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Tunisia-Industry: more projects with few jobs!

Investments related to projects costing more than 5 MD increased by 23.6% from 1078.6 MD during the first six months of 2017 to 1333.4 MD during the same period of 2018.” This is what emerged from the latest figures released by the Agency for Promotion of Industry and Innovation (APII).

These projects will create 8827 job positions, compared to 8675 jobs in the first six months of 2017, up 1.8%.

Projects of 5 MDs or more, which represent only 4.7% of the number of projects reported and 26.8% of the number of jobs, account for 68% of all reported investments.

According to the same figures, the investments reported as part of the creation projects went up from 812.4 MD during the first six months of 2017 to 1,078.8 MD during the same period of the year 2018, posting an increase of 32.8%.

The number of this type of projects increased by 27.2% from 1,381 to 1,757 during the first six months of 2018, and the jobs to be created grew by 18.6% with 22,604 jobs compared to 19,054 during the first six months of 2017.

In addition, investments reported under projects other than creation (extension, renewal of equipment, etc.) reached 883.4 MD against 1,183.6 MD during the first six months of 2017, i.e. a decrease of 25.4%.

The number of these projects decreased by 38.4% from 646 to 398 during the first six months of 2018, and related jobs fell by 22.6% with 10,291 jobs compared to 13,296 in the first six months. 2017.

Reported investment in the fully exporting industries rose by 55.7% from 404.9MD to 630.2MD in the first six months of 2018.

Industries that are oriented towards the local market have seen a 16.3% decrease from 1,591 MD to 1,332 MD during the first six months of 2018.

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