Foreign direct investment in Tunisia on the rise

According to statistics from the Foreign Investment Promotion Agency, the flow of investments attracted from Tunisia during the 4 first months of 2010 reached €306 million, compared to €291 million in the same period of the previous year, registering 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.

Investment in Tunisia is also geared toward: industry (€72 million), services and other sectors (€32 million), tourism and real estate (€30 million).

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

At the industrial level, electrical and electronic industries attracted the largest amount of foreign investment, with about 14.5 million euros from 19 projects; mechanical industries come in second, with an investment of 12 million euros in 27 projects; third is the textile sector, which made an investment of about 11 million euros with 44 projects.

Source: ICE TUNISI

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