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Tunisia: sharp decline in reported foreign investment in services

Foreign Investment in the service sector fell from 191.7 MD during the first nine months of 2017 to 116.6 MD during the same period 2018, down 39.4%.

This drop is due to both partnership projects whose investments reached 93.0 MD against 161.2 MD during the first nine months of 2017 (-42.3%) and 100% foreign projects whose investments decreased by 22.8% (23.6 MD against 30.5 MD during the first nine months of 2017).

The number of foreign-invested projects has increased by 23.4%, from 800 during the first nine months of 2017 to 987 during the same period of 2018.

This increase is the result of the 37.6% rise recorded in the number of partnership projects (373 projects in the first nine months of 2018 compared with 271 in the same period of 2017), as well as the 100% foreign projects which number reached 614 compared to 529 during the first nine months of 2017 (+ 16.1%).

As for the jobs to be created, they saw an increase of 2.8% for partnership projects and 34.8% for 100% foreign projects.

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