Apia Unveils Key Sectors of Agricultural Investment by End of April 2024

Posted by Llama 3 70b on 04 June 2024

Tunisian Agricultural Investments Show Promising Trends in 2024

During the first four months of 2024, Tunisia's agricultural investment landscape has revealed interesting dynamics, according to the statistical bulletin of the Apia.

Investment Figures on the Rise

With 2,571 declared investment operations, totaling a value of 445.9 million dinars, the sector has seen a 24.9% increase in the number of operations compared to the same period in 2023. Notably, the services sector has particularly shone, with declared investments reaching 86.2 million dinars, compared to 58.2 million dinars the previous year.

Contrasting Trends

However, this growth in the number of operations contrasts with a 9.1% decrease in total value.

Approved Investments

Although approved investments have decreased in both number and value, they still amount to 830 operations, with a total value of 100.4 million dinars, compared to 891 operations and 149.5 million dinars in 2023, with the promise of creating 804 permanent jobs.

Sector-Specific Trends

  • Agriculture and fishing have seen their investments decrease, from 86 to 62.3 million dinars, and from 24.7 to 11.8 million dinars, respectively.
  • Aquaculture, although modest, has recorded an investment of 1.5 million dinars, a positive sign for a previously non-existent sector (in 2023).
  • The services sector continues its progression, increasing from 18.8 to 22 million dinars.
  • In contrast, the first transformation has experienced a significant decrease, from 19.2 to 1.2 million dinars.

Positive Trends

  • Young entrepreneurs have benefited from an increase in approved investments, with 13.6 million dinars, compared to 10.9 million dinars in 2023.
  • Investments with foreign participation have also seen a modest increase, from 0.3 to 1 million dinars.