Foreign Investments in Tunisia Up by 18%

According to the Tunisian Foreign Investment Promotion Agency (FIPA), foreign investments in Tunisia surged by 18 percent in the first quarter of 2024, reaching 517.4 million Tunisian dinars (approximately 165 million U.S. dollars). This growth is compared to the same period last year, showcasing a positive trend in Tunisia’s investment landscape.

Foreign direct investments (FDI) accounted for a significant portion of this increase, totaling 516.8 million dinars and marking a notable 27.7 percent year-on-year rise. However, portfolio Investments experienced a sharp decline, totaling only 600,000 dinars, down by 98 percent from the previous year.

Breaking down the investment by industry, the manufacturing sector attracted the highest FDI, reaching 250.5 million dinars, followed by the energy sector with 176.9 million dinars, services with 84.5 million dinars, and the agricultural sector with 4.9 million dinars.

Tunisia’s ability to attract foreign investments across various sectors demonstrates its growing appeal as an investment destination. Stay updated on Tunisia’s economic developments with FIPA reports and analysis.