TIA: 6 projects declared for 1377.3 MDT at end of March 2022

Date:

- Advertisement -

Six projects have been declared to the Tunisian Investment Authority (TIA), during the first quarter of 2022, for a cumulative investment budget of 1377.3 MDT, allowing the creation of 1083 jobs.

According to the TIA, the growth in the volume of investment is explained by the implementation of a cement factory project for a substantial investment cost of 950 million dinars, in March 2022.

The declared investment projects cover operations of creation, extension distributed as follows

3 creation projects (50%) with an investment cost of 1065.3 MD and 502 jobs to be created.

3 extension projects (50%) with an investment cost of 312 MD and 581 jobs to be created.

According to the same source, the volume of investments, during the first quarter of 2022 has experienced a significant increase of (439%) at the level of the industrial sector compared to the same period of 2021.

The six investment projects declared during the first quarter of 2022 cover 6 governorates, 33% of the declared projects are located in the regional development areas with a budget of 1020 MD or 74% of the total investments declared. They generated the creation of 336 jobs, i.e. 31% of the total number of jobs to be created.

Among also the investment projects declared to the TIA during the 1st quarter of 2022, 5 projects including foreign participation for an investment cost of 1307.3MDT that is 95% of the declared investments. These projects have generated 1047 jobs.

Latest

More like this
Related

KEY – The Energy Transition Expo 2025: Leading the Way to a Decarbonized Future

KEY – The Energy Transition Expo 2025: Pioneering Decarbonization Solutions. Join global leaders, experts, and innovators at this pivotal event to shape the future of energy.

INNO’PRENEURS DAYS 2024: Catalyzing Ecological, Technological, and Entrepreneurial Transitions

Discover how the INNO'PRENEURS DAYS 2024 is driving ecological, technological, and entrepreneurial transitions. Join the conversation on sustainability, innovation, and social impact. Learn from experts, network with peers, and shape the future of business.

PEMA Project Concludes: A Strategic Leap for Tunisian Exports to Sub-Saharan Africa

The PEMA project has successfully concluded, leaving a lasting impact on Tunisian exports to Sub-Saharan Africa. This German-funded initiative empowered over 1,100 Tunisian companies, particularly women-led enterprises, to expand their reach and create new business opportunities. Discover how PEMA has transformed Tunisia's export landscape.

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.