FDI inflows into the Mauritian Economy surges to MUR 14.2 billion in 2017
According to the latest statistics published by the Bank of Mauritius, FDI inflows into the Mauritian economy for period January to December 2017 witnessed an increase of 4.4 % as compared to the previous year. FDI inflows to the tune of MUR 14.2 billion have been recorded for the four quarters of 2017 as compared to MUR 13.6 billion in 2016.
Real estate remains the most attractive sector and the main recipient of FDI to the tune of MUR 8.7 billion of which the Integrated Resort Scheme, Real Estate Scheme, Invest Hotel Scheme & Property Development Scheme accounted for MUR 5.7 billion. The financial services sector has attracted MUR 3.3 billion while the education sector recorded MUR 163 million of FDI inflows.
Developed countries registered an influx of MUR 9.7 billion with the major influx of MUR 4.3 billion originated from France while Luxembourg channeled MUR 3.3 billion into the Mauritian economy. Outward investment amounted to MUR 2.5 billion in 2017 as compared to MUR 1.8 billion in 2016. Outward Investment were mostly oriented towards the financial services sector (MUR 1.1 billion) and the manufacturing sector (MUR 620 million).
Direct investment to Kenya totaled MUR 912 million while those channeled to France amounted to MUR 221 million. Investment abroad were mainly geared towards developing countries and Africa represents the biggest recipient of FDI to the tune of MUR 1.4 billion.
For more information, please download the official figures here.