31.3 C
Tunisia
Tuesday 3 August 2021
HomeNewsTunisia: reported investment in industry rises 23% to 730 MD at end...

Tunisia: reported investment in industry rises 23% to 730 MD at end February

Reported investment in industry went up 23.2% to 792.2 million dinars during the first two months of 2020, as against 590 million dinars in the same period in 2019, according to the Agency for the Promotion of Industry and Innovation (APII).

This boom highlights the still decisive weight of the mechanical and electrical industries, which have seen a 151.3% growth in investments, rising from 121.8 million dinars in the first two months of 2019 to 306.2 million dinars in the same period in 2020.

The construction sector also saw its investments rise by 59.8% to 191.7 million dinars.

It must be said that the drivers of this growth are numerous since the leather and footwear industries are witnessing a real boom (+116.8%).

However, this evolution is to be taken with caution since the amount of investments has risen from 0.7 to 1.5 million dinars between the first two months of 2019 and those of 2020.

The industries that are experiencing a drastic drop in investment are those of textiles and clothing (-75.9%), chemical industries (-50.3%) and food processing (-45.2%).

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

MOST POPULAR

HOT NEWS