22.9 C
Tunisia
Friday 18 June 2021
HomeNewsTunisia: foreign investment plunges 12.5%

Tunisia: foreign investment plunges 12.5%

Foreign investment in Tunisia, which amounted to 1.481 billion dinars in the first ten months of 2014 fell 12.5% compared to the same period in 2013 and 24.1% compared with 2010, according to the latest statistics published by the Foreign Investment Promotion Agency (FIPA).

The flow of foreign investment is distributed at 1,341.2 million Tunisian dinars (MTD) for foreign direct investment –FDI- (-14.6% compared to 2013) and 139.8 MD for portfolio investment (+ 13.2%).

Compared to 2010 figures, FDI plummeted 22.5% while portfolio investment fell 36.5%.

From January to October 2014, the results of the sectoral distribution of foreign investment flows show that the energy sector ranks first with investment reaching 800 MTD, while recording a decline of 14% from the same period in 2013 and down 27.3% compared to 2010.

The service sector showed more dynamism, it is positioned in second place with investment of 271.9 MTD, up 40.7% compared to the year 2013 and up 37.4%, compared to 2010.

In terms of investment in the industrial sector (263.1 MD), they fell 39.7% compared to 2013 and 38.7% compared to 2010.

The agricultural field (6.2 MTD) posted a decrease of 38.8% from 2013 and increased 137.5% compared to 2010.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

MOST POPULAR

HOT NEWS