Tunisia: European FDI generates more than 300,000 jobs.
29 June 2015
Read by 2401 persons
In Tunisia, 68% of foreign direct investment (FDI) comes from the European Union (mainly in offshore) against only 14% from Arab countries. European FDI generates over 300,000 jobs, while Arab FDI generates far fewer.
Commenting on these figures, the president of Sigma Conseil, Hassen Zargouni, believes that currently European and Arab FDI are in complete collapse, particularly in the energy sector which represented more than a third of investments. "This has the direct consequence of the following imbalance: in 2014, FDI dividends were 2.8 billion dinars against 1.7 billion in FDI. This situation is economically and financially unsustainable for the state and the country," he said.
Mr. Zargouni therefore called on the government to accelerate the pace of reforms, fiscal, banking and investment code to clarify the business environment and send a strong signal to investors. "We must quickly unlock investments from abroad and locally because there is a risk of suffocation," he said, adding that social unrest must cease for a while, time for businesses to breathe.
D.M
Investir-en-tunisie.net
Published June 12, 2015.
Posted online June 29, 2015.
Commenting on these figures, the president of Sigma Conseil, Hassen Zargouni, believes that currently European and Arab FDI are in complete collapse, particularly in the energy sector which represented more than a third of investments. "This has the direct consequence of the following imbalance: in 2014, FDI dividends were 2.8 billion dinars against 1.7 billion in FDI. This situation is economically and financially unsustainable for the state and the country," he said.
Mr. Zargouni therefore called on the government to accelerate the pace of reforms, fiscal, banking and investment code to clarify the business environment and send a strong signal to investors. "We must quickly unlock investments from abroad and locally because there is a risk of suffocation," he said, adding that social unrest must cease for a while, time for businesses to breathe.
D.M
Investir-en-tunisie.net
Published June 12, 2015.
Posted online June 29, 2015.
