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Tunisia: Private agricultural investments up 41% to 292.6 MD at end August 2021 (APIA)

The approved investments amounted to 1991 investment operations worth 292.6 million dinars (MD) at the end of August 2021, recording a rise of 27.2% in number and 41% in value. These investments will create 2323 permanent jobs (against 1757 at the end of August 2020).

According to statistics published by the Agency for the Promotion of Agricultural Investments (APIA), the holders of these investments have benefited from subsidies amounting to 87.9 MD (30% of the volume of investments approved), including an amount of 35.7 MD allocated to the acquisition of agricultural equipment.

The APIA reported an increase in approved investments in olive growing by 61% to 58.3 MD, and in the agricultural services sector by 50% to 30.3 MD.

On the other hand, investments in the primary processing sector decreased by 23.2% to 18.9 MD.

The rate of credit increased to 19.5%, during the first eight months of 2021, from 15.4% during the same period in 2020.

Regarding the investments declared, the APIA has identified 4097 reported operations in the first eight months of 2021, worth 800.8 MD, up 10% (to 714.3 MD), compared to the same period of 2020.

The Agency also reported that the service of online declaration was launched on March 4, 2021, and until the end of August, 218 declarations have been issued, for a value of 73.8 MD.

These investment operations are located mainly in the governorate of Sidi Bouzid (17.9%), and the governorate of Kairouan (16.1%).

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