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The Board of Investment (Mauritius) wins the United Nation Awards for Promoting Investment in Sustainable Development Goals (SDGs)

The results came out during a reception organized by the Investment Commission of the United Nations in Geneva, Switzerland, on 20th November 2017. The United Nations Awards for promoting Investment in the SDGs 2017 aim to recognize and disseminate best practices in promoting and facilitating Foreign Direct Investment (FDI) in the SDGs.

Investment Promotion Agencies (IPAs), IPA associations, and Outward Investment Agencies (OIAs) were invited to submit their entry projects for the awards which meet the following criteria:

  1. The FDI project should be in one of the key SDG areas.
  2. The agency or association played an instrumental role in the realization of the FDI project.
  3. The project was initiated in the period 2015 – 2017.

Unctad

The BOI portrayed the Uniciti project by Medine Group. Uniciti (Medine Smart city) is a private mixed-use smart city project over an extent of 823 acres of land on the West Coast of Mauritius, comprising the development of an education cluster consisting of a university campus, private pre-primary, primary and secondary schools, student housing facilities, business parks, a regional hospital, a bus terminal, a courthouse, a sports complex, a shopping mall, residential units including affordable housing, a solar farm, an art centre, a green park and infrastructure inclusive of cycling and pedestrian tracks and roads. The Education Hub is at the heart of Uniciti, which aims at creating a community where the population will benefit from quality education and unique lifestyle. Innovation, sustainability and education are the key drivers of the project. The full-fledged integrated university campus comprises several reputed international institutions, bringing quality education for Mauritians, Africans and global students.

The award was collected by Mr Heerun Ghurburrun who heads the BOI Paris office, in the presence of Mr R. Sookun, Minister Counsellor and Deputy Permanent Representative to the Embassy of Mauritius in Geneva, at the Ceremony for the United Nations Awards for Promoting Investment in the SDGs 2017 held at Palais des Nations, Geneva. The award was presented by Mr James Zhan, Director, Division on Investment and Enterprise, UNCTAD.

“We feel deeply honoured with this recognition from the United Nations, which is an acknowledgement of the vision of the Government of Mauritius and BOI to promote and facilitate projects aiming to achieve Sustainable Development Goals. The entire BOI team is thankful to the United Nations for this award”, says Mr Ken Poonoosamy, Managing Director of BOI.

“The Medine Group is proud to be associated with the Board of Investment to have participated in this prestigious award and we are pleased to note that Uniciti, our smart city development is recognized as one aiming to achieve the Sustainable Development Goals. The Board of Investment has always responded pro-actively when it comes to facilitating the project and this has been key to where we stand in terms of implementation. We would like to congratulate the BOI for receiving this great recognition”, says Mr. Thierry Sauzier CEO of the Medine Group.

Large scale mixed-use projects are complex in nature and require clearances, permits and licenses from various regulatory bodies. BOI has been instrumental in coordinating and facilitating all the licensing requirements of the promoter by setting up technical committees to deal with the complexity and the diversity of the different components of the smart city project.

The project has successfully satisfied the selection criteria for the award that included the promotion of projects that are sustainable, ecofriendly, innovative and create local linkages among others.

21 November 2017