FIPA : Foreign investments up 18.9% end of Sep. 2022

Date:

- Advertisement -

Foreign investment flows to Tunisia were up 18.9% by the end of September 2022 compared to the same period last year, according to data from the Foreign Investment Promotion Agency (FIPA) received by TAP.

These investments edged up 16.6% compared to the same period in 2020 and fell by 19.7% compared to 2019.

Tunisia drew foreign investments woth TND 1.645 billion by the end of September 2022, against TND 1.383.4 billion during the same period last year.

These investments are shared out between TND 5.6 million in portfolio (-69% compared to the same period in 2021) and TND 1.639.4 billion in foreign direct investments (+20% compared to 2021).

In terms of sectoral breakdown of foreign direct investments, the FIPA indicated that the manufacturing sector drew the most investments, reaching TND 879.7 million against TND 754.8 million during the same period in 2021.

The services sector saw a noteworthy rise of over TND 170 million, drawing foreign investments worth TND 376 million against TND 200.8 million last year, the agency specified.

Investments in the agricultural sector were low, standing at TND 6 million compared to TND 5.2 million in 2021.

Investments in the energy sector fell by 6.7% to TND 377.5 million.

Excluding energy, the FDI helped carry out 420 investment operations worth TND 1.261.9 billion, generating 11.718 direct jobs.

The investment operations included 53 new projects worth TND 71.6 million which will help create 2.456 direct jobs.

The remaining 367 extension projetcs, worth TND 1.190.3 billion, will generate 9.262 jobs.

France is still the first foreign investor in Tunisia (TND 436 million), followed by Qatar (TND 283.1 million), Italy (TND 167.3 million), Germany (TND 106.3 million) and Japan (TND 44.1 million).

Latest

More like this
Related

Ecomondo 2024: Italy Leads Global Green Transition with Record-Breaking Sustainability Fair

Ecomondo 2024 opens in Rimini with over 1,600 exhibitors and 100 countries. Italy's green economy takes center stage at this global event, showcasing innovations in sustainability, decarbonization, and the circular economy.

Ecomondo 2024: A Global Hub for Green Innovation

Ecomondo 2024: Connect with global leaders in the green economy. Explore sustainable solutions and network with experts from around the world

KEY 2025: A Global Hub for Sustainable Energy Solutions

KEY 2025: The Energy Transition Expo is the leading global platform for the energy industry. Discover the latest innovations, connect with industry experts, and explore sustainable solutions for a greener future.

Guinea-Bissau’s Blockchain Breakthrough: A Paradigm Shift in Public Wage Management

Guinea-Bissau has successfully implemented a blockchain-based platform to revolutionize its public wage bill management. This innovative solution enhances transparency, efficiency, and accountability in government finances, setting a new standard for public sector management in the region.

Ecomondo 2024: The Mattei Plan and Africa’s Green Growth in Focus

Join Ecomondo 2024, Europe's leading event for green technologies, focusing on Africa's sustainable development, global environmental challenges, and the Mattei Plan. November 5-8 in Rimini, Italy.

Smart City Brazil Goes Global: Italian Exhibition Group Takes the Helm

Italian Exhibition Group (IEG) has joined forces with the Smart City Business America Institute (SBCA) to organize the SCB-Br Expo and Congress, starting in 2025.

Tunisia, Netherlands, and Africa Boost Cooperation with New Triangular Pact

Tunisia and the Netherlands have joined forces with Africa to strengthen economic ties through a recently signed agreement.

Tunisia’s Trade Gap Widens in May

Tunisia's trade deficit grew 12% in May compared to April, according to the National Institute of Statistics (INS). The deficit reached TND 1.44 billion, up from TND 1.27 billion the previous month.