Mauritius Investment Opportunities Sectoral Overviews July 2007 : Mauritius Investment Opportunities Sectoral Overviews July 2007
Investment Opportunities by Sector : Investment Opportunities by Sector As “Mauritius Opens to the World”, invest in our Emerging Sectors:
Agro-Industry, Energy and Environment : Agro-Industry, Energy and Environment Investment Opportunities:
Agro-industry
Energy production Why invest in the Agro-industry, Energy and Environment in Mauritius?
Political & socio-economic stability
Strategic location, gateway to Africa
Agro-industry history and availability of biomass for green fuel
Supportive government policies
Availability of renewable resources such as sun, ocean and wind for energy production
Additional factors: Low business costs / Harmonious Industrial Relations / Mature Financial Services Sector / Quality of life & cultural compatibility / Reliable modern infrastructure
“Mauritius, an exciting showcase for green energy in Africa”
Prepare to invest in this emerging industry
Agro-Industry, Energy and Environment Agro-Industry : Agro-Industry, Energy and Environment Agro-Industry Benefit from a transforming cane industry. With by-products such as ethanol, traditional rum and special sugars, the cane industry has high untapped potential, local expertise and international research capabilities
Exploit the advantages arising from a diversification process in the agricultural sector as well as market-oriented opportunities that Mauritius offers in the agro-industry
Business opportunities in:
Horticulture / Floriculture / Animal husbandry / Spirits and vegetables / Dairy products
Ready-to-eat precooked foodstuffs The restructuring plan for the sugar industry favours the production of special sugar, a product which has a higher value than brown sugar in the international market
Special sugar production is expected to reach 50% according to the restructuring plan for the sugar industry
Molasses processing is actually carried out by three firms in Mauritius, Beau-plan, Alcodis, Medine
8 million tons of ethanol has been processed and exported from 2004-2008. Five Reasons to choose Mauritius:
Ideal sub tropical climate
Turning point in agro-industry, with new opportunities
3.Large regional market with high demand and preferential access
4.Safe investment location
5.Long established tradition of socio-political stability More on Agro-Industry
Agro-Industry, Energy and Environment Energy Production : Agro-Industry, Energy and Environment Energy Production To date Mauritius produces 22% of its electricity from renewable energy
Location and physical built up of the country is ideal for implementation of power plants using wave energy conversion technology or ocean thermal energy conversion technology
Government strategy to focus on renewable energy Mauritius should achieve 70% self-sufficiency in its energy supply in 50 years
Give your clean energy production projects the chance to materialise
An exclusive economic zone of 1.9 km2 for ocean thermal energy conversion and wave energy production
Tropical climate with large sun exposure all year round for solar energy projects
Cane biomass for production of bio-fuel such as ethanol and bio-diesel. Key Facts
Bio-diesel and ethanol markets are estimated to grow at a rate of 2% p.a.
Conclusive results have been reached upon a mix of 10% of E10 (ethanol) with gasoline. Five Reasons to choose Mauritius:
Strategic location, gateway between Europe, Asia and Africa
Ideal climate for growth of crops essential to the industry (jatropha cucaras, palm oil etc)
Availability of renewable resources as sun, ocean and wind for energy production
Creation of a national ethanol cluster to position Mauritius as a key ethanol provider
International standard research facilities available
Agro-Industry, Energy and Environment Key Facts : Agro-Industry, Energy and Environment Key Facts Manufacturing of Rum and spirits from the cane industry is already on process with successful results
World famous made in Mauritius brands:
Green Island,
NEW-Grove (twice award winner in the US),
Rum St Aubin
…
5000 hectares of land would be available for agriculture till 2015
The Biomedical Industry : The Biomedical Industry Invest opportunities:
Healthcare, wellness and leisure
Medical Devices
Pharmaceuticals
“Mauritius: wellness centers, healthcare manufacturing and healthcare research & development”
Invest in the Healthcare and Wellness industry, with a potential annual market of 2 million high net worth tourists
Why Mauritius ?
Political & socio-economic stability
Ease of doing business
Quality of life & cultural compatibility
Strategic location
Qualified and trained workforce
Additional factors to consider: An emerging medical hub / Open Business Platform and a Liberal Investment Policy / Productive and Versatile Manpower / Preferential Access to Africa, Europe and USA / State-of-the-Art Infrastructure and Facilities / Protection of Intellectual Property Rights / Adequate Support Services (Certification, Calibration, Sterilization, Etc…) / Fiscal Benefits
The Biomedical Industry Healthcare, wellness and leisure : The Biomedical Industry Healthcare, wellness and leisure Mauritius, a destination for healthcare, wellness and leisure
Leverages on the strong brand image of Mauritius as an exclusive holiday destination and a second home for high-net worth individuals
A potential annual market of 2 million high net worth tourists
An enabling regulatory framework:
Private Health Institution Act
The Human Tissue (Removal, Preservation and Transplant) bill
Investment Opportunities:
Multi-speciality hospitals and speciality centres for local and foreign patients
Plastic, reconstructive and cosmetic surgery clinics.
