FDI in Tunisia Rises 18%

Foreign direct investment in Tunisia rose 18% in the first quarter of 2017 compared with a year earlier, government figures showed late Monday, Reuters reported. The figure for that period, from January to March, was 450 million Tunisian dinars ($177.68 million), the foreign investment promotion agency said. The manufacturing industry drew most of the investment flow with 144 million dinar, followed by the services sector with 56 million dinar, it said. Tunisia, which this month set up a new investment law, seeks to attract foreign investors after years of stagnation due to strikes and fragile security situation since a 2011 revolution.