International investments in Tunisia reached the amount of 1,388.9 MTND* at the end of the first half of 2024, according to a report made public in mid-August by FIPA Tunisia. Compared to the last three years, these investments recorded variations of +13.8% compared to 2023, +34.2% compared to 2022 and +42.0% compared to 2021.

The flow of non-energy FDI recorded during the first half of 2024 made it possible to carry out 610 investment operations with a total value of 1,057.2 MTND, creating 4,820 new jobs.

Among these investment projects:

• 34 (6%) are related to creation projects worth 77.2 MTND (7%) allowing the creation of 783 (16%) new job positions, and
• 576 (94%) are related to extension projects worth 980.0 MTND (93%) which made it possible to create 4,037 (84%) new job positions.

The distribution of incoming flows by country-of-origin places France in first position with 344.2MTND, or more than 32% of total FDI excluding energy. Italy is in second position with 141.3MTND, Germany third with 115.3MTND, Spain fourth with 79.6MTND and Qatar in fifth position with 72.5MTND.

• 1TND = 0.30 euro as of 8/16/2024
• 1TND = 0.32 US dollars as of 8/16/2024

In order to attract more foreign direct investment to Tunisia, FIPA had the honor of welcoming Ms. Maiko Miyake, Regional Director of consulting services and entrepreneurship support at the International Finance Corporation (IFC) office, accompanied by Mr. Mehdi El Batti, Operations Manager, to discuss the business climate improvement project in its 2nd phase.

During this meeting, which took place on December 1, 2023, several points were raised related to the attractiveness of the Tunisian industrial site and the upward trend in drained investments, a sign of confidence of foreign companies in the national business environment.

In this context, IFC officials recalled their predisposition to continue to support the Tunisian ecosystem in order to consolidate the efforts aimed at attracting more foreign companies through, among other things, the continuation of ongoing economic reforms.

In addition, certain specific actions were on the agenda of the fruitful exchanges carried out during the meeting, including in particular the events that will be (co)organized by FIPA, such as the 4th Edition of the Aerospace Meetings Tunisia 2024 scheduled for April 22-24, 2024 in Tunis or the Tunisia Investment Forum scheduled for mid-June 2024.

The IFC, which is one of FIPA’s long-standing partners, stressed its keen interest in actively participating

the organization of these events in order to contribute to their success and guarantee greater visibility for the Tunisia site.

Technological innovation and green entrepreneurship in Tunisia” was the topic of the Side Event held on December 2, 2023 at the Espace de la Francophonie at COP28,

organized by the Ministry of the Environment-Tunisia, GIZ Tunisia, FIPA-Tunisia and CITET Tunisia.

The event was inaugurated by the Tunisian Minister of the Environment, Ms. Leila Chikhaoui, through a video that highlighted the importance of innovation in the fight against climate change. Institutional presentations were held to demonstrate the efforts undertaken by Tunisia for sustainable development and the fight against climate change and were followed by presentations by representatives of start-ups among the most innovative in Tunisia in terms of the fight against climate change.

For her part, the Representative of FIPA emphasized the role of the Agency, the investment opportunities in Tunisia and the contribution of FIPA in sustainable development and environmental protection through wealth creation, employment and regional development on the one hand and the attraction of FDI in sectors with high added value and the environment on the other hand. For its part, FIPA-Tunisia will continue its efforts to promote FDI in Tunisia with a particular focus on the environmental sector.

FIPA-Tunisia actively contributed with all the parties in the selection of Tunisian startups that participated and gave an excellent impression on their innovative solutions in terms of respect for the environment and the fight against climate change.