Dental clinics and dental laboratories
Invest in convalescence centers and pain clinics
Telemedicine and teleradiology services
Health resorts and wellness centers
Luxury homes for non-citizen retirees
Allied health services to carry out back-office activities Quotes and Facts
“The Hair Grafting Medical Centre launched its speciality centre in Mauritius in 2001. The clinic is part of the Challenge Hair Group which also has centres in France, Canada and Spain. We offer comprehensive hair grafting treatment and holiday packages to patients coming from different parts of the world. Over the years, we have found in Mauritius the perfect business environment and, more importantly, a beautiful, peaceful and stable country where it is very easy to do business. We are now in the process of expanding our operations and establishing a speciality centre for plastic and cosmetic surgery and hair grafting.”
Mr Gérard Guidi, Managing Director, Hair Grafting Medical Centre
More Quotes>>>
The Biomedical Industry Medical devices : The Biomedical Industry Medical devices Mauritius is an attractive manufacturing base for export-oriented companies operating in the healthcare sector.
Investment opportunities to manufacture:
Medical Disposables
Surgical Equipment and Handpieces
Orthopedic Devices
Electromedical and Electrotherapeutic Devices
Implantable Devices
Prosthetic Devices Quotes and Facts
«Dialtechnic, a subsidiary of Promepla (France), was set up in Mauritius in 1988. We specialize in the production and assembly of tubes and other irradiation apparatus. Operating as a contract manufacturer, our products are commercialized worldwide by our parent company, Promepla. Our products are exhibited in major international events including Medtech (Stuttgart), Compamed and Medica. The economic agenda of the country lays down huge emphasis on Mauritius becoming a premier Biomedical and Knowledge hub in the region and internationally.”
Mrs. Pompeo, Manager, Dialtechnic Limited. Five Reasons to choose Mauritius
An emerging medical hub
Open Business Platform and a Liberal Investment Policy
Productive and Versatile Manpower
Preferential Access to Africa, Europe and USA
Protection of Intellectual Property Rights and adequate Support Services (Certification, Calibration, Sterilization, Etc…)
-SADC and COMESA represent a potential market in excess of 425 million consumers
More Quotes>>>
The Biomedical Industry Pharmaceuticals : The Biomedical Industry Pharmaceuticals A conducive environment for the setting up of Contract Research Organisations to carry out clinical trials for pharmaceutical and cosmetic products
Mauritius offers viable investment opportunities for the pharmaceuticals industry:
Drug Discovery
Manufacture of Pharma Ingredients
Formulation - packaging of drugs
Manufacture of pharmaceutical products
Manufacture of phyto-pharmaceutical products
Supply Chain Management and Logistics services for regional distribution of drugs Quotes and Facts
The market of pharmaceutical products in Mauritius is estimated to be to the tune of around Rs 1.5 Billion
2 manufacturers of generic drugs in Mauritius :
Ajanta Pharma started its operations in Mauritius in the year 1997, exporting mainly to French speaking African countries including Togo, Benin, Burkina Faso, Senegal, Cameroon, D.R. Congo, Madagascar and Comoro as well as supplies the local market.
Mascareignes Pharmaceutical Mauritius Ltd,involved in the formulation and packaging of drugs
25 pharmaceutical trading companies in Mauritius
Mauritius has a capital of more 100 medicinal plants which can be tapped to develop the emerging phyto pharmaceuticals sector
The Biomedical Industry More Quotes and Facts : The Biomedical Industry More Quotes and Facts Medical Devices
« Natec Medical Ltd is in the design and manufacture of complex medical devices – cardiovascular balloons (one of the very few around the world) and catheters. Established in Mauritius since 2000, the company has selected Mauritius as the most suitable destination for the manufacture of medical devices and the ideal platform for connecting to the world, by relocating its processing activities from Boston (USA) to Mauritius. We actively participate in international events including Medtec in Stuttgart and euroPCR in Paris. Over and above being ISO 9001 and ISO 13485 certified, we are also compliant to the CE and US FDA requirements which enable commercialization of our products across the globe. Combining a pleasant living and working environment, stable political and socio-economic environment, ease of doing business and a bilingual workforce, Mauritius
offers the ideal platform for medical devices manufacturing and supply.”
Mr. Vincent Lagarde, Director, Natec Medical Limited
Healthcare, wellness and leisure
“Our group, Apollo Hospitals Enterprise Ltd, is presently setting up a state-of-the-art 200-bed multi-speciality hospital in collaboration with the British American Investment Co Ltd in Mauritius. Factors like ease of doing business, investment-friendly climate, quality infrastructure and the extremely safe and pleasant environment prevailing in Mauritius have encouraged us to invest in this paradise island. Our facility in Mauritius will provide advanced healthcare services in different speciality areas to patients coming from different parts of the world.”
“The Harley Street Fertility Centre is one of the leading specialist centres for the diagnosis and treatment of infertility. We have clinics in London and Berkshire in the UK and started providing treatment in Mauritius in 2003. Factors such as political and economic stability, bilingual workforce, business friendliness, low tax regime and the pleasant living environment, have encouraged us to invest in Mauritius. Our clinic in Mauritius provides in vitro fertilization treatment to patients coming from many countries including the UK, Ireland, India, Kenya, South Africa, Tanzania, the Seychelles, Comoros and Madagascar. We are very happy and satisfied with our operations in Mauritius and are in the process of expanding and building a fertility centre to include training facilities and promote medical tourism in Mauritius.”
