HomeNewsTunisia: Private agricultural investment up 6.4%

Tunisia: Private agricultural investment up 6.4%

Private investment in agriculture and fisheries, approved by the Agency for the Promotion of Agricultural Investments (APIA), posted a 6.4% increase to reach a total volume of 418.9 million Tunisian dinars (MTD) during the eleven months of 2012, against 392.9 MTD in the same period of 2011.

These approved investments will create 4,883 permanent jobs against 4,580 in 2011, i.e. up 6.6%, says the monthly newsletter of the APIA, adding that the breakdown of approved investments by activity, shows a clear growth of agricultural services activities with a 172.2% increase.

For its part, the volume of investments reported in the agricultural sector reached 579.272 MTD during the eleven months of 2012, against 548.801 MD in 2011, up 5.6%.

The number of reported projects reached 5,619 during the 11 months of 2012, against 5,173 in the same period in 2011, posting an increase of 8.6%.

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