26.7 C
Tuesday 3 August 2021
HomeNewsTunisia: FDIs edge down 19.3 % in Q1 2014

Tunisia: FDIs edge down 19.3 % in Q1 2014

The rate of foreign direct investment (FDI) in Tunisia declined by 19.3 % in the first quarter of 2014 compared to the same period of 2013.

The amount of these FDIs reached 342.1 million Tunisian dinars (MTD) during the first quarter of 2014 against 423.7 MTD during the same period last year, according to data from the Foreign Investment Promotion Agency (FIPA).

FDI declined by 28.1 % compared to 2010, the reference year,

Investments consist of direct investments, amounting to 321.1 MTD and portfolio investment valued at 21 MTD.

This decrease is explained by the 89.7% fall in investment in the services sector to 12.9 MTD from 125.2 MD during the same period last year.

In addition, foreign investment in the manufacturing sector fell by 10.9 % to 43.2 MTD in 2014 against 48.5 MTD in 2013.

The energy sector has maintained its leading position with a total foreign investment estimated at 265 MTD against 230 MTD in the first months of 2013, up 15.2%.


Please enter your comment!
Please enter your name here

- Advertisement -