Dr Goswamy: Managing Director, Harley Street Fertility Centre
Fashion, Accessories & Textile : Fashion, Accessories & Textile Investment Opportunities:
Apparel and Accessories
Jewellery and Diamonds
Service Industries
Spinning Mills and Laboratories
Design & Fashion Institutes
Why Mauritius for the Fashion, Accessories & Textile industry?
Political and socio-economic stability
Ease of doing business
Market access
Harmonious business relations
Competitive business costs
Reliable modern infrastructure/ bilingual workforce/ Cultural adaptability and quality of life/ Mature financial services sector/ Supportive government policies
“Mauritius, a harmonious fashion solution”
A vertically integrated industry for high-value added and design products
Fashion, Accessories & Textile Apparel and Accessories : Fashion, Accessories & Textile Apparel and Accessories Manufacture of Garment Accessories:
Leather Bags, Belts and Shoes
Fashion Jewellery
Silk Scarves
Relying on knowledge to support the industry
Building up capacity to move in the upper segment to become the crux for fashion and design
Encouraging Institutes of international repute to set up for local and international students Quotes and Facts
Pillar of the Economy since late 70s
Largest employer: 65,000 jobs
Represents 75% of the total revenue from export-oriented companies Five Reasons to choose Mauritius:
Political Stability
35 Years of Expertise in Textile and Clothing
Producer of Branded goods
Bilingual and Highly Literate Population
Liberal Investment policies More quotes>>>
Fashion, Accessories & Textile Jewellery and Diamonds : Fashion, Accessories & Textile Jewellery and Diamonds Quotes and Facts
Ranks third in export oriented manufacturing sector
Annual turnover of MUR 2.6 billion
Thirteen Diamond cutting and polishing companies Mauritius, a centre of excellence for jewellery and diamond polishing Five Reasons to choose Mauritius:
35 years of expertise in diamond cutting and polishing
Ease of Doing Business
Preferential access to US markets
Skilled Resources
Support services More Quotes >>>
Fashion, Accessories & Textile Service Industries : Fashion, Accessories & Textile Service Industries To meet the needs of companies located locally and regionally we are promoting the setting up of:
Agents
Intermediaries
Vendor representations (machinery, equipment, raw materials)
Setting up of Buying Offices to source apparel locally and from the region
Five Reasons to choose Mauritius:
Political & socio-economic stability
Ease of doing business
State-of-the-art infrastructure
Cosmopolitan living conditions
Market access
Fashion, Accessories & Textile Spinning Mills and Laboratories : Fashion, Accessories & Textile Spinning Mills and Laboratories Spinning Mills: Opportunities for Reputable Spinners to set up operations
Main Products
Cotton
Blended Yarn
Organic Yarn
Testing and Certifying Laboratories
Presence of major international quality control agencies
Inspection
Certification
Verification
Lab Testing
Technical Textiles: Opportunities exist to tap a large share of the world market which is growing by 4% p.a Five Reasons to choose Mauritius:
Political & socio-economic stability
Ease of doing business
State-of-the-art infrastructure
Cosmopolitan living conditions
Market access
Fashion, Accessories & Textile Fashion and Design Institutes : Fashion, Accessories & Textile Fashion and Design Institutes Relying on knowledge to support the industry
Building up capacity to move in the upper segment to become the crux for fashion and design
Encouraging Institutes of international repute to set up for local and international students Five Reasons to choose Mauritius:
Political Stability
35 Years of Expertise in Textile and Clothing
Producer of Branded goods
Bilingual and Highly Literate Population
Liberal Investment policies
Fashion, Accessories & Textile More Facts : Fashion, Accessories & Textile More Facts A sector with exports of 100 Million T Shirts, 12 Million Pullovers, 20 Million trousers, 18 Million Woven Shirts
Export figures (2005):
Textile yarn and fabrics MRU 1,413m
Wearing apparel MRU 19,332m
textile and clothing MUR 18m
No of enterprises @Dec 2005
Textile yarn and fabrics - 46
Wearing apparel - 217
Leather products and footwear – 9
Total employment rate in the sector at Dec 2005 58,301 or approximate10% of labour force available.
Factory buildings are available for rent at reasonable prices which vary from MUR 5.00ft2 to MUR 7.00 ft2 per month.
The Financial Services Sector : The Financial Services Sector
Why Mauritius for the financial Services?
Quality Services and Reliability
Innovative Legislative and Regulatory Framework
Respect for Confidentiality Increasing Value-Added products and Services Offered
Low cost base
Treaty-Based Jurisdiction with an Expansive Tax Treaty Network with 32 Countries
Financial centre of international repute, highly ranked by OCED, IMF, WTO / Political & socio-economic stability/ Quality of life & cultural compatibility / Competencies & skills of a bilingual (English/French) workforce / Reliable modern infrastructure: SAFE cable; broadband connectivity
Investment Opportunities:
Banking
Other Non Banking Services
Global Business “Mauritius, an international financial centre of excellence”
Use the Mauritius platform to invest in Africa, India, China, South East Asia and benefit from the diversity of our financial products and our treaty network
The Financial Services Sector Banking : The Financial Services Sector Banking Are you are a Merchant Bank, a Wholesale Bank, a Private and Investment Bank or other banking institution?
Are you interested to expand in Africa, India, China and South East Asia?
Join a well-regulated and international banking sector offering a wide range of sophisticated financial products and services.
