Posted by: AFRICAN MANAGER

Investments in projects costing more than 5 MTD increased by 36% from 728 MTD in the first five months of 2016 to 990.3 MTD in the same period of 2017.

These projects will allow the creation of 8,148 jobs, compared with 5229 jobs in the first five months of 2016, up 55.8%. This was indicated by the Agency for the Promotion of Industry and Innovation (APII).

It should be noted that projects of 5 MTD and more which represent only 5.1% of the number of projects reported and 28.5% of the number of jobs, account for 55.7% of the total investments reported.

Of the 90 projects (I> 5 MTD) reported during the first five months of 2017, nineteen projects totaled an investment amount of 441.4 MTD, or 44.6% of the total investment (I> 5 MD).

Industrial investments with 100% foreign and in partnership increased from 461.8 MTD in the first five months of 2016 to 386.1 MTD during the same period of 2017, thus posting a decrease of 16.4%.

This decline is due both to 100% foreign projects, whose investment fell from 218.8 MTD to 154.7 MTD in the first five months of 2017 (-29.3%), and to partnership projects whose investments declined by 4.8 % (231.4 MTD versus 243.0 MTD in the first five months of 2016).

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