Reported investments in the industrial sector fell slightly by 1.1% during the first eleven months of 2023, compared with the same period in 2022, to TND 2,147.3 million, according to the November 2023 economic outlook published by the APII on Thursday.

The number of reported projects reached 2,719, compared with 2,721 in the same period last year. These projects will generate 40,574 jobs.

The sectors in which reported investments increased were mainly those of building materials, ceramics and glass (+36.5%), chemicals (+28.4%), textiles and clothing (+7.3%) and miscellaneous (+16.6%).

The APII also pointed out that 47% of investment intentions were for business creation projects, which will fell from TND 1,075.5 million to TND 1,008.7 million between 2022 and 2023.

Investments reported within the framework of projects of expansion, renewal of material…, developed by 3.9% to TND 1,138.6 million. The number of projects of this type increased by 5.8% and the related jobs reached 18,739.

Declarations in
the totally exporting industries decreased from TND 1,036.2 million to TND 948.9 million. Those in local market oriented industries increased by 5.5% to TND 1,198.4 million. Thus, 56% of the reported investments concern projects that are not fully export-oriented.

Total foreign and partnership industrial investment reached TND 440.8 million, while investment intentions in regional development zones increased by 5.9% to TND 1,099.4 million.
Source: Agence Tunis Afrique Presse