Quotes and Facts
The sector employs over 5,500 persons with a contribution of 7.0% to GDP (2005 figures) Five Reasons to choose Mauritius:
World class legislative framework.
Possibility of cross-border banking
Respect for confidentiality
Modern Infrastructure
Bilingual Workforce
The Financial Services Sector Global Business : The Financial Services Sector Global Business Invest through Mauritius, a strategic location and time zone for your global business
Modern institutional & legal framework complying with international norms & standards:
Companies Act 2001 / Financial Services Development Act 2001 / Trusts Act 2001
Quotes and Facts:
At September 2006, Mauritius had close to 30,000 global business companies on its register
Global business structured as funds with a net asset value over US$ 33.7 BN
Largest investor into Mauritius
Main Advantages:
Availability of local pool of professionals
Mauritius jurisdiction is not on OECD / FATF lists
Favourable local tax regime – Treaty Network of 32 countries and an effective local tax rate of 3% for global businesses
Sound banking environment, operating on local and international fronts
Modern infrastructure
A hybrid legal system (Privy Council as ultimate Court of Appeal)
A prominent role in regional economic communities (SADC, COMESA)
Resident Companies (GBL1 licence) / Non-resident Companies (GBL2 licence) / Foreign Companies will be allowed to apply for GBL 1 / Partnerships / Protected Cell companies / Collective Investment vehicles / Resident Trusts / Non Residents Trusts / Foundation and Sharia compliant investments being discussed
The Financial Services Sector Other Non-Banking Services : The Financial Services Sector Other Non-Banking Services A reliable financial centre offering quality services, innovative legislative and regulatory framework, modelled on the “best practice principle”, with a respect for confidentiality and an increasing value-added products and services offering
Modern institutional & legal framework complying with international norms & standards:
Companies Act 2001 / Financial Services Development Act 2001 / Trusts Act 2001
A Hybrid legal system (Privy Council as ultimate Court of Appeal)
A prominent role in regional economic communities (SADC, COMESA)
New products: fund administration / insurance and/or captive insurance components / listing of international funds, etc. / Sharia compliant products Why Mauritius?
A reliable, quality financial centre of excellence
Quality of life & cultural compatibility of Mauritius
Availability of local pool of professionals
Sound banking environment, operating on local and international fronts
Modern infrastructure Quotes and Facts
Funds with a net asset value of over US$ 33.7 billion)
Hospitality and property development sector : Hospitality and property development sector Why Mauritius for hospitality and property development?
Reputation of Mauritius as a luxury tourist destination
Political & socio-economic stability
Natural scenery of the country
Hospitable and welcoming people
Developed infrastructure across the country
Additional factors: Quality hotels (International award winners) / Excellent service and availability of qualified and trained workforce / Investors’ friendly environment / Possibility to acquire property fordoing business / Possibility to buy a luxury villa and become a resident / Safe and secure destination / Quality of life Investment Opportunities:
Hospitality Development
Property Development
“Mauritius offers an unrivalled wealth of choice and investment opportunities in property development”
Hospitality and property development sector Hospitality Development : Hospitality and property development sector Hospitality Development Mauritius, a prime tourist destination, offers an outstanding investment
opportunity in the hospitality industry:
A potential market of 2 million tourists
A strong luxury brand image in hospitality
Investment opportunities:
Hotel development and refurbishing of existing hotels
Business centers and business hotel
Gaming resorts
Health tourism, spa and wellness centers development
Eco-tourism, heritage and cultural tourism
Marina development / Water-based leisure activities
Amusement parks
Leisure activities Quote on Tourism Sector from Patrice Legris, CEO, AHRIM
Main Advantages:
Annual allowance for depreciation of assets to hotels, commercial premises, shopping malls, offices and entertainment places
Relatively low cost of utilities
5% registration duty on acquisition of immovable property
Free repatriation of profits and dividend
Low customs duty on import of materials and equipment /
Fast processing of permits and licenses
No capital gains tax
Flexible labour laws Quotes
Hospitality and property development sector Property Development : Hospitality and property development sector Property Development Mauritius, the next wave of real estate and landmark property development
Investment opportunities:
Residential property under the Integrated Resort Scheme (IRS)
Shopping malls
Office buildings
Business / industrial parks
Meetings, Incentives, Conferences and Exhibitions (MICE)
Additional opportunities exist for investments in high class leisure and recreational activities to service the IRS market Quote on Property Development from René Leclézio, Managing Director, Caudan Development Ltd,
Main Advantages:
Annual allowance for depreciation of assets to hotels, commercial premises, shopping malls, offices and entertainment places
Relatively low cost of utilities
5% registration duty on acquisition of immovable property
Free repatriation of profits and dividend
Low customs duty on import of materials and equipment /
Fast processing of permits and licenses
Flexible labour laws Quotes
Hospitality and property development sector More Quotes and Facts : Hospitality and property development sector More Quotes and Facts Hospitality and Property Development
“God created Mauritius and then made a copy which he named heaven, said Mark Twain. Leveraging on its natural beauty and the recent business facilitation measures introduced, Mauritius is now set to provide excellent development opportunities in the real estate sector. The opening up of the Island’s economy and property ownership to foreigners has paved the way for an extended market base. Within this context of new opportunities, Rogers & Company Ltd., which owns a diversified property portfolio and has played pioneering roles in the tourism and logistics sectors over several decades, is now geared to lead a similar role in the real estate development sector.” Mr. Sanjiv Mihdidin, Property Development Manager, Rogers & Company Ltd
“The tourism sector in Mauritius is associated with passion, obsession for quality, excellence in service, a welcoming population and a wide-ranging portfolio of products to ensure total guest satisfaction. Investment opportunities are vast and appealing to foreign investors (resorts, IRS, MICE market, eco-tourism, wellness centers, etc..), wishing to come and settle in this buoyant Industry” Patrice Legris, CEO, AHRIM
“The Caudan Waterfront, the most visited shopping complex of Mauritius, encompasses a rich blend of commercial and leisure facilities. Policy measures, such as a low tax platform, the duty free island concept and the objective to attract 2 Million tourists by 2015, have set the scene to develop Mauritius as a major shopping destination. Factors like the ease of doing business and the enabling legal framework have also largely contributed to our decision to further extend our activities. We are thus embarking on the second phase of our project which shall comprise 7200 m² of office space, 400 odd parking spaces and 2,600 m² of commercial space.” Mr. René Leclézio, Managing Director, Caudan Development Ltd,
Information and Communication Technology : Information and Communication Technology Why Mauritius for Information Communication Technology?
