Tunisia investments down
In terms of regional development intended investments dropt 13.9% in the first 7 months of 2012reaching 954.5 million Tunisian Dinars (TD) as against 1,108.7 million TD in the same period in 2011 according to the Agency for Promotion of Industry and Innovation (APII).
Source : https://www.marocafrik.com/english/Tunisia-investm...
The decline was due to a drop of intended investments for Sfax and Jendouba which has seen unrest and demonstrations this year.
Tunisia’s reported investments in the industrial sector fell 2.6% in the first seven months of 2012, reaching 1,924.8 million dinars (MTD), compared with the 1,976.2 MTD of the same period last year.
The number of declared projects amounted to 2,506, during the first seven months of 2012, against 2,276 projects in the same period of 2011, i.e., a rise by 10.1%, reads the July 2012 issue of the APII newsletter.
According to the same source, these projects will generate 43,828 jobs, compared with 50,165 jobs created in the first seven months of 2011, down 12.6%.
Other sectors such as leather footwear saw a rise of 372.4% and food following the opening of plants for export production.The building materials, ceramics and glass sectors went up by 1.2% with the creation of a brick plant worth 43 MTD by means of a joint capital.
Chemical industries,mechanical and electrical industries textiles and garments all saw a fall in investments.
These have been traditional components of Tunisian exports and have been hit by the eurozone financial crisis and the global economic downturn.
Tunisia’s reported investments in the industrial sector fell 2.6% in the first seven months of 2012, reaching 1,924.8 million dinars (MTD), compared with the 1,976.2 MTD of the same period last year.
The number of declared projects amounted to 2,506, during the first seven months of 2012, against 2,276 projects in the same period of 2011, i.e., a rise by 10.1%, reads the July 2012 issue of the APII newsletter.
According to the same source, these projects will generate 43,828 jobs, compared with 50,165 jobs created in the first seven months of 2011, down 12.6%.
Other sectors such as leather footwear saw a rise of 372.4% and food following the opening of plants for export production.The building materials, ceramics and glass sectors went up by 1.2% with the creation of a brick plant worth 43 MTD by means of a joint capital.
Chemical industries,mechanical and electrical industries textiles and garments all saw a fall in investments.
These have been traditional components of Tunisian exports and have been hit by the eurozone financial crisis and the global economic downturn.
Source : https://www.marocafrik.com/english/Tunisia-investm...