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The Ministry of Investment & International Cooperation of Tunisia revealed that the growth of foreign direct investment in the country during the 1st trimester of this year was by 17.7% compared to the same period of 2017.
"The results achieved reflect the stability of the investment climate," said Hatem Al Soussi, Director of the Foreign Investors' Investment Unit in Tunis, expecting an increase with the investment flow during the rest of the year.
He also pointed out that "foreign direct investments are progressing on portfolio investments that did not exceed 69 million dinars, or about 26.5 million dollars compared to 1072.8 million dinars for the rest of the investments, equivalent to 412.3 million dollars."
The reason for the improvement in foreign direct investments compared to the same period last year, is the climate of confidence that the Tunisian authorities seek to spread to investors, either through changing legislation or tracking corrupt ones, as well as issuing decisions that limit administrative disruptions.
The majority of the investments injected during the first six months of this year are the expansion of previous large projects in the sectors of electronics and mechanics, especially the components of cars and other expansions in the aircraft installation sector.