HomeNewsTunisia: foreign investment increases, but not to the desired level

Tunisia: foreign investment increases, but not to the desired level

The flow of foreign investment reached 1,789.4 million dinars (MD), at the end of October 2017, edging up 11.7%, compared to the same period of 2016, according to the report of the foreign investment during the first ten months of the current year, published Tuesday by the Foreign Investment Promotion Agency (FIPA).

This flow is distributed at a rate of 1,681.2 MD (+ 8.4%) in foreign direct investment (FDI) and 108.2 MD (+ 114.6%) in portfolio investments.

According to the sectoral distribution of foreign investments, the industry sector is now in the first place with an investment amount of 739.2 MD, up 17% compared to the previous year, while that of energy goes to second place, following a 7% drop, to 730 MD.

Foreign investment in services jumped 58.9% to 196.3 million, but did not reach the 2014 level (269.5 million).

The agricultural sector grew 47.2%, to 15.8 MD, but still does not attract a significant amount of foreign investments.

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