MAURITIUS
a bridge between Asia and Africa

The region - A leading role - The economy - Financial sector - Financial Services - Stock exchange
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Housing - Social benefits - Future projects



Future projects

Many major civil and development works will begin during the year 1999 on the island. Sewerage works will also continue in some regions of the country as well as preliminary work for the construction of the Midland Dam. There are also huge investments in the renovation and expansion of the Sir Seewosagur Ramgoolam International Airport. A waterfront will be built in at Mahebourg, on the South-West part of the island. This project will need a huge investment. The distribution of water need to be ungraded in some part of the island. Some important projects are marked for Rodrigues and Agalega, the two small islands dependant of the Republic of Mauritius.

The government of Mauritius have also make a list of about 20 very important projects thatwill be executed under the formula of Build, Own and Transfer (BOT). Legislation have already been passed for BOT.

Port Louis
One must not see Mauritius as a small island but as an excellent opportunity for participating in the regional strategy policy where Mauritius is playing a role of leader in the South-West of the Indian Ocean and in Eastern and Southern Africa. With a free press, a stable government, Mauritius is one of the fastest growing economies in this region. Since very long ago, Mauritius was called the «Star and the Key of the Indian Ocean». There is no doubt that it is going to assert itself as a modern Star and Key of the region by the next millenium.

Dr Navinchandra Ramgoolam, Prime Minister of the Republic of Mauritius himself said: « We represent a lot of investment opportunities with political stability and we believe we have a lot to offer».

Mr Derek Taylor, Chief Executive of the Rogers Group also said: « Mauritius is a good place to look at for investment. As far as foreign investment is concerned Mauritius is a place from which they can manage their operations in namely Africa, madagascar and Seychelles. We have the advantage of being fluent in both English and French as compared to our neighbouring countries. We also have good connections by air and by sea with these countries. Using Mauritius as a base to do business with Africa, South East Asia and Far East would offer a lot of advantages.»

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This is the electronic edition of the special country report on Mauritius published in FORBES Global Business and Finance Magazine. April 19th issue.
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