The Foreign Investment Promotion Agency (FIPA) revealed an increase of 15.7 per cent in foreign investment to Tunisia during the first three months of the current year, amounting to $280 million (about 851 million Tunisian dinars).
Abdel Basset Al-Ghanmi, the general director of FIPA stated that the "Foreign Direct Investment (FDI) has grown by 16.3 percent and the direct investment of Tunisia has reached 845.9 million Tunisian dinars compared to 727.2 million dinars during the same period last year".
He added: "these investments were distributed on a number of economic activities and an amount of TND 5.2 million headed towards investments in the fiscal portfolio while TND 845.9 million preferred the foreign direct investment. The fiscal portfolio investments, i.e. investment in the stock exchange, recorded a significant decline, with a 37.3 percent decline."
Tunisia aims to attract around TND 3,000 million of foreign investment (about $1 million) by the end of the current year, compared to the 2,800 million Tunisian dinars it managed to attract during the past year.
Source (Asharq Al-Awsat newspaper, Edited)
