Mauritius’ Role In Driving Quality Investments Into Africa

The United Nations Conference on Trade and Development (UNCTAD) World Investment Report 2019, highlights the important role played by regional hubs like Mauritius in intra – regional investment flow.  FDI stock from India, Malaysia, Singapore, South Africa and Thailand to Small Island Developing States (SIDS) is almost all concentrated in Mauritius, as a gateway to other African markets.  Mauritius is the third largest destination, accounting for 16 per cent (compared with 12 per cent in 2013) of the United States FDI stock in SIDS. Mauritius is cited, in the report, as actively participating in the development of the continent through Special Economic Zones (SEZs) in various African countries.  The aim is to create an environment conducive for local operators to tap into business opportunities in these countries and develop business corridors, as well as to enhance the demand for Mauritian products and share Mauritius’ experience in zone development.   As the first African country to set up an EPZ in the 1970s, Mauritius continues to innovate in this area – most recently introducing a five-year tax holiday for companies collaborating in developing infrastructure in SEZs.SOURCE:  AFRICA.COM

Posted inNEWS