Tunisia: Foreign investment up 14.8% in eleven months of 2013
16 January 2014
Read by 1658 persons
Foreign investment in Tunisia reached approximately 1.77 billion dinars (1 Tunisian dinar = 0.60 US dollars) between January 1 and November 30, 2013, up 14.8% compared to the same period in 2012, according to a report by the Foreign Investment Promotion Agency (FIPA).
Compared to 2010 levels (from January to November), foreign investment fell by 20.2%, due to the political and security problems the country has experienced since the revolution of January 14, 2011.
In the first eleven months of 2013, investments were divided between foreign direct investment (1.65 billion dinars) and portfolio investment (124 million dinars). These investments, which materialized in the creation of 315 new projects and the expansion of 177 existing projects, generated a total of 7470 jobs.
The sectoral distribution of these investments shows that the energy sector took the lion's share between January and November 2013, with 980 million dinars, an increase of 16.7% compared to the same period in 2012. With 454.5 million dinars, the manufacturing sector recorded an increase of 7.3% compared to 2012.
The agricultural sector, which attracted foreign investment of around 11 million dinars in eleven months of 2013, saw an increase of 139.7% compared to the same period in 2012.
Agenceecofin.com
Published January 16, 2014.
Posted online January 16, 2014.
Compared to 2010 levels (from January to November), foreign investment fell by 20.2%, due to the political and security problems the country has experienced since the revolution of January 14, 2011.
In the first eleven months of 2013, investments were divided between foreign direct investment (1.65 billion dinars) and portfolio investment (124 million dinars). These investments, which materialized in the creation of 315 new projects and the expansion of 177 existing projects, generated a total of 7470 jobs.
The sectoral distribution of these investments shows that the energy sector took the lion's share between January and November 2013, with 980 million dinars, an increase of 16.7% compared to the same period in 2012. With 454.5 million dinars, the manufacturing sector recorded an increase of 7.3% compared to 2012.
The agricultural sector, which attracted foreign investment of around 11 million dinars in eleven months of 2013, saw an increase of 139.7% compared to the same period in 2012.
Agenceecofin.com
Published January 16, 2014.
Posted online January 16, 2014.
