Foreign direct investment in Tunisia on the rise

According to statistics from the Foreign Investment Promotion Agency, the flow of investments attracted by Tunisia during the first 4 months of 2010 reached 306 million euros, compared to 291 million euros in the same period of the previous year, showing an increase of 6.2%.

The sectoral breakdown of these investments reveals a strong concentration in the energy and manufacturing sectors, which recorded investments of 172 million euros and 72 million euros, respectively.

Investments in Tunisia are also directed towards: industry (€72 million), services and other sectors (€32 million), tourism and real estate (€30 million).

The most important investments were made within the framework of two projects: the first concerns the entry of a third telephone operator, “Orange Divona,” into the local market, for an amount of 9.5 million euros in FDI out of a total project investment of 19 million euros; the second concerns the golf course (9 million euros) which is part of the Tunis Sports City project by the Emirati group Abou Khater.

At the industrial level, the electrical and electronic industries have attracted the most consistent amount of foreign investment, with approximately 14.5 million euros from 19 projects; the mechanical industries are in second place, with an investment of 12 million euros in 27 projects; third is the textile sector which has made an investment of approximately 11 million euros with 44 projects.

Source: ICE TUNISI

ALSO READ:

The success of Italian companies in India

Internationalizing your business abroad: strategic choice or opportunity?

Digital export manager (DEM): internationalization in a digital context