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Tunisia: FDI up 21.1% over 2011

Foreign direct Investments (FDI) reached 627.6 million dinars in the first four months 2012, against 518.4 during the same period of 2011, up 21.1%, and down 2.7% over the same period in 2010, according to the latest statistics released by the Foreign Investment Promotion Agency (FIPA).

Foreign investments are shared out as follows: 592.8 MTD in FDI and 34.8 in portfolio during the first four months of 2012, against 496.8 MTD and 21.6 MTD, respectively, during the same period of 2011.

The analysis of FDI flows by sector shows a concentration on the energy (390 MTD) and manufacturing industries (129.6 MTD). The first four months of 2012 have also been marked by the entry into production of 35 new businesses and achievement of 88 expansion operations that have generated 2,719 new job positions.

However the number of jobs declined by 8.5% compared to the number of jobs created during the same period of 2011. New firms that entered into production generated 1,373 jobs. They are divided between manufacturing industries (23 projects) and other services sectors (12 projects).

As for expansion plans, they have helped create 1,356 jobs and involved the sectors of manufacturing industries (76 projects), services and other sectors (7 projects), agriculture (3 projects) and tourism and real estate (2 projects).

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