Foreign and joint investment intentions posted a 27% growth in the first nine months of 2011 compared with the same period last year, increasing from 648.1 million Tunisian dinars (MTD) to 868.5 MTD.
This rise is explained by a 95.6% increase in intentions related to partnership projects which reached 630.09 MTD compared with 322.5 MTD in the first nine months of 2010, according to the recent issue of the business bulletin of the Industry and Innovation Promotion Agency (APII).
Sectoral analysis reveals an increase in 100% foreign and joint investment intentions in the sector of food industry which reached 158.1 MTD, compared with 87.3 MTD, during the first nine months of 2010.
Projects involve, in particular, the creation of an olive oil packaging unit at a cost of 19.8 MTD and plans to create a fruit and vegetable canning plant with a budget of 15.4 MTD.
Moreover, joint and foreign investment reported in the sector of building materials, ceramics and glass rose from 20.2 MTD to 98.6 MTD, particularly after plans to expand a unit for glazing ceramic tiles with a budget of 25.6 MTD and the creation of a unit of crushing, screening and processing of sand at a cost of 16.3 MTD.
Joint and foreign investment intentions in chemical industry also rose from 59.8 MTD to 127.2 MTD, essentially after the announcement of the expansion of a phosphate processing unit with a budget of 80 MTD.
