Mauritius’ emerging ocean economy is attracting attention as it is set to unlock investments of €540 million.
Mauritius has constantly been reinventing itself. By leveraging its strategic position at the crossroads of Africa, Asia and Australia, the Indian Ocean island is gradually transforming itself into a business hub and an international jurisdiction for investors in search of security and transparent regulation.
Mauritius’ Prime Minister Sir Anerood Jugnauth, a veteran politician who is currently in his sixth term since his first appointment in 1982, has laid out an economic vision for the small island that will see it develop into an innovation-driven commercial hub in the Indian Ocean and a gateway to Africa.
Having shaken up its image with a rebranding campaign, Sun Resorts has maintained its place as one of the top names in Mauritius’ tourism industry. Patrick Lan, Group Director of Sales & Marketing, explains why Sun Resorts is a popular choice with German tourists.
Mauritius is fast-establishing itself as a gourmet getaway, and at Constance Hotels and Resorts guests can enjoy the island’s famous fusion cuisine of African, Indian, French and Chinese influences.
As Mauritius seeks to become a nation of entrepreneurs, the newly created MauBank has made supporting the island’s SMEs a top priority. CEO Sridhar Nagarajan believes other countries could emulate the bank’s model at a time when governments around the world are trying to find ways to grow this business sector.
Mauritius is looking to push beyond its traditional strength in the tourism and finance sector. A series of wide-reaching reforms in key sectors of the island’s economy make Mauritius’ investment appeal stronger than ever.