HomeNewsTunisia: private agricultural investments increase by 15.4%

Tunisia: private agricultural investments increase by 15.4%

The agricultural investments approved by the Agricultural Investment Promotion Agency (APIA) reached 4,633 operations worth 579.5 million dinars (MD) in the first eleven months of 2018, up 15.4% in volume and 5.5% in value, against 4,016 operations (549.1 MD) in the same period last year.

According to data published on its website, the agency points out that the approved agricultural investments reached 409.1 MD at the end of November, up 1.9% compared to 2017.

21 MD went to investments in the fisheries sector, against 34.3 MD in 2017, i.e. down 37.3%, the same source specifies.

Likewise, investments in aquaculture dropped by 90.3% to 1.1 MD by the end of November 2018, against 11.4 MD in 2017.

The investments approved in the services sector rose by 36.3% to 92.7 MD against 68 MD in 2018.

The APIA also approved investments in the primary transformation sector worth 55.1 MD by the end of November 2018 against 33.9 MD in 2017, i.e. up 62.5%.

The land credits approved by the benefit-granting commission up to November 2018 stand at 10.256 MD, shared out between 76 credits against 7.155 MD during the same period in 2017, covering 63 credits only.

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