Foreign Investments in Tunisia Increase by 13.8% in First Half of 2024
Foreign investments in Tunisia have seen a significant surge of 13.8% in the first half of 2024, reaching 1388.9 million dinars (Mtnd), compared to 1220.3 Mtnd during the same period in 2023, according to the Foreign Investment Promotion Agency (FIPA).
This increase is primarily driven by the growth of foreign direct investments (+26.6%), which amount to 1375.3 Mtnd, while portfolio investments have plummeted by 89.9%, representing only 13.6 Mtnd.
The investments have primarily focused on the manufacturing industry sector, with 792 Mtnd, compared to 521 Mtnd in 2023.
The energy sector has attracted 318.2 Mtnd, an increase from the 237.3 Mtnd of the previous year. Agricultural investments have seen a remarkable 300% growth, reaching 11.7 Mtnd, while service sector investments have decreased by 21.9%, amounting to 253.5 Mtnd.
Excluding the energy sector, foreign direct investments (FDI) have financed 610 projects, totaling 1057.2 Mtnd, and created 4820 jobs. More than 52% of these investments are concentrated in the Greater Tunis area, with a predominance in the Tunis governorate (314.9 Mtnd) and the North-East region (278.8 Mtnd).
The breakdown of FDI by country shows that France is the leading investor, with 344.2 Mtnd, followed by Italy (141.3 Mtnd), Germany (115.3 Mtnd), Spain (79.6 Mtnd), and Qatar (72.5 Mtnd).
