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Strengthening economic ties between Mauritius and Mozambique​

The Board of Investment, in collaboration with Air Mauritius and the Financial Services Promotion Agency, organized a roadshow in Maputo, Mozambique, from 22nd to 24th February 2017.  In this context, BOI led a delegation of prominent Mauritian entrepreneurs from key growth sectors such as the financial services sector, ICT, the film industry and the construction sector to Mozambique.  This initiative is in line with BOI`s strategy to promote outward investment and enhance the position of Mauritius as the hub for Africa.

 

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Mauritius leads Sub-Saharan Africa in the 2017 Index of Economic Freedom

Mauritius has sustained its first position as a “mostly free” economy in Sub-Saharan Africa and has been ranked 21st globally in the 23rd edition of the Index of Economic Freedom published by the Heritage Foundation.  The report highlights that two countries, namely Mauritius and the United Kingdom recorded no change in score while 73  countries experienced declines in economic freedom. The US-based think tank has also credited Mauritius for its efficient and transparent regulatory environment which supports relatively broad-based economic development, and its competitive tax rates and a fairly flexible labor code which facilitates private-sector growth. 

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Expression of Interest: Riche Terre Business & Industrial Park

The Riche Terre Business & Industrial Park is being comprehensively designed and planned by the Government of Mauritius on 325 arpents of State Land situated at Riche Terre. This zone, already serviced with electricity, water and sewer, is meant to cater for industrial and port-related logistics activities. 

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The State of Nation Speech – Promoting Inclusive Growth and Unity within the Republic of South Africa

President Jacob Zuma presented the State of the Nation (SoNA) address to the South African people on 8th February 2017. The objective of SoNA is to provide a status of the current economic situation in South Africa, with milestones regarding the achievements of the Government during 2016 as well as all forthcoming actions to foster social development and economic growth in the country. It also heralds the theme and objective of the forthcoming budget which is expected by the end of February 2017.

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A high-level delegation from the China Africa Development Fund (CADF) visits BOI for discussions on avenues of cooperation & development

The Board of Investment welcomed a high-level delegation from the China Africa Development Fund, led by the fund’s Chairman, Mr. Chi Jianxin, for a meeting yesterday 14th February 2017. The delegation comprised the following members:

 

-          Mr Yu Qing, Head of Mining Investment Department

-          Mr. Hou Linfeng, Head of Marketing & Consulting Department

-          Ms. Zhang Jin, Head of Southern Africa Investment Department

-          Mr. Yang Zhong, Deputy Head of Manufacturing Investment Department

-          Mr. Wang Zaijing, Board Chairman of Tianli Spinning (Mauritius) Co Ltd

 

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India Union Budget 2017 embraces and promises a full-fledged transparency reform agenda

The much-anticipated Union Budget 2017-2018 (post demonetization) was presented by Sri Arun Jaitley, Minister of Finance, Republic of India on 1st February 2017 amidst a context of uncertainty prevailing across the world.

The Budget Speech sets out the Indian Government`s agenda to strengthen the financial services sector  by introducing policy and tax reforms  to ensure transparency and to push for stable and stronger institutions while considering further liberalization in FDI.

 

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Newsletter January 2017 - Building a new ecosystem by leveraging innovative technologies

Dear Valued Investors,

Welcome to the first edition of BOI’s newsletter for the year.

We all, at the beginning of a new year, devise smart strategies to achieve the targets that we set. Invariably, the objective is continuous improvement. This analogy can be applied to our economy and our quest to continuously boost our productive capacity. This inevitably will result from harnessing the disruptive trends in technology that are changing the world today. 

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