Foreign direct investments in Tunisia are on the rise

According to the statistics of the Agency for the Promotion of Foreign Investments, the flow of investments attracted by Tunisia during the first 4 months of 2010 reached 306 million euros, against the 291 million euros of the same period of the previous year, registering a 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 oriented towards: industry (€72 million), services and other sectors (€32 million), tourism and real estate (€30 million).

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

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

Source: ICE TUNIS

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