• Foreign investment in Tunisia rose 30.3% in 2025 to about $1.2 billion
• Manufacturing, services, energy, and agriculture drew the most capital
• Reforms and incentives aim to sustain growth despite ongoing challenges

Foreign investment in Tunisia reached 3.572 billion Tunisian dinars, or about $1.2 billion, by the end of 2025, marking a 30.3% increase from the previous year, according to Jalel Tebib, head of the Foreign Investment Promotion Agency (FIPA).

In an interview with state news agency TAP on March 20, Tebib said foreign direct investment (FDI) rose 30.1% year over year to 3.506 billion dinars, while portfolio investment totaled 65.6 million dinars. The strongest inflows went into manufacturing, services, energy, and agriculture.

Outside the energy sector, FDI flows in 2025 supported 921 investment projects worth a combined 2.935 billion dinars, creating 14,085 new jobs, Tebib said.

France ranked as the top foreign investor in Tunisia outside the energy sector, followed by Germany, Italy, the Netherlands, and the United States. Tebib said the continued rise in foreign investment reflects Tunisia’s growing appeal as an investment destination.

Reforms Target Investment Climate

In recent years, Tunisia has rolled out a series of measures aimed at boosting FDI and strengthening its business environment. These efforts focus on building investor confidence and directing capital toward higher value-added sectors with economic, social, and environmental impact.

New incentives introduced in 2024 aim to ease investment barriers, particularly those tied to complex administrative procedures. The reforms also target infrastructure upgrades, faster processing times, streamlined and digitized services for investors, greater transparency, and improved monitoring of investment indicators across sectors and regions.

The government has also launched a national strategy to improve the business climate for 2026–2030, with a focus on digitalization, easier access to financing, and better investor services.

Despite these gains, challenges remain. Investment continues to be concentrated in coastal regions, although some momentum began to build in inland areas in 2025. Tunisia also faces constraints related to access to IMF financing.

FIPA expects total foreign investment to reach four billion dinars in 2026.

Lydie Mobio