São Paulo – The flow of international investments posted a year-on-year increase of 15.2% in Tunisia in the first quarter of 2023, to DT 686.4 million (USD 224.8 million), the TAP state news agency reported on Wednesday (3) based on data from the Foreign Investment Promotion Agency (FIPA).
Out of these, DT 652.9 million (USD 213.8 million) were foreign direct investment (FDI), up 10.2% in Q1 from a year earlier.
Portfolio investment, which includes stocks, bonds and other financial assets, recorded a variation of 917% compared to the same period of the previous year, to DT 33.6 million (USD 10.8 million), and this after the increase in the capital of the of paper and cardboard company Sotipapier.
Most sectors recorded growth, with the exception of the energy sector, which experienced a decline in the last period due to the almost total halt in the granting of permits. The agricultural sector attracted low investments, too, while services posted the highest increase.
Translated by Guilherme Miranda
