Signing of an MoU between the Board of Investment and the China Council for the Promotion of International Trade (CCPIT)
The Board of Investment welcomed a high-level delegation from the China Council for the Promotion of International Trade (CCPIT) on Monday 13th November 2017. The 26-member delegation was led by Mr. Zhang Wei, CCPIT Vice Chairman. It comprised two important leaders, namely Mr. Li Wenguang, Vice Chairman, CCPIT Shandong and Ms. Liang Junjun, Vice Chairman, CCPIT Hubei.
The Board of Investment organised a comprehensive workshop for the delegation. The main objective of the workshop was to showcase the various opportunities that Mauritius has to offer to our privileged business partners, China being a strategic partner for our country.
In his address, Mr. Ken Poonoosamy, Managing Director of the Board of Investment seized the opportunity to highlight the long-standing economic and bilateral ties shared by the two countries. The MD invited the delegation to tap into the country`s potential, emphasizing that FDI from China amounted to USD 70 million in 2015.
On the other hand, Mr. Zakir Caunhye, Head, MD`s Office, presented investment opportunities existing across the various economic sectors of Mauritian economy and how the country can be used as gateway to access the market of African States.
The workshop included the signing of MoU between Board of Investment, Mauritius (BOI), and China Council for the Promotion of International Trade, Shandong Sub-Council (CCPIT Shandong). The MoU aims at fostering greater opportunities of trade and investment between Mauritius and Shandong Province and to further deepen the economic and trade relations. In a broader perspective, this visit will further strengthen economic cooperation between our two countries.
Site visits to Jin Fei Smart City and Tianli Spinning Ltd as well as working sessions with Bank of China, Huawei, and JinFei Economic Trade and Cooperation Zone were on the agenda.