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Wednesday 22 September 2021
HomeNewsTunisia: foreign investment declines 6.9% in eleven months of 2016 (FIPA)

Tunisia: foreign investment declines 6.9% in eleven months of 2016 (FIPA)

The flow of foreign investment fell by 6.9% between 2015 and 2016 (first 11 months) to 1,923.0 million Tunisian dinars (MTD), according to the latest balance sheet published by the Foreign Investment Promotion Agency (FIPA).

This flow amounted to 1,863.4 million in foreign direct investment (FDI), up .3 percent and 59.6 million in portfolio investments, which posted a free fall by 83.5 percent.

The sector distribution of these investments shows a stagnation of investments in the energy sector at 890.3 MTD, a 54.7% increase in industrial investments to 779.2 MTD and a significant decline by 42.5% of investment in services to 173 MTD.

Foreign investment in agriculture increased by 123.4% from 9.3 million MTD at the end of November 2015 to 20.8 MTD in 2016.

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