The volume of reported investment in all sectors reached TND 4.5 billion in the first 9 months of 2023, a slight decrease of 5.1% compared with the same period in 2022, according to data published by the Tunisia Investment Authority (TIA). These investments generated 6,367 jobs, an increase of 3.8% compared with the end of September 2022.
These investments led to the creation of 6,367 jobs, representing an increase of 3.8% compared with the end of September 2022. The volume of investment generated by startups is significantly higher than that of expansions, amounting to TND 3.5 billion (80% of the investments reported), which is a positive sign. These investments led to the creation of 4,946 jobs (77% of the jobs created).
In terms of sectoral breakdown, the industrial sector is the most important in terms of reported investments, with a significant share of 55% (2.5 billion dinars). At the same time, it also plays a dominant role in job creation with a share of 53%.
Investments in the agricultural sector are in second place, with a significant investment volume of TND 1 billion and 2,188 new jobs, followed by the services sector (TND 761 million) and the renewable energy sector (TND 120 million).
In terms of geographical distribution, the TIA reported an increase in reported investments in regional development zones to almost TND 2 billion (45% of total declared investments), underlining the commitment to balanced and sustainable economic growth aimed at promoting the development of the country’s strategic regions.
The investments reported in the first nine months of 2023 also reflect a balanced distribution across all governorates and geographical diversification, with the governorate of Sfax leading the way with a significant share of 9.1%, representing an investment amount of TND 413 million.
Source : African Manager