Page 30 - DIVA_1_2007_No.28

Mauritius is also a paradisiacal

destination for potential investors

It is now a well-known fact. Radu Jaddoo : The Board
The island of Mauritius, of Investment (BOl), esta-
the
strategically located in the blished
under
Indian Ocean, has a proven Investment Promotion Act
track record in terms of 2000, is the national agen-
political stability. With a cy of the Government of
relatively strong economy - Mauritius responsible for
averaging a GDP growth of promoting and facilitating
5% over the past twenty investment in Mauritius.
years- it has recently intro- As Mauritius opens to the The cybercity in Ebene is part of the future
duced a number of reforms world, transforming itself into development of the island.
global the Missions of the Republic of
aimed at opening up the a
competitive
economy to attract foreign business platform, the Board of Mauritius worldwide (High
direct investment (FDI) as Investment has put at the service Commissions, Embassies,
well as foreign, and of the international business General Consuls and Honorary
national talents from the community a personalized range Consuls).
mauritian diaspora. of services to attract inter-
national investment and talents J-D.C: Mauritius is said to he a
Over the years, the in the country. paradise for potential inves-
Republic of Mauritius has tors ", wlz j' and what are the dif.
emerged as a competitive The dedicated team of profes- fèrent business opportunities ?
destination for various sionals at BOl with strong
investors, offering a dyna- industry expertise is here to R. J Mauritius is recognized as
mic private sector - very provide professional guidance a vibrant, robust and politically
receptive to joint venture for successful business launches stable economy welcoming
collaborations - plus a in Mauritius.The BOl has investors, self-employed entre-
qualified, skilled and com- developed a strong partnership preneurs, professionals, with
petent workforce. with the private sector by impro- talents and skills to do business
ving investment climate and in all economic sectors. The
innovation. 2006-07 Budget has opened a
To-day, according to Mr. encouraging
Raju Jaddoo, Managing Services provided by BOl are new chapter in the Mauritian
director of the Board of free-of-charge and include inter history, outlining new strategies
alia: counseling on investment for economic development.
the
lnvestment(BOl),
opportunities in Mauritius, pro- Strategies based on mission cri-
country is "pursuing a viding tailor made information tical reforms to graduate the
multi-pronged develop- for the setting up of a business in economy from dependence on
ment strategy based on Mauritius, organization of preferences to achieving global
The
a liberal and open customized meetings and visits, competitiveness.
investment policy in identification of joint venture Government has brought about
order to achieve sustai- partners, assistance with site sweeping changes in personal
nable growth in a fast locations and production income tax, corporate income
globalising world econo- facilities, as well as assistance tax, registration duty, customs
for occupation permits, licenses duties, excise taxation, motor
my.
and clearances vehicle taxation and tax
administration. These changes
During a recent visit to The Mauritius Board of is giving Mauritius an edge to
make the transition from
E the island, Jacques- Investment is viewed both
locally and internationally as a preferences to a globally compe-
Désiré Courtiade met
strategic partner for any investor titive economy. The strategic
with Mr. Jaddoo for the
0 following discussion on wishing to benefit from the policy thrust has thus created a
thriving business environment conducive and internationally
the potential advantages
C of Mauritius as a paradi- of Mauritius.With headquarters competitive investment environ-
in Mauritius, the Board of ment with specific emphasis on
se for investors. Investment has international the following: enhancing the
0 Jacque-Decire (ourtiade : offices in London, Paris and investment and business
C.) JJ hat about the BO!, its "r(1LOF! Mumbai to provide hands on climate, reducing the costs of
assistance to investors interested doing business, improving the
w d'être " ft/ic,, was it created to
investment delivery system, ensuring the
explore
(111(1 /IOi' is it tloiiit.':'
supply of adequate skilled
opportunities in Mauritius.BOI
also works very closely with all human resources, improving the
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