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Mauritius National Budget Highlights 2017/2018

Editorial

Dear Investors,

I am pleased to introduce the special edition of the Board of Investment’s newsletter focused on the 2017/18 Budget presented this afternoon by Honourable Pravind Kumar Jugnauth, Prime Minister and Minister of Finance and Economic Development.

The measures enunciated are grafted on those announced in last year’s budget, reflecting a continuation of the Government’s vision to ward off the middle-income trap through sustainable actions aimed at improving our productive capacity.

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World Investment Report 2017: Promising FDI prospects for Africa in 2017

The United Nations Conference on Trade and Development (UNCTAD) launched the World Investment Report (WIR) 2017, entitled “Investment and the Digital Economy”, on 7th June 2017.

The World Investment Report 2017 states that India, China and the United States are the most prospective destinations for Foreign Direct Investment.

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Mauritius is the most peaceful and safest country in sub-Saharan Africa

The Global Peace Index 2017 ranks Mauritius as the most peaceful and safest country in sub-Saharan Africa. The study carried out by the Australian Institute for Economy and Peace ranks Mauritius as the 22nd most peaceful country in the world.

The eleventh edition of the Global Peace Index (GPI) ranks 163 independent states and territories according to their level of peacefulness based on 23 indicators such as violent crime, terrorism, state of relations with neighboring countries, political stability, corruption, human rights and the rule of law.

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Signing of an MOU between BOI and CCIFM

The Chamber of Commerce and Industry France-Mauritius (CCIFM) organized a forum-debate on 31st May 2017 on key issues in the wake of Brexit and the election of President Trump and their impact on the Mauritian economy and the African region.

In this context, the Board of Investment (BOI) and the CCIFM signed a Memorandum of Understanding to establish a practical framework for the exchange of information on development and investment, research and the conduct of joint investment promotion missions. The agreement also aims at identifying the problems faced by French investors with a view to proposing prompt solutions.

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Prime Minister addressed the business community in New Delhi

The Prime Minister, Honourable Pravind Kumar Jugnauth, was on an official visit to India from 26th to 28th May 2017.

In this context, the main industry associations in India, namely CII, ASSOCHAM and FICCI, in collaboration with BOI, organised a Business Meeting themed  “Mauritius: Your Preferred Regional Investment & Business Platform”, on Friday 26th May 2017.

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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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