According to the Tunisian Investment Authority (TIA), declared investments increased by 14.9% to 1,806 million dinars (MDT) in the 1st quarter of 2024, compared to the same period of 2023.
These investments, once realized, will help create 23,736 jobs in various economic sectors, a slight decrease of 5.7%.
Investments declared in start-up operations exceeded those in extension projects, reaching 1,526.6 MTD, or 85% of all declared investments.
The number of jobs to be created thanks to the start-up operations would amount to 20,394, representing 86% of the new jobs, well exceeding those resulting from the extensions.
The industrial sector continues to dominate in terms of investment intentions, amounting to 845.2 MTD (46.8% of all declared investments). It also occupies an important place in terms of job creation, with 10,000 expected, or 42.4% of the total number of jobs to be created.
A detailed analysis of investment intentions in the industrial sector shows that the agri-food industries come in first position, with a 34% share of declared industrial investments, followed by mechanical and electrical industries (20%).
Investment in the agricultural sector comes in second position with a considerable volume of 351.9 MTD, or 19.5% of declared investments, expected to generate 3,571 jobs (15% of declared jobs).
Investment in the services sector comes in third position, with a volume of 332.6 MTD, or 18.4% of declared investments, expected to create 10,044 jobs (42.3% of the total).
Projects of national interest (PIN) represent 26% of the overall volume of investments declared during the first three months of 2024. This would represent a substantial cumulative amount of 467.4 MTD and would lead to the creation of 1,259 jobs.
Among the investments declared in the 1st quarter of 2024, 26% involve foreign participation, with an investment volume of 463 MTD (3,828 expected jobs, or 16% of declared jobs).
