São Paulo – Tunisia received investments in 15 new projects in the first half of 2022, totaling TND 2.23 billion (about USD 725 million at the current rate), according to information published this Wednesday (13) by the Tunis Afrique Presse (TAP) news agency, with data from the official Tunisian Investment Authority (TIA).
Investment increased 280% compared to the same period last year. The growth was mainly due to the assets allocated to a cement factory in March, which cost TND 950 million (about USD 308.8 million). The new investments could generate 4,295 jobs in the country.
Most projects are in the industrial sector, but some are in agriculture, renewable energy, services, and tourism. In industry, seven projects generated 3,021 new jobs. The service sector ranked second with three projects and 603 jobs, and renewable energy had two projects implemented in the period, with 68 new jobs.
Among the projects reported, most are totally or partially export-oriented. The majority, nine, include foreign stakes. Of the total reported investments of TND 2.23 billion (USD 725 million), TND 970.5 million (about USD 315.5 million) comes from foreign funds. Investments were made in 12 Tunisian provinces.
Translated by Elúsio Brasileiro
