Foreign Investment Down 33.7% in First Two Months of 2014 Compared to 2013
2 April 2014
Read by 1529 persons
Foreign investment reached 192.4 million dinars (MD) in the first two months of the year, compared to 290.4 MD during the same period in 2013, according to the latest statistics published by the Foreign Investment Promotion Agency (FIPA).
This represents a 33.7% decrease compared to the same period in 2013, a 40.1% decrease compared to the same period in 2012, a 10.6% decrease compared to 2011, and a 30.1% decrease compared to 2010.
Foreign Direct Investment (FDI) amounted to 181.8 MD in 2014 (-33.9% compared to 2013 and -39.7% compared to 2012), while portfolio investment reached 10.6 MD (-31.3% compared to 2013 and -46.6% compared to 2012).
Regarding the sector breakdown of FDI, results at the end of February 2014 show that energy investments took the lion's share, reaching 155 MD. This represents a 3.3% increase compared to 2013 (150 MD) and an 18.4% decrease compared to 2012 (190 MD). Next, investments in the manufacturing sector reached 18.6 MD, showing a 3.3% increase compared to the same period in 2013 (18 MD) and a 68.9% decrease compared to 2012 (59.8 MD). The agriculture sector saw 8.2 MD in new investments, showing respective decreases of 92.3% and 84% compared to the same period in 2013 (107 MD) and 2012 (51.6 MD).
Businessnews.com.tn
Published April 1, 2014.
Posted online April 2, 2014.
This represents a 33.7% decrease compared to the same period in 2013, a 40.1% decrease compared to the same period in 2012, a 10.6% decrease compared to 2011, and a 30.1% decrease compared to 2010.
Foreign Direct Investment (FDI) amounted to 181.8 MD in 2014 (-33.9% compared to 2013 and -39.7% compared to 2012), while portfolio investment reached 10.6 MD (-31.3% compared to 2013 and -46.6% compared to 2012).
Regarding the sector breakdown of FDI, results at the end of February 2014 show that energy investments took the lion's share, reaching 155 MD. This represents a 3.3% increase compared to 2013 (150 MD) and an 18.4% decrease compared to 2012 (190 MD). Next, investments in the manufacturing sector reached 18.6 MD, showing a 3.3% increase compared to the same period in 2013 (18 MD) and a 68.9% decrease compared to 2012 (59.8 MD). The agriculture sector saw 8.2 MD in new investments, showing respective decreases of 92.3% and 84% compared to the same period in 2013 (107 MD) and 2012 (51.6 MD).
Businessnews.com.tn
Published April 1, 2014.
Posted online April 2, 2014.
