Investment reported in the manufacturing sector increased 6.3% in January 2023, compared to January 2022. It reached 131.1 million dinars (MD), according to the “Tunisian Industrial Scoreboard” published by the Agency for the Promotion of Industry and Innovation (APII) Wednesday.
According to the APII, 315 projects were reported in January 2023 compared to 254 projects in the same month last year, up 24%. These projects will create 3548 jobs.
The sectors with higher reported investment are the food industry (+229.1%), the building materials, ceramics and glass industry (+177.8%), the chemical industry (+200%) and the textile and clothing industry (+11.5%).
On the other hand, investment reported in other sectors decreased compared to January 2022. These decreases mainly concern the mechanical and electronic industries (-50.4%), the leather and footwear industries (-94.7%) and the miscellaneous industries (-70.6%).
It should be noted that 43% of the investment reported in January 2023 is within the framework of creation projects, which went from 51.3 MD in January 2022 to 55.8 MD in January 2023, up 8.8%.
The investment reported in projects of expansion, renewal of equipment and others reached 75.3 MD, with an increase of 4.6% compared to January 2022.
Investments reported in fully exporting industries decreased by 37.4% to 36.2 MD in January, 2023. On the other hand, industries whose production is oriented towards the local market grew by 45.1%, to 94.9 MD.
Investments related to projects whose cost is higher than 5 MD went up 75.6% and reached 61.1 MD.
100% foreign and in partnership Manufacturing investment have risen by 3.9% to 42.3 MD. This rise is the result of the 390.5% increase in partnership investment.
The month of January of 2023 also saw decrease of 54.6% in the investment reported in regional development zones, which fell to 27.4 MD.
Source: Agence Tunis Afrique Presse