Flow of foreign investment up 11.7% till November 2017 (FIPA) | Tunisia News Gazette

Flow of foreign investment up 11.7% till November 2017 (FIPA)

The flow of foreign investment reached 1,789.4 million dinars (MD) at the end of November 2017, that is up by 11.7%, compared to the same period in 2016, according to the balance sheet of foreign investment in the 1st ten months of the current year published Tuesday by the Foreign Investment Promotion Agency (FIPA).

This flow is shared out by means of 1,681.2 MD (+ 8.4%) in foreign direct investment (FDI) and 108.2 MD (+ 114.6%) in portfolio investments.

According to the sectoral distribution of foreign investment, the industry sector has the lion’s share with investment worth 739.2 MD, up 17% over the past year, then that of energy goes to the second place, following a 7% drop, to 730 MD.

Foreign investment in services jumped by 58.9% to 196.3 million, but did not reach the 2014 level (269.5 million).

The agricultural sector registered an improvement of 47.2%, to 15.8 MD, but still does not attract subsequent foreign investments.

Source: TAP News Agency

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