Doing Business in Mauritius
EENI - Business School.
Subject (Course): International Trade and Business in Mauritius.
- Introduction to the Republic of Mauritius (East Africa).
- Doing Business in Port Louis.
- Mauritian Economy
- Foreign Trade of Mauritius
- Business Opportunities in Mauritius:
- Textile and apparel
- Information and communication technology
- Invest in Mauritius.
- Board of Investment of Mauritius
- Case Study: Mauritius Freeport
- Access to the Mauritian Market
- Business Plan for Mauritius
Objectives of the subject “Doing Business in the Republic of Mauritius”:
- To analyse the Mauritian economy and foreign trade
- To evaluate business opportunities in the Republic of Mauritius
- To explore Mauritius' trade relations with the student's country
- To know Mauritius' Free Trade Agreements (FTAs)
- To analyse the strategic relationship between Mauritius and India
- To develop a business plan for the Mauritian Market
Sample of