPA) received by TAP news agency.

These investments have recorded an increase of 16.6% compared to the same period of 2020 and a decrease of 19.7% compared to 2019.

According to these data, Tunisia has attracted foreign investment worth 1,645 million dinars, until the end of September 2022, against 1,383.4 million dinars during the same period of 2021.

The investments are divided between portfolio investments, which saw a decline of 69% compared to the same period of 2021, to 5.6 million dinars, and foreign direct investment, which were up 20%, to 1,639.4 million dinars.

Regarding the sector distribution of foreign direct investment, FIPA said the manufacturing sector has attracted the most investment, with a value of 879.7 million dinars against 754.8 million dinars during the same period of 2021.

The service sector has seen a remarkable growth in investment by over 170 million dinars.

According to FIPA, this sector has recorded foreign investment worth 376 million dinars, until the end of September 2022, against 200.8 million during the same period last year.

Investments in the agricultural sector are still low. They reached 6 million dinars against 5.2 million.

As for investments in the energy sector, they have recorded a decline of 6.7% to 377.5 million dinars.

Excluding energy, foreign direct investment has made 420 investment operations worth 1261.9 million dinars that will create 11718 direct jobs.

The investment operations include 53 new projects worth 71.6 million dinars that will generate 2456 direct jobs.

The 367 remaining extension projects worth 1190.3 million dinars will create 9262 jobs.

France remains the largest foreign investor in Tunisia (436 million dinars), followed by Qatar (283.1 million dinars), then Italy (167.3 million dinars), Germany (106.3 million dinars) and Japan (44.1 million dinars).

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