Increase in FDI for First Half of 2024
25 Oct 2024
Mauritius welcomes investment and embraces business. Globally recognised as a safe, stable and easy environment to conduct business, Mauritius is a great place to invest, work, live and retire, with future ready infrastructure, global connectivity and world class talent.
Invest in a project of at least Rs 500 million and take advantage of incentives, rebates, exemptions and preferential rates.
Leverage on our unparallel preferential market access to 68% of the world’s population and benefits from a panoply of Free Trade Agreements.
Mauritius’ residence program allows foreign nationals to make a real estate investment into the country and apply for a residence permit to live, work, and retire in Mauritius.
Live and work remotely from Mauritius and experience a long stay or retire in a picture-perfect tropical paradise.
Leverage on our unparallel preferential market access to 68% of the world’s population and benefits from a panoply of Free Trade Agreements.
The Premium Investor Certificate, issued by the Economic Development Board (EDB) allows companies investing at least Rs 500 million, and companies involved in the manufacture of pharmaceuticals and medical devices, to benefit from bespoke incentives, upon recommendation of a Technical Committee and approval by the Minister. The objectives of the scheme are to promote the emergence of pioneering industries, innovative sectors and first movers.
The Premium Investor Scheme is set up under sections 2, 14A and the Second Schedule of the Act and is administered and managed by the Economic Development Board (EDB) under section 5(1)(k) of the Act.
Project shall be considered under the Premium Investor Scheme if it:
1. relates to the manufacture of:
i. pharmaceuticals or
ii. medical devices; or
2. involves a minimum investment of 500 million rupees in:
i. emerging sectors,
ii. pioneering industries and first movers,
iii. innovative technologies and industries.
Incentives are negotiable with the EDB, assessed by a Technical and approved by the Minister of Finance and may include:
1. rebates, exemptions and preferential rates, in relation to taxes, duties, fees, charges and levies under any enactment;
2. facilities, grants and exemptions in relation to:
i. land and buildings,
ii. infrastructure and public facilities,
iii. utilities; and
iv. labour requirements, including foreign labour
Company Name | Activity |
---|---|
Milestones Limited | Setting up of a Family Entertainment Centre and Car Museum at Beaux Songes |
EMTEL Technopolis Ltd | Development of an integrated technology park at Union Vale |
NU Hospitals (Mauritius) Ltd | Super-Speciality hospital project at Paillotte, Phoenix |
Aegle Pharma Ltd | Manufacturing of pharmaceuticals at Rose Belle Business Park |
MC-Biotech Ltd | Manufacturing and Packing of generic and licensed drugs at Goodlands |
Urban Cooling Ltd | Development of Deep Ocean Water Applications (DOWA) and urban cooling technology in different regions of the island |
Insola Manufacturing (Mauritius) Ltd | Manufacture of Solar Photovoltaic (PV) cells and modules |