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Tunisia’s foreign investments up 19% to October

Staff writer |
Tunisia received TND 1.865 billion ($902 million) in foreign investments from January to October, according to the Foreign Investment Promotion Agency (Fipa).

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That was an increase of 19.1% over the same period of last year. From this total, TND 1.505 billion ($728 million) are foreign direct investments (FDI), which increased 5.5% over the first ten months of 2014.

The other TND 360 million ($174 million) are portfolio investments, that is, investments made by foreigners in the financial and capital markets of the country. In the latter, there was an increase of 157.5% in the same comparison.

The energy sector received the most FDI. In all, TND 860 million ($416 million) were invested, an increase of 12.1% over the January to October period of last year.

The industry sector was next with TND 404.2 million ($195.5 million), an increase of 6%. Agriculture attracted only TND 9.1 million ($4.4 million), with an increase of 47.9%.

In contrast, investments in the services sector declined 14.7% and stood at TND 231.8 million ($112 million).

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