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Thursday 23 September 2021
HomeNewsTunisia: nearly 207 MTD invested by ATIC in 2015

Tunisia: nearly 207 MTD invested by ATIC in 2015

Members of the Tunisian Association of Capital Investors (ATIC) have invested 207 million Tunisian dinars (MTD), about 0.25% of GDP in 2015, according to figures provided by Karim, Ghenim, president of ATIC, at the opening Thursday in Tunis of the second annual conference of capital investment .

Over the last four years 2012-2015, ATIC has invested 800 MTD, generating 5,000 new job positions a year, he added.

Nearly 189 projects (creation or expansion) have been funded in 2015. About half of the 2015 investments (100 MTD) have been made in regional development zones.

The penetration rate will reach 0.6% of GDP in 2016, i.e. a volume of investment ranging between 250 and 300 MTD.

Ghenim pointed to the bad economic situation which does not encourage investors to direct their capital in interior regions where the need to create jobs for youth stations arises.

According to him, “the state must assume its role: reduce uncertainty for investors, be the guarantor of stable legislation that is consistent with the long-term investment process and reassure professionals committed to long-term fund-raising processes. “

“We must increase the long-term visibility,” he stressed.

For his part, Minister of Vocational Training and Employment, Zied Ladhari, said there is currently a great mobilization on the part of the government, stressing that “the problem of unemployment is an economic problem that requires economic solutions either in terms of stimulating the national economy or that of boosting investment.”

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