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News

Record level of FDI for the first semester of 2017

Latest figures published by the Bank of Mauritius show that FDI inflows into Mauritius are estimated at MUR 9,724 billion for the first semester of 2017, compared with MUR 7,960 billion for the corresponding period in 2016, representing an increase of 22.2%.

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Newsletter August 2017 - Improving our productive capacity

Dear Investors,

After almost a decade of erratic progress in the wake of the 2007/08 economic debacle, the global economy seems to be reconnecting with a mode of relatively sustainable growth. Bloomberg for instance, through a consensus-based study, infers that global gross domestic product is expected to grow by 3.4 % in 2017 and 3.5 % in 2018...

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Mauritius Macadamia Nut project

As part of its strategy to further diversify the non-sugar sector the national budget 2017 / 2018 announced the introduction of Macadamia cultivation as an export oriented product.  The Food and Agricultural Research & Extension Institute (FAREI) is working in collaboration with DALE Capital Group Ltd for the implementation of this project facilitated by the Board of Investment.

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Consultative Mission of the African Minerals Development Centre in Mauritius for the setting up of a Regional Centre of Excellence for the Blue Economy

The Board of Investment (BOI) is currently facilitating an inward consultative mission for a delegation led by the African Minerals Development Centre (AMDC) from 23rd to 25th August 2017. The main objective of the mission is to gauge the interest of relevant stakeholders on the establishment of a Centre of Excellence for the Blue Economy in the Indian Ocean region. 

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The OECD Global Forum rates Mauritius as a “Compliant” jurisdiction

Mauritius has been  rated by as “compliant” jurisdiction according to the latest OECD Global Forum on Transparency and Exchange of Information for Tax Purposes published on Tuesday 22nd August 2017.

The Global Forum on Transparency and Exchange of Information for Tax Purposes (the Global Forum) published the first 10 outcomes of a new and enhanced peer review process aimed at assessing compliance with international standards for the exchange of information on request between tax authorities.

 

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A delegation from Harvard Kennedy School visits the Board of Investment

The Board of Investment welcomed a 25-member strong delegation from the Harvard Kennedy School Alumni Association (HKSAA) MPA on Friday 18th August 2017.  The delegation comprised high-level government advisors, team leaders from the World Bank and CEOs of reputed businesses from across several countries including Canada, Austria, Italy, China, India, Argentina, El Salvador, USA, Israel, Germany, Zambia, Australia, Brazil, South Africa amongst others.   The main objective of this tour was to learn about Mauritius, share and impart knowledge, establish and consolidate ties  as well as to provide networking opportunities for the delegates.

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The Prime Minister launches Mont Choisy Development and appeals to private sector for inclusive development and participation

Present at the ground-breaking ceremony for the final implementation phases of landmark project, Le Parc de Mont Choisy, on 14th August 2017, the Honourable Prime Minister, Pravind Kumar Jugnauth reaffirmed Government`s determination to transform Mauritius into a safe and well-developed country.  The Prime Minister made an appeal to the private sector to work with the Government in order to boost the business environment for entrepreneurship  and businesses to flourish.

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