Political & socio-economic stability
Ease of doing business
Reliable modern infrastructure: SAFE cable; broadband connectivity
Quality of life & cultural compatibility
Competencies & skills of a bilingual (English/French) workforce
Low business costs / Harmonious Industrial Relations / Market Access / Mature Financial Services Sector / Supportive Government policies Investment Opportunities:
IT Services
IT Enabled Services
Telecommunications and information Management Solutions
ICT Habitats
“Mauritius, the Connecting Island”
A bilingual, customer focused and stable platform for global outsourcing activities
Information and Communication Technology IT Services : Information and Communication Technology IT Services Increase the competitive advantage of your business by investing in the IT Services sector in Mauritius
Opportunities for software and website development, data digitalisation and multimedia and 3D Animation
Software development in major technical languages (SAP, Oracle, dot.net and other object-oriented languages)
Customisation of best-of-breed software solution (ABAP, Oracle Financials, etc)
Niche development and maintenance for specific products requirements
Other content development applications Quotes from Marc- Henri Ravaux, Country Manager, Microsoft Indian Ocean Islands and French Pacific
AT Kearney global services location index put Mauritius in the 25th position. Main Advantages:
Political & socio-economic stability
International standards
Competitive, stable and bilingual workforce
State of the art telecom infrastructure
Strong government commitment
Growing sector More quotes
Information and Communication Technology IT Enabled Services : Information and Communication Technology IT Enabled Services Benefit from an outstanding opportunity in the business process outsourcing sector in Mauritius
Abundant pool of professionals to assist in your process outsourcing:
accountants
lawyers
architects etc
Local competencies in industry verticals: hospitality, financial services, IT, medical and legal Key Facts:
185 companies operating in the sector, among which a growing number of multinationals
7,000 people employed by the sector
Annual growth of 40% in new entities created
Main Advantages:
Political & socio-economic stability
Competitive, stable and bilingual workforce
State of the art telecom infrastructure
Strong government commitment
Growing sector Quotes
ICT Telecommunications and Information Management Solutions : ICT Telecommunications and Information Management Solutions Be a beneficiary of a recent liberalisation process in the telecommunication sector in Mauritius and benefit from the untapped potential as well as the spillovers resulting from it.
Business opportunities in the sector in the region are:
Telecom and broad band service providers
Network equipment providers
Mobile content developers
International Telecommunication Switching Centres
International Satellite Business Units
Data Centres
Disaster Recovery Centres and Business Continuity Services Quotes and Facts
“The well-equipped infrastructures, the good investment environment and the rich human resources of talented people here have made Huawei choose Mauritius as the location of our financial shared service centre for the South African region”,Ms. Meng Wanzhou, Vice President Finance, Huawei Technologies Headquarters Main Advantages:
Government vision to transform Mauritius into a regional telco gateway
Access to a dynamic regional market
State of the art infrastructure through optical cable connectivity
Competitive, stable business platform
A world class legislative framework Quotes
Information and Communication Technology ICT Habitats : Information and Communication Technology ICT Habitats Think intelligent ICT habitats in the Indian Ocean rim, think Mauritius.
A real opportunity that awaits to be tapped for technology-oriented tenants
Five Reasons to choose Mauritius:
Growing demand from multinationals for intelligent buildings, business continuity planning and disaster recovery
Long established tradition of socio-political stability
Connectivity to the SAFE fibre optic submarine cable
100% foreign capital allowed Quotes and Facts
Intelligent Community Forum: Ebene Cyber Tower, a 12-story commercial building in Mauritius was selected as the Intelligent Building of the Year 2005. The tower is considered one of the most advanced technology buildings in the region
Main Advantages:
Growing demand from multinationals for intelligent buildings, business continuity planning and disaster recovery
Long established tradition of socio-political stability
Connectivity to the SAFE fibre optic submarine cable
100% foreign capital allowed
Information and Communication Technology More Quotes and facts : Information and Communication Technology More Quotes and facts IT Services
The Regional Microsoft Office was opened in Mauritius in 1997 following the implementation of the Copyright act by the Government of Mauritius.
