Flow of foreign investments up by 12.8% (FIPA) | Tunisia News Gazette

Flow of foreign investments up by 12.8% (FIPA)

The flow of foreign investments edged up by 12.8% at the end of 2017, reaching 2,244.4 million dinars (MD) shared out by means of 2,128.2MD (+11.9%) in foreign direct investment (FDI) and 116.2MD (+32.3%) in portfolio, according to the foreign investment balance sheet published by the Foreign Investment Promotion Agency (FIPA).

According to the sector-based distribution of foreign investments, the industry sector increased by 21.6%, reaching 974.3MD in 2017, up by 72.2% and 114.5% compared to 2015 and 2014, respectively.

Foreign investments in the services sector climbed by 13% to 318.3MD compared to 2016, down by 24.5% compared to 2015 and by 29.7% compared to 2014.

On the other hand, foreign investments in the energy sector failed to record a noteworthy improvement as their progress did not exceed 1.7% (810MD), dropping by 16.5% and by 9.2% compared to 2015 and 2014, respectively.

The foreign investments in the agricultural sector were up by 16.6% to 25.6MD in 2017, compared to 2016, yet remained low compared to their potential and offered opportunities.

Source: TAP News Agency

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