Reported investments in industrial sector rise 11.8% in last 10 months | Tunisia News Gazette

Reported investments in industrial sector rise 11.8% in last 10 months

Reported investments in the industrial sector edged up by 11.8%, in the 1st ten months of 2017, compared to the same period in 2016, reaching 2,950.5 million dinars (MD), according to the Agency for the Promotion of Industry and Innovation (APII).

The number of reported projects reached 3,042 in 1st ten months of 2017, an increase of 2.1%, helping create 47,474 jobs, compared to 43,775 jobs in the same period last year, up by 8.5%.

The mechanical and electrical industries sector recorded a 18.4% growth in investment intentions to 637.1 MD, while the construction materials, ceramics and glass industries registered an increase of 37.9% with reported investments of 509.8 MD.

Reported investments in the miscellaneous industries sector also increased by 31.4% (451.1 MD) and in the textile and clothing industries by 8.9%, to 117.9 MD.

However, the chemical industry sector posted a decline of 15.1% with reported investments of 212.8MD in the 1st ten months of 2017, while reported investments in the agro-food sector decreased by 0.7% (101.3 MD) and investment intentions in the leather and footwear industries declined by 13.1% (8.6 MD).

Reported investments in the fully exporting industries dropped by 26.5% to 622.6 MD during the same period, and the industries oriented to local markets by 29.8% to 2,327.7 MD.

Investments in projects costing more than 5 MD climbed up by 11.4% to 1,699.1 MD, helping create 11,063 jobs (18.1%).

The projects of 5 MD and more which represent only 4.4% of the number of reported projects and 23.3% of the number of jobs, account for 57.6% of all reported investments.

A hundred percent of foreign investments and partnerships fell by 25.4% to 632.9 MD, as a result to the decrease recorded for the 100% foreign projects whose investments reached 185.7 MD (-61.1 %).

On the other hand, partnership projects edged up by 20.7% (447.2 MD against 370.4 MD in the 1st ten months of 2016).

Reported investments in the regional development areas increased by 5.2% to 1,363.7 MD. The share of these areas in all governorates fell from 49.1% to 46.2% in the 1st ten months of 2017.

Source: TAP News Agency

President Beji Caid Essebsi met on Friday at Carthage Palace with Defence Minister Abdelkarim Zbidi.The
Al-Jomhouri Party Secretary-General and leader of the Civil Union Issam Chebbi on Friday called for
The decision to extend or not the term of the Truth and Dignity Commission (French:
President Beji Caid Essebsi met on Friday at Carthage Palace with Defence Minister Abdelkarim Zbidi.The
Pakistan's Foreign Affairs Minister Khawaja Muhammad Asif is paying a two-day working visit to Tunisia

Reported investments in industrial sector rise 11.8% in last 10 months

Reported investments in the industrial sector edged up by 11.8%, in the 1st ten months of 2017, compared to the same period in 2016, reaching 2,950.5 million dinars (MD), according to the Agency for the Promotion of Industry and Innovation (APII).

The number of reported projects reached 3,042 in 1st ten months of 2017, an increase of 2.1%, helping create 47,474 jobs, compared to 43,775 jobs in the same period last year, up by 8.5%.

The mechanical and electrical industries sector recorded a 18.4% growth in investment intentions to 637.1 MD, while the construction materials, ceramics and glass industries registered an increase of 37.9% with reported investments of 509.8 MD.

Reported investments in the miscellaneous industries sector also increased by 31.4% (451.1 MD) and in the textile and clothing industries by 8.9%, to 117.9 MD.

However, the chemical industry sector posted a decline of 15.1% with reported investments of 212.8MD in the 1st ten months of 2017, while reported investments in the agro-food sector decreased by 0.7% (101.3 MD) and investment intentions in the leather and footwear industries declined by 13.1% (8.6 MD).

Reported investments in the fully exporting industries dropped by 26.5% to 622.6 MD during the same period, and the industries oriented to local markets by 29.8% to 2,327.7 MD.

Investments in projects costing more than 5 MD climbed up by 11.4% to 1,699.1 MD, helping create 11,063 jobs (18.1%).

The projects of 5 MD and more which represent only 4.4% of the number of reported projects and 23.3% of the number of jobs, account for 57.6% of all reported investments.

A hundred percent of foreign investments and partnerships fell by 25.4% to 632.9 MD, as a result to the decrease recorded for the 100% foreign projects whose investments reached 185.7 MD (-61.1 %).

On the other hand, partnership projects edged up by 20.7% (447.2 MD against 370.4 MD in the 1st ten months of 2016).

Reported investments in the regional development areas increased by 5.2% to 1,363.7 MD. The share of these areas in all governorates fell from 49.1% to 46.2% in the 1st ten months of 2017.

Source: TAP News Agency

President Beji Caid Essebsi met on Friday at Carthage Palace with Defence Minister Abdelkarim Zbidi.The
Al-Jomhouri Party Secretary-General and leader of the Civil Union Issam Chebbi on Friday called for
The decision to extend or not the term of the Truth and Dignity Commission (French:
President Beji Caid Essebsi met on Friday at Carthage Palace with Defence Minister Abdelkarim Zbidi.The
Pakistan's Foreign Affairs Minister Khawaja Muhammad Asif is paying a two-day working visit to Tunisia