unctad.org | Investment Policy Review: Mauritius
Investment Policy Review: Mauritius
Book Information
Full Report ( 92 Pages, 671.0 KB )

Highlight

As a middle-income country, Mauritius faced the challenges of a mature developing economy. Rising labour costs were eroding the competitive edge in garment manufacture.

To become a successful business hub for Africa, Mauritius needed to be internationally competitive and be viewed as the most open, investor-friendly and progressive business environment in the world - that is, beyond Africa.

The IPR´s recommendations were based around promoting a shift into higher-value sectors, including financial services, business services and information technology, in order to sustain high growth.

Attracting FDI of this kind would require a focused promotional strategy and a substantial overhaul of the policy and operational framework for FDI in line with worldwide "best practice" standards.

The IPR recommended the following, with a focus on the three sectors of financial services, information technology and marine resources:

  • Overhauling the policy and operational framework for FDI in line with "best practice" standards.
  • Shifting more forcefully into higher-value sectors.
  • Improving infrastructure.

Follow-up activities

Following the IPR, UNCTAD, with UNDP funding, conducted a review of the country´s fiscal incentives in order to:

  • Harmonize these incentives.
  • Enhance the position of the country as a regional hub in business and financial services.
  • Encourage the return of the members of the Diaspora.

Downloads

Investment Policy Review: Mauritius (UNCTAD/ITE/IPC/Misc.1)
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