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Tunisia: Investment in services reach $252m in nine months of 2021

A man retrieves cash from an ATM in the capital Tunis, Tunisia. AFP.
  • The investments will be mobilized under 6,464 projects and will create 22,053 new jobs.
  • Services directed to the local market (96 percent of overall investment declarations) saw a 3.1 percent increase.

Tunisia has witnessed an investment of 713.4 million dinars ($252 million) in service activities during the first nine months of 2021, nearly the same level as in 2020.

According to data recently published by the Agency for the Promotion of Industry and Innovation (APII), these investments will be mobilized under 6464 projects and will create 22053 new jobs.

Services directed to the local market (96 percent of overall investment declarations) saw a 3.1 percent increase, to 681 million dinars, at the end of September 2021, while investments reported in activities of fully exporting services have declined by 43.7 percent, to 31.8 MD.

These projects account for only 4 percent of the overall investments reported. Similarly, investments with foreign holding in service activities account for only 6 percent of the total investments reported at the end of September 2021.

The eastern region of the country received 87 percent of investments reported in the service activities.