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A Belgian Business Delegation visits BOI to forge bilateral and business ties with Mauritius

H.E. Paul Cartier,  Ambassador of the Kingdom of Belgium with residence in Tanzania and accredited to the EAC bloc  in collaboration with the  “Agence Wallonne à l'Exportation et aux Investissements Etrangers” (AWEX) represented by M. Dominique Delattre and Mr. Jean-Pierre Muller, is currently leading a business delegation of  12 Belgian companies to Mauritius from 4th to 7th  March 2017. The delegation comprises around 15 businessmen and investors from various sectors, namely Construction & Environment, Manufacturing, Energy, Biotech  and Healthcare, amongst others.

 

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Technical Workshop on the “Luxembourg Rail Protocol’’

The Board of Investment, in collaboration with The Financial Services Promotion Agency (FSPA), ENS Africa  and selected partners, organized a Technical Workshop on the “Luxembourg Rail Protocol” on Tuesday 7th March 2017 at the Board of Investment.

The Luxembourg Rail Protocol derived from the Cape Town Convention on International Interests in Mobile Equipment aims at standardizing transactions relating to movable property.   The Protocol recognizes the priority of securing and protecting railway rolling stock investors.   

 

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Newsletter February 2017 - Pursuing the Africa Strategy

EDITORIAL

Dear Valued Investors,

Africa’s transformation, rather its evolution, from a continent ridden with internal deficiencies to a seedbed for investments has been remarkable. A few decades ago, this progress would have been deemed impossible. But the determination and the force of character of the Africans decided otherwise.

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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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