Reported investments in the industrial sector reached 2 billion dinars in the first ten months of 2021, compared to 2.4 billion during the same period in 2020, down 16.9%.
However, the number of declared projects reached 2,777, against 2,700 during the first ten months of 2021, up 2.9%.
These projects will create 39,736 jobs, compared with 41,912 jobs in the first ten months of 2020, according to figures released by the Agency for the Promotion of Industry and Innovation (APII).
The number of projects is expected to rise to 2,777 by the end of October.
Sectors that experienced increases in reported investments at the end of October were the chemical industries (+75.6%) and the agri-food industries (+39%).
On the other hand, decreases were recorded in investments reported in the sectors of building materials, ceramics and glass industries (-62.3%), mechanical and electronic industries (-43%) and leather and footwear industries (-39%).
It is worth noting that the sector of the food industry is the most important sector of the economy.
53% of the investments reported during the first ten months of 2021 are in the context of expansion and equipment renewal projects.
The investments reported under the creation projects have fallen from 1.35 billion dinars during the first ten months of the year 2020 to 962.4 million dinars during the first ten months of the year 2021, posting a decline of 28.9%.
As for investments reported under projects other than creation (extension, renewal of equipment) fell slightly by 2% to 1 billion dinars.
The number of these projects is up 9.9% and related jobs have increased from 19,151 jobs to 21,201 (+10.7%).
The investments relating to projects whose cost is higher than 5 million dinars, saw a decline of 27.6% from 1.72 billion dinars during the first ten months of 2020 to 1.25 billion during the same period of 2021.
These projects will create 12,345 jobs, compared to 14,782 jobs a year earlier, a decrease of 16.5%.
The 100% foreign and partnership industrial investments fell from 917.7 million dinars to 781.1 million, down 14.9%. This decline is the result of the 26.3% decrease recorded in 100% foreign projects.
On the other hand, partnership investments were marked by an increase of 12.7% for a value of 301.7 million dinars, against 267.6 million during the first ten months of 2020.