Tunisia: Foreign direct investments slump 9.4% in 2016 to $941M
(Ecofin Agency) - Foreign direct investment in Tunisia stood at 2.14 billion dinar ($914 million) in 2016, down 9.4% as compared to 2015. This was revealed by a review released on February 16 by the Foreign Investment Promotion Agency (FIPA).
The power sector grabbed the largest part of the FDIs, knowingly 960.3 million dinars. Next come the industry (794.5 million dinar), services (281.7 million dinar) and agriculture sectors (20.8 million dinar).
Let’s recall that some States, private investors and multilateral financial institutions committed to inject 34 billion dinars ($14.8 billion) in Tunisia’s economy in the form of investment, loans and grants on the sidelines of an investor conference held last November.