HomeNewsTunisia: sharp fall in reported foreign investment in industry

Tunisia: sharp fall in reported foreign investment in industry

The 100% foreign investments and those in partnership increased from 888.2 MD during the first eleven months of 2016 to 655.3 MD during the same period of 2017, posting a decline of 26.2%.

This decline is the result of the decrease recorded for 100% foreign projects whose investments went down 492 MD to 202.7 MD during the first eleven months of 2017 (-58.8%).

This was stated by the Agency for the Promotion of Industry and Innovation (APII).

On the other hand, investments in partnership projects increased by 14.2% (452.6 MD vs. 396.2 MD during the first eleven months of 2016).

The sector-based approach shows in fact that the decline in 100% foreign investment and those in partnership is attributable mainly to the sector of mechanical and electrical industries whose investments went down from 302.6 MD to 170.7 MD (-43.6%).

The same applies to the agri-food industry sector, whose investments dropped from 325 billion to 145.5 million, thus recording a decline of 55.2%.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

MOST POPULAR

HOT NEWS