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Tunisia: reported industrial investment posts 30.7% increase

Industrial investment reported to the services of the Agency for the Promotion of Industry and Innovation (APII) reached 2,639.7 million Tunisian dinars (MTD), posting an increase of 30.7%.

Compared to the same period of 2015, some 2979 projects were reported, representing a rise of 8.4% which is expected to create nearly 43,777 job positions (+ 7%).

According to the latest figures released to African Manager, strong growth is achieved by the food industry with 880 reported projects and investments in the order of 1.02 billion dinars (+ 63%).

According to the same source, the first ten months of 2016 were also marked by a remarkable growth 52.3% of reported investment in regional development zones, equivalent to 1,299.4 million Tunisian dinars.

This evolution is explained by the number of reported industrial projects which reached 893, up 12.9%. These projects are expected to generate 18,394 job positions, up 31.15% compared to 2015.

This important and crucial trend is also confirmed by the evolution of Tunisian investments which posted a 27.6% increase, equivalent to 1.7793 billion dinars. Foreign investment rose 80.9%, i.e. 476.3 million dinars.


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