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Thursday 16 July 2020
Home News Tunisia: private agricultural investment down 7.2% until end of May 2020 (APIA)

Tunisia: private agricultural investment down 7.2% until end of May 2020 (APIA)

Private agricultural investments went down 7.2% to 104 million dinars, until the end of May 2020, from 112.2 million dinars, during the same period of the past year, according to data from the Agricultural Investment Promotion Agency (APIA).

In terms of number, agricultural investments reached 788 operations during the first five months of May, against 1,263 during the same period of 2019, i.e. a drop of 37.6%.

According to APIA, these approved investments will create 769 permanent jobs, 35 of which will be for higher education graduates.

These investments are divided between agricultural activities (74 MD), fishing (4 MD), aquaculture (3 MD), services (9.5 MD) and integrated primary processing (13.5 MD).

According to the same source, the approved investments will benefit from premiums worth 31.5 MD, i.e. 30.3% of the volume of approved investments.

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