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Signing of a Memorandum of Understanding between the Board of Investment Mauritius and the International Network of Francophone Investment Promotion Agencies (RIAFPI)

The Board of Investment is hosting a delegation from the International Network of Francophone Investment Promotion Agencies (RIAFPI) and the Ivorian Federation of Small and Medium-Sized Enterprises (FI-PME) for a benchmarking visit in Mauritius from 19th to 22nd September 2017.  The high-level delegation comprises presidents, heads of ministries, directors and executives from Burkina Faso, Côte d'Ivoire, Djibouti, France, Gabon, Madagascar, Mali, Morocco, Congo and Comoros.

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The Board of Investment organised a working session with the delegates this morning, 19th September 2017.  During the opening session, Mr. Vinay Guddye, Head, Outward Investment  seized the opportunity to reaffirm BOI`s commitment to share its expertise and provide technical assistance to our African counterparts, while encouraging collaboration between our countries.
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The meeting included interactive working sessions pertaining to the investment landscape, the Africa Strategy and the role of the Africa Centre of Excellence, sectors of the economy and business facilitation.
The Managing Director of BOI, Mr. Ken Poonoosamy,  underlined that this benchmarking visit will further forge collaborative ties among all partners. He highlighted that necessary institutional and structural reforms have been introduced  to position Mauritius as an investment platform of choice.  Mr. Poonoosamy also emphasised that there is a continuous dialogue between Government and the private sector and this dynamism of the private sector plays an important role in the Mauritian economy.

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The benchmarking visit was marked by the signing of a Memorandum of Understanding between the Board of Investment of Mauritius and the International Network of Francophone Investment Promotion Agencies (RIAFPI). 
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The Mauritian business community is looking for cross-border opportunities. It is, therefore,  important to work in close collaboration with the region through the signing of bilateral agreements and MOU’s which will further bolster and facilitate investment in this region. The Managing Director expressed confidence that concrete results will emanate from the signing of this MoU.

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The visiting delegation will also meet key stakeholders, including the Registrar of Companies, the representatives of the Bank of Mauritius and the Mauritius Chamber of Commerce and Industry, Enterprise Mauritius, the Small and Medium Enterprises Development Authority (SMEDA) and Maubank. 
The benchmarking visit is in line with our strategy to transform Mauritius into a regional hub. It is an opportunity to affirm our well-regulated and transparent platform to do business across the continent and strengthen relations which will certainly help in the realization of our ambition to position Mauritius as a robust business hub for the region.


19th September 2017