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Tunisia: Investment in wholly exporting industries down 39%

Investments reported in totally exporting industries have declined by 39.3 % from 1,486.7 million Tunisian dinars (MTD) to 901.9 MTD during the first 11 months of 2013.

Industries whose production is oriented towards the local market grew 27.9 % from 1,669.1 MTD to 2,135.2 MTD during the same period, said the letter from the Industry Promotion Agency (API) for the month of November 2013.

The decline in reported investment in totally exporting industries is mainly due to the agri-food sector whose reported investment fell 74.8 %. Similarly, miscellaneous industries recorded a decline of 40.6 %.

This is also the case of the leather and footwear industries whose reported investments under the totally exporting scheme posted a decrease of 70.4 %.

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