Commitment from MS versus the Government on supporting the IP Law; Enabling people and communities in Mauritius to realize their potentials; Stable political and economical climate; Government’s willingness to develop the IT sector; Incentives provided to Investors; Bilingual workforce
Marc- Henri Ravaux, Country Manager, Microsoft Indian Ocean Islands and French Pacific
AT Kearney global services location index put Mauritius in the 25th position, well ahead of its main competitors: very positive on its financial costs and business environment. AT Kearney “the rise of Mauritius… reflects growing interest in locations with the ability to serve francophone markets.”
As at March 2007, 42 companies are in the areas of software and website development, employing around 800 people
IT Enabled Services
“Accenture started its operations in Mauritius in January 2002. Mauritius Centre is part of our Global Delivery Network. We provide services to European and US clients in IT development and BPO, with a team of 600 people. We are continuously growing our operations. We chose Mauritius based mainly on 3 areas which demonstrate its ability to deliver high-value BPO and IT as an offshore location:
People (High-skilled professionals, Bilingual in French and English and a flexible workforce),
Telecommunications (Reliable and low-cost telecommunications infrastructure, local competencies)
Environment (Stable and flexible legal environment, State-of-the-art training and education framework)”
Yves Bernaert, Accenture Senior Executive
Telecommunications and Information Management Solutions
Connectivity through the South Africa Far East (SAFE) fibre optic submarine cable
Three telecom operators and three mobile phone service providers
Six Internet Service Providers (ISPs) with two already providing Wi-Max and 3G technology
The Knowledge Industry : The Knowledge Industry Why invest in the Knowledge industry in Mauritius?
Mauritius, a centre of excellence and gateway for education to Africa and the region
An adapted National Policy Framework for facilitating investment in the education sector
An effective institutional set up to facilitate, regulate and monitor education in Mauritius
Additional factors: Political & socio-economic stability/ Ease of doing business / Quality of life & cultural compatibility/ Strategic location/ Qualified and trained workforce
Invest met Opportunities:
Universities and Post Secondary Institutions
Vocational and Technical Education
Secondary and Primary Education for children of rising expatriate population
Training Centres for organisation of international training programs
Facts
From 2.5 million students securing tertiary education outside their home countries to 7.5 million by 2025 – UNESCO “Mauritius, towards a centre of excellence and the leading education provider in the region”
Join the rapidly expanding knowledge industry in Mauritius
Land-based Oceanic Industry : Land-based Oceanic Industry Get Ready to Tap into the exceptional properties of the Mauritian Deep Sea Water
Why invest in this emerging industry? Mauritius is ideally positioned to exploit the deep sea water currents that flow 3-4 kms off its coast / The exceptional characteristics of the water has been scientifically proven from samples taken from 1000 metres / Carbon dating shows that the water is five-century old, pure and free from surface pollution / Mauritian deep-sea water remains almost constant, ranging between 5° to 6°Celcius all year round /Government has earmarked prime land to house the LBOI park
“Land-Based Oceanic Industry, Mauritius”
Bringing out value from deep Indian Ocean water.
Why invest in the LBOI in Mauritius?
low corporate tax of 15%
tax-free dividends
generous package of annual allowances
possibility of 100% foreign ownership
free repatriation of profits, dividends and capital
Additional factors: no customs duties on industrial equipment, machinery and materials / fast-track process for occupation permit clearances / low registration duty of 5% on buildings / access to offshore /banking / possibility for permanent residence after 3 years
Land-based Oceanic Industry investment Opportunities : Land-based Oceanic Industry investment Opportunities The scientifically proven characteristics of the Mauritian deep seawater make it ideal for the following uses:
Desalinated mineral water
Renewable energy
Healthcare products
Pharmaceuticals
Aquaculture
Aquaponics
Seaweed culture
Inland tourism
Thalassotherapy
Pearl culture
Cosmetics
High purity marine salt Picture in your mind a beautiful blue sea, soft warm breezes, swaying filao trees, white fine-grained sand and a brilliant sunset coupled with a friendly business environment for your thriving business in the promising land-based oceanic industry of Mauritius
Quotes and Facts
Five-century old water
Low-temperature stability
Inorganic Nutrient Richness
Purity
Land-based Oceanic Industry Facts & Quotes : Land-based Oceanic Industry Facts & Quotes Unique properties of the 1,000 metres Deep water of Mauritius
Quotes and Facts
Mauritius is the first country in the world to go to a depth of 1,000 meters to acquire this unique ocean water
Recent scientific analysis of the physical, chemical and biological characteristics of the deep (1,000m) water off the coast of Mauritius, has established that the water is very pure, rich in mineral and of high nutrient content as well as being cold (6° C)
Carbon dating techniques show that the water is about five-century old
LBOI Park: A Turnkey Approach : LBOI Park: A Turnkey Approach
Logistic and Distribution Sector : Logistic and Distribution Sector Why invest in the logistics and distribution sector in Mauritius?
