Tunisia’s Technology, Tourism, Oil Exploration Attract Interest

Published March 18th, 2001 - 02:00 GMT
Al Bawaba
Al Bawaba

By Mourad Teyeb 

Albawaba.com – Tunisia 

 

Value added manufacturing in Tunisia rose by 5.8 percent during 2000, and the sector accounted for 13.6 percent of total investment, official sources have said. 

The sector also accounted for 39 percent of total exports, with 30 percent of employment creation and 23.2 percent of GDP. Investment in the sector grew 10.3 percent. 

The energy sector value-added increased by 1.6 percent in the same period, with the sector representing 10 percent of total investment. It contributed about 6 percent of total exports, and 6.1 percent of GDP. 

Sectoral investment increased by 36 percent, with half the increase generated by the electricity sub-sector, and three of the nine oil wells drilled during 2000 yielded encouraging indications, the officials added. 

Six new licence applications are under study, and officials are predicting the drilling of 12 new wells this year, while investments stood at 120 million dinar (1 USD = D1.5) as compared to 90 million dinar in 2000. 

The number of tourist increased by 4.7 percent to 5.06 million in 2000, including 1.01 million Germans and 998,000 French. 

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