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The foreign investment flow edged down by 10.1% to 1,683.4 million Tunisian dinars (MTD) in the first 10 months of 2016, compared to the same period in 2015 (1,872.2 MTD), with a 47.6% drop in services, according to the last statistics of the Foreign Investment Promotion Agency (FIPA).
These investments are shared out between 1,632.9 MTD of foreign direct investments (FDI) (+8% compared to 2015) and 50.4 MTD of investment in portfolio (-86% compared to 2015).
It appears from the analysis of the sector distribution of FDI, that the energy sector accounts for over the half of these investments (890 MTD), which represents a 9.8% rise compared with 2015, followed by the industry sector (609.7 MTD) up by 33.4% compared to last year.
The investments reserved to the services sector reached 123.6 MTD at the end of October 2016, i.e. a 49.1% fall compared to 2015. Investments in the agricultural sector edged up by 9.3%, to 9.7 MTD, compared to 2015.
However, the outlook is promising for the country which expects a net improvement in the volume of foreign investments by the end of the current year, following the organisation of the international investment conference “Tunisia 2020” November 29-30 in Tunis, that helped raise 34 billion Tunisian dinars, 15 billion dinars among them in the form of concluded agreements and 19 billion dinars in the form of financial commitments.
© Tunis-Afrique Presse 2016
