Jendouba: 351 MD of private investments over last 7 years | Tunisia News Gazette

Jendouba: 351 MD of private investments over last 7 years

The volume of private investments in the governorate of Jendouba has reached nearly 351 million dinars (MD) from 2011 to September 2017.

The agricultural sector accounted for 115 MD, or 32.7%, according to data published in a report prepared by the Regional Commission for Agricultural Development in Jendouba, a copy of which was received by TAP correspondent.

According to the same report, the manufacturing sector ranked second with 93MD (26.5%), followed by the transport sector with 60MD (17%), and the tourism sector (50.5MD), i.e. 14%. The housing sector mobilised 18.5MD or 5.3% and the craft sector 14.5 MD or 4.1%.

In a statement to the TAP correspondent in the region, the representative of the Regional Commission for Agricultural Development said potato production accounts for about 20% of total domestic production, or 40 thousand tonnes, in addition to 100 thousand tonnes of tomatoes, 92 thousand tonnes of legumes and 5 thousand tonnes of processing crop.

These quantities can boost the pace of investment in case of opening of new processing units, said the official.

For his part, former president of the farmers’ union Leith Ben Bechr estimated that the volume of private investment in the agricultural sector does not reflect the real capabilities of the region.

Referring to the impediments that block agricultural investment in the governorate of Jendouba, the official mentioned the land situation, the lack of bank financing, the deterioration of the situation of basic infrastructure and the weakness of the techniques used in the sector.

Source: TAP News Agency

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