Article from Africa Manager

According to data from the Foreign Investment Promotion Agency (FIPA), the flow of foreign investment has increased by 16.6% in the first quarter of this year, compared to the same period of the previous year.

The amount of these investments stood at 462 million dinars compared to 396.2 million dinars in the first quarter of 2016. These investments are distributed as follows: 450.8 million dinars of foreign direct investment and 11.2 million dinars of portfolio investments.

The energy sector has held the lion’s share of foreign investment with 246.9 million dinars but which, however, represents a 3.6% decrease compared to the first quarter of 2016.

On the other hand, foreign investment in the industrial sector was 144.6 million dinars, up 63.3% compared to the end of March 2016.

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