Investment intentions for projects whose cost exceeds 15 million dinars went down 42% in 2021 compared to 2020 from 2,818 million dinars to 1,620 million, and a decline of 26% compared to the same period of 2019.
According to data from the Tunisia Investment Authority (TIA), the number of job positions saw a 24% decrease compared to the year 2020 and a 27% decline compared to 2019.
The reported investment projects cover creation, extension and renewal operations distributed as follows:
– 4 projects of creation (56%) with an investment cost of 1,177 million dinars and 7,574 jobs to create.
– 10 extension projects (40%) with an investment cost of 411.4 million dinars and 2,598 jobs to create.
– 1 renewal project (4%) with an investment cost of 32 million dinars and 122 jobs to be created.
The volume of investments generated by the creation operations is clearly higher than that of the operations of extension, reflecting a positive sign in relation to the nature of investments reported.
The agricultural sector has the largest share of investment creation (54%) with a volume of investment of 647 million dinars allowing the creation of 4,412 jobs followed by the industry sector (19%).
In terms of project numbers, the industry sector came first (47%) followed by renewable energy (20%) and services (20%).
The analysis of the sectoral evolution of reported investments shows that the volume of investments in 2021 saw a 100% increase at the level of the agricultural sector compared to the same period of 2020 but a significant decrease of (83%) in the renewable energy sector and (41%) in industry.
A more detailed analysis at the level of industrial investments reported in 2021 reveals important shares of projects in chemical industries (27%) and those of Mechanical & Electrical Industries (23%). On the other hand, the sector of Mechanical Industries monopolizes the most important share (36%) at the level of job creation.
At the level of the sector of mechanical and electrical industries, most of the reported investments affect the automotive sector (manufacture of automotive components) with an investment volume of 62.8 million dinars; these investments are of German origin.
Of all the projects reported during the past year:
– 9 projects operate under the totally exporting regime with a total investment budget of 1,054 million dinars, up 59.4% compared to 2020 allowing the creation of 7,379 jobs.
– 16 projects reported under the regime other than totally exporting with an investment cost of 566.5 million dinars allowing the creation of 2,915 jobs.