Political & socio-economic stability
Ease of doing business
Preferential Market access to SADC and COMESA
Strategic location
Reliable and modern infrastructures
Additional factors: Low business costs / Harmonious Industrial Relations / Mature Financial Services Sector / Supportive Government policies /Quality of life & cultural compatibility / Qualified and trained labour force Investment Opportunities:
Freeport Operators
Private Developers
Third Party Developers
“Mauritius, Offering Value-Added Logistics”
Invest intelligent and choose a regional logistics, distribution and marketing hub which is strategically situated at the crossroads of Africa, Asia and Australia
Logistic and Distribution Sector Freeport Operators : Logistic and Distribution Sector Freeport Operators Superior and modern logistics infrastructure for import-export activities
Duty free market access to COMESA countries for value-added countries
Invest in a plug-and-play environment with tailor-made infrastructure available through Third-Party Freeport developers Business opportunities in:
Warehousing and storage / Breaking bulk / Sorting, grading, cleaning and mixing / Labelling, packing & repackaging
Light assembly and minor processing
Ship building, repair and maintenance of ships and aircrafts
Storage, maintenance and repair of empty containers / Quality control and inspection services
Export and re-export-oriented airport and seaport based activities / Freight forwarding services for export-oriented businesses
Five Reasons to choose Mauritius:
Strategic location
Superior logistics infrastructure
Duty Free market access
Cost competitiveness
Frequent and reliable sea and air connections
Logistic and Distribution Sector Private Developer : Logistic and Distribution Sector Private Developer Invest in your own logistics infrastructures in a location that:
benefits from duty-free access to COMESA & SADC countries
is at the crossroads of Africa, Asia and Australia
is cost competitive
has frequent and reliable sea and air connections Business opportunities in:
Warehousing and storage / Breaking bulk / Sorting, grading, cleaning and mixing / Labelling, packing & repackaging
Light assembly and minor processing
Ship building, repair and maintenance of ships and aircrafts
Storage, maintenance and repair of empty containers / Quality control and inspection services
Export and re-export-oriented airport and seaport based activities / Freight forwarding services for export-oriented businesses Five Reasons to choose Mauritius?
Strategic location
Superior logistics infrastructures
Duty Free market access
Cost competitiveness
Frequent and reliable sea and air connections
Logistic and Distribution Sector Third Party Developer : Logistic and Distribution Sector Third Party Developer Mauritius is building a brand name in manufacture of high-precision equipment and value-added services for re-export
Invest in the building and rental of infrastructure to operators in a market that is attracting a record number of foreign direct investors
65% increase in the value of Freeport trade performance for FY 2004/05 to 2005-2006
Traffic in container-12000 units (2005/2006 figures):
Infrastructure dry – 113000 m2
Infrastructure cold- 133500
Main advantages:
Duty-free access to COMESA & SADC countries
The Mauritius set-up already hosts logistics superior infrastructure
Frequent and reliable sea and air connections
Cost competitive
Manufacturing and Light Processing : Manufacturing and Light Processing Join an industrial set up which is already export oriented.
Exploit the business opportunities in the high-precision industry.
Gain your Competitive Advantage now
Investment Opportunities:
Clock and watch making Industry
Electronics industry
Micro-mechanics & precision plastics
Why invest Manufacturing and light processing in Mauritius?
Political & socio-economic stability
Ease of doing business
Preferential market access
Strategic location
Qualified and trained labour force
Addtional Factors: Low business costs / Harmonious Industrial Relations / Mature Financial Services Sector / Supportive Government policies / Quality of life & cultural compatibility / Reliable modern infrastructure
“Mauritius, your competitive business/investment destination for high quality and value-added manufacturing”
Manufacturing and Light Processing Clock and watch making Industry : Manufacturing and Light Processing Clock and watch making Industry Mauritius has a long history in watch making and has proved to be a crucial link in the production process of luxury watches, especially Swiss watches
Assembly and production of components and accessories for watches:
Bracelets
metallic wrist watchstraps
dial plates
synthetic sapphires
… Why Choose Mauritius for Manufacturing?
A strategic location between Europe, Asia and Africa
Qualified and trained labour
Preferential market access through economic & trade communities: COMESA, SADC, IOC, AGOA, Cotonou Agreement
Bilingual Population
Harmonious industrial relations Key Facts
Manufacturing and Light Processing Electronics industry : Manufacturing and Light Processing Electronics industry Manufacture of Surface Mounted Technologies (SMT) and assembly of electronic products
High Precision Engineering products used in other production processes such as aerospace, automotives, etc.
Mauritius provides you with an enabling business environment and infrastructure to kick-start your investment Key Facts Why Choose Mauritius for Manufacturing?
A strategic location between Europe, Asia and Africa
Qualified and trained labour
Preferential market access through economic & trade communities: COMESA, SADC, IOC, AGOA, Cotonou Agreement
Bilingual Population
Harmonious industrial relations Key Facts
Manufacturing and Light Processing Micro-mechanics & precision plastics : Manufacturing and Light Processing Micro-mechanics & precision plastics An excellent industrial set-up for the development and manufacture of high accuracy
components and systems for the automotive, medical, military, consumer electronics,
telecommunications and general industrial markets
Mauritius provides you with an enabling business environment and infrastructure to
kick-start your investment Key Facts Why Choose Mauritius for Manufacturing?
A strategic location between Europe, Asia and Africa
Qualified and trained labour
Preferential market access through economic & trade communities: COMESA, SADC, IOC, AGOA, Cotonou Agreement
Bilingual Population
Harmonious industrial relations
Manufacturing and Light Processing Key Facts : Manufacturing and Light Processing Key Facts Mauritius may not be a cheaper location – Mauritius provides the right platform for investment & business with no hidden costs.
