Private agricultural investments, approved until end April 2021, reached 1063 operations worth 117.9 MD, against 709 investment operations worth 93 MD during the same period of 2020, up 49.9% in number and 26.8% in value, according to the latest statistics of the Agency for the Promotion of Agricultural Investment (APIA).
The investments, which received 41.2 MD in subsidies, or 34.9% of the volume of the approved investment, will generate 1031 permanent jobs.
Investments in arboriculture went up 78.9%. Investments related to olive plantation amounted to 27.6 MD, against 16.9 MD during the same period of 2020.
Approved Investments for young entrepreneurs and women increased by 5.2% and 26.1%, respectively.
The development of investments in renewable energies continued with 47 investment operations approved including photovoltaic components for a value of 5.6 MD investments.
Investments approved in the coastal fishing activity grew to a value of 1.6 MD, after standing at 38.6 thousand dinars during the same period of 2020.
Investments in the agricultural services sector went up 69.9%. This development mainly concerns the activities of refrigerated transport, milk collection, drilling services of wells and water prospecting.
On the other hand, investments in the aquaculture sector decreased, (limited to the approval of 3 operations of breeding in floating cages in the governorate of Monastir).
Those in the primary processing sector also fell by 72% (limited to the approval of 7 operations worth 3 MD). The absence of investments with foreign participation continued.
According to the APIA, about 2,551 investment transactions worth 499.6 MD were reported during the first four months of 2021, against 1,635 operations worth 271.7 MD, during the first four months of 2020, up 56% in number and 83.9% in value.
Source: TAP News Agency