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Newsletter May 2017 - Review of the Business Facilitation Act 2017

Dear Valued Investors,

Just over a decade ago, the Business Facilitation Act 2006 triggered a period of sustained economic growth following bold reforms in the business environment. These reforms resulted in the streamlining of administrative processes through the subsequent Finance Act and the Economic and Financial Measures (Miscellaneous. Provisions) Act.

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The Mauritian Film Industry Picks Up Momentum

As a film shooting destination, Mauritius will be the exclusive spot for the first Hollywood movie to be filmed in its entirety on the island.

The Board of Investment has approved  its first big-budget Hollywood movie entitled “Serenity”.  This ambitious project worth MUR 629  million  will feature Hollywood stars including Matthew Mcconaughey, Anne Hathaway and Uma Thurman, all of them Oscar nominated actors and winners.

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Newsletter April 2017- Biotechnology, an emerging sector

Dear Valued Investors,

Foreign direct investment figures released by the Bank of Mauritius for 2016 show an increase of 41 % compared to the previous year’s inflows. In fact, FDI reached MUR 13.6 billion.

This upward performance reflects the change in BOI’s approach with regard to investment promotion and facilitation. It is the result of the restructuring of the organisation’s business clusters which stemmed from a need for constant reinvention in the wake of the persistent volatility and unpredictability of global business.

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The consolidation of bilateral and economic ties between Mauritius and the Comoros

The Mauritius Chamber of Commerce and Industry of Mauritius (MCCI) and the Union of Chambers of Commerce and Industry and Agriculture (UCCIA) of Comoros, in collaboration with the Board of Investment and Enterprise Mauritius, organized a business forum this morning, Thursday 27th April 2017 at the Voilà Bagatelle Hotel.  The event was attended by a high-level delegation from the Comoros, comprising His Excellency  Mr. Azali Assoumani, the President of the Union of Comoros, Dr. Abdou Katibou, Director of the National Agency for Investment Promotion of the Comoros

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China reiterates its commitment to support Africa’s development

To mark the 45th anniversary of the establishment of diplomatic relations between the Republic of Mauritius and the People’s Republic of China, the embassy of the People’s Republic of China in collaboration with the Ministry of Foreign Affairs, Regional Integration and International Trade organized a symposium themed “Enhancing Mauritius-China Relations” to further promote bilateral relations between Mauritius and China, today at Ebène. The event was attended by high-level representatives of the Mauritian government as well as a Chinese delegation presently in Mauritius.

 

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Invitation for Expression of Interest- Village des Technologies de l'Information et de la Biotechnologie Zone Project, Grand Bassam, Côte d'Ivoire

The Mauritius-Africa Fund Ltd (MAF) is inviting expression of interest from local and international firms interested in the Village des Technologies de L’Information et de la Biotechnologie (VITIB) Zone Project in Grand Bassam, Côte d'Ivoire.

The VITIB Zone Project is being developed by a Special Purpose Vehicle in Grand Bassam, Côte d'Ivoire, or directly by VITIB, or by any investor designated by MAF.

 

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