For 2006, the sector accounted for more than 11% of GDP and employed more than 60000 persons
Strong Private-Public Sector Partnership providing institutional support from Government and Parastatal Agencies (Enterprise Mauritius, BPML & BOI) and private institutions (Joint Economic Council, Mauritius Chamber of Commerce, & Mauritius Exporters Association).
A manufacturing sector existing since 1970 through the export processing zone.
Logistics support through strong synergy with the Mauritius Freeport
Preferential market access under COMESA & SADC (Eastern & Southern African countries, AGOA (US market), Cotonou Agreement (EU market) & IOC (Indian Ocean Islands)
Global competitiveness Report of 1999 ranks Mauritius 29th out of 59 countries.
African competitiveness report of 1999 ranks Mauritius 2nd in Africa
The Seafood sector : The Seafood sector Mauritius: the ideal seafood platform in the Indian Ocean
Investment Opportunities:
Aquaculture
Seafood Hub
“Mauritius, a prime location to extract more value from the Indian Ocean”
An Exclusive Economic Zone of 1.9 million km2 and one of the largest world reserves of tuna, accounting for 23% of global annual catch.
Why invest in the seafood sector in Mauritius?
World class logistics platform in accordance with EU standards and aligned on HACCP norms
Fishing Agreements with EU, Japan and Mozambique
Facilities for seafood storage and processing
Duty-free access to EU markets
Excellent ancillary seafood-related services
Additional Factors: Competitive and skilled labour force / Shipping and air connections / Government One-Stop-Shop Service dedicated to the seafood sector / Ship building and ship repair services / Quality repair and assembly facilities for tuna purse seine nets / Presence of all major petroleum companies for Bunkering services
The Seafood sector Aqua-Culture : The Seafood sector Aqua-Culture Some 20 sites have been identified in and around the island for aquaculture
Tropical water seafood products farmed both inland and in lagoon
Possibility to use pathogenic-free brood stock using water from Land Based Oceanic Industry for a unique high-value aquaculture
Industrial marine aquaculture company already implemented
Five Reasons to choose Mauritius:
Mauritius is located in one of the cleanest oceans
Potential sites for marine aquaculture already identified
Superior logistic infrastructure
Duty free market access
Regular shipping and air connections
The Seafood sector Seafood Hub : The Seafood sector Seafood Hub Use the logistics, infrastructure and support services to ensure rapid transshipment of fish in Mauritius
Add value to your seafood products in Mauritius and benefit from duty free access to the EU markets and through AGOA, to tap the US market Quotes from Mr. Evert Liewes, MD, Princes Tuna (Mtius) Ltd Main Advantages:
Modern cold and dry goods warehouses of 130,000 m2
Efficient port with modern infrastructure
Existing international seafood players from Spain, Malaysia, Japan, USA, Sri Lanka and France
An Exclusive Economic Zone (EEZ) of 1.9 million square kilometers
Access one of the largest reserve of tuna and demersal fish in the world, accounting for 23% of global annual catch
Benefit from our ancillary services: ship handling; bunkering; vessel husbandry; ship agency; ship building and repair; net assembly and repair
No customs duties on material inputs and industrial equipment Quote
The Seafood sector Quotes & Facts : The Seafood sector Quotes & Facts “Princes Tuna (Mauritius) Ltd moved to its new factory in 1999 and has since then grown considerably. At present we employ around 2,000 staff. The advantages of Mauritius are the availability of a large motivated labor force, including well trained managerial staff. Mauritius also has a very good infrastructure and effective support services for industry and a very efficient port. Combined with the political stability, this makes Mauritius an excellent place to process canned tuna. The recent improvements in the port, the increased cold storage capacity and increased quay length for reefer unloading, adds to the convenience of doing business on Mauritius.” Mr. Evert Liewes, Managing Director, Princes Tuna (Mtius) Ltd
The Media and Entertainment industry : The Media and Entertainment industry Investment opportunities:
setting up of studios and processing laboratories
provision of industry-specific goods such as high quality sophisticated equipment needed for filmmaking
provision of industry-specific services such as the development of specific locations for shootings; training of artists and technicians Why Mauritius for the Media and Entertainment industry?
varied scenery ranging from the idyllic sun and sea spots to luxuriant greens,
a cosmopolitan and ethnically diverse population
an increasing number of professional cast and crew
a dynamic support film industry, from equipment rental, script writing, casting to post production facilities an unmatched regulatory framework “Invest in a young, diversified and creative nation; invest in the Media and Digital entertainment industry”
Tap into the combination of beautiful locations, talented local resources and the cultural diversity of Mauritius. Invest in the Media and Digital Entertainment industry
The Media and Entertainment industry Quotes and Facts : The Media and Entertainment industry Quotes and Facts 100 shooting activities take place in Mauritius annually, half of which are for Indian movies
Eight public television channels and some leading cable broadcasting networks present in Mauritius
Presence of more than 25 production houses
“It is evident that international companies have a lot to benefit in terms of service offered from Mauritius. It was a fantastic experience working on beautiful locations and with local crew who was punctual, talented, skilled & efficient.”
Bertrand Mauvis, Superhuman Records, S.Africa