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HomeNewsTunisia: investments in projects of over 5 MTD down 2.4%

Tunisia: investments in projects of over 5 MTD down 2.4%

Investments in reported projects whose cost exceeds 5 million Tunisian dinars (MTD) fell by 2.4%, from 1,307.1 MTD in the first ten months of 2010 to 1,276.3 MTD in the first ten months of 2010.

The number of these projects increased from 78 to 98 in the first ten months of 2011, i.e. a rise of 25.6%, according to the last issue of the Industry and Innovation Promotion Agency (APII)’s bulletin.

These projects involve food industry (25), building materials industries, ceramics and glass (20), mechanical and electrical industries (24), chemical industries (7), textile and clothing (2) and miscellaneous industries (20).

These projects, which account for 49.7% of all reported investments, will help create 13,964 jobs compared with 15,026 jobs in the first ten months of 2010, i.e. a fall of 7.1%.

Twelve projects among the 98 reported were carried out with total investments of 525.7 MTD, i.e. 41.2% of the total investment in projects whose cost is higher than 5 million dinars.

They involved the creation in Sfax of a cars and motor cycles unit at a cost of 100 MTD, the extension in Gabes of a unit of phosphates and derivatives for 80 MTD and the creation in Kairouan of a unit of bars and rods for 58 MTD, in addition to the creation in Jendouba of a paper unit for 52 MTD and a unit of cellulose wadding in Zaghouan with a budget of 50 MTD.

These investments also provide for the creation in Kasserine of a cannery with a value of 30 MTD, a unit of milk and dairy products for 28.5 MTD in Sidi Bouzid and the setting up of an organic fruit canning plant in Kasserine at a cost of 27 MTD.

Are also planned the creation in Gabes of a water-heating unit with a budget of 26 MTD, the extension of a unit of ceramic tiles in Mahdia for 25.6 MTD, the expansion in Zaghouan of a cement plant at a cost of 24.7 MTD and the creation in Sidi Bouzid of a unit of amino acid for 23.9 MTD.

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