Foreign investment flows stood at 1,113.2 million dinars (MD) by the end of H1 2020, showing a downward trend over the past two years.
These investments dropped 14.2% and 2.5% compared to 2019 and 2018 respectively, as shown by figures released by the Foreign Investment Promotion Agency (French: FIPA).
The funds are shared as follows: 1,074.1 MD in direct investments and 39.1 MD in portfolio investments.
Direct investments in the period spanning from January to June declined 14.2% in comparison with the same period in 2019 and portfolio investments followed suit (-14.3%).
The downward trend was also seen in the industry sector and energy with foreign direct investments amounting to 576.5 MD (-13.3%) and 445.8 MD (-9%), respectively.
Foreign direct investments in the sector of services posted a 50.8% drop to 44.4 MD, while agricultural investment edged up 18% (7.4 MD).