34.9 C
Sunday 13 June 2021
HomeNewsTunisia: industrial investment intentions up 17% (5 months)

Tunisia: industrial investment intentions up 17% (5 months)

Investment intentions in industry grew by 17%, to 1,759.9 million Tunisian dinars (MTD) between 2012 and 2013 (five months), according to the Agency for Promotion of Industry and Innovation (APII).

1,644 projects were reported from January to May 2013, including 64 with an investment of more than 5 MTD.

Once operational, these projects could create nearly 30,000 jobs.

According to the May 2013 newsletter of APII, these investment intentions relate primarily to business creation and foreign share holding projects.

These projects will be directed primarily to building materials industries (574 MTD), mechanical and electrical industries (421 MTD) and food industries (375 MTD).

According to the same document, industrial exports posted a 9.3% increase between 2012 and 2013 (five months) to 9,763 MD.

Nearly half of these exports (4,347 MTD) come from mechanical and electronic industries, while the fifth of exports (2,235 MTD) is provided by textile and clothing industries.

In contrast, reported investments in services fell by -25% to 642 MTD in May 2013.


Please enter your comment!
Please enter your name here

- Advertisement -