Tunisia suffers as investors turn wary after revolution - The National

Foreign direct investment in Tunisia fell by nearly 30 per cent last year as the country's revolution and the debt crisis engulfing nearby Europe kept investors away.

During the year, foreign direct investment reached US$1.1 billion (Dh4.04bn), 29.7 per cent down from the year before, said the country's Foreign Investment Promotion Agency yesterday.

"The political transition in Tunisia is creating a lack of certainty that's holding back investors. There's a wait-and-see attitude on the part of domestic and foreign investors," said Mohamed Lahouel, a Tunisian national and the chief economist at the Dubai Department of Economic Development.

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