HomeNewsTunisia: Foreign and joint industrial investment down 22.3% in Q1 2014

Tunisia: Foreign and joint industrial investment down 22.3% in Q1 2014

Foreign and joint industrial investments fell from 332.2 million Tunisian dinars (MTD) during the first quarter of 2013 to 258 MD, during the first quarter of 2014, recording a drop of 22.3 %, according to latest figures from the Industry Promotion Agency.

This decrease is due to the 100% foreign projects whose investment reached 115.2 MTD against 212.7 MTD during the first quarter of 2013, down 45.8%, as opposed to joint ventures whose investments increased 19.5 % from 119.5 MTD to 142.8 MTD during the first quarter of 2014.

In terms of the sectoral approach, the decline 100% foreign and joint investment is attributed mainly to the area of mechanical and electrical industries (38.4 MTD against 168.3 MTD).

Similarly, joint and foreign investments reported under miscellaneous industries declines from 56.3 MTD to 20.1 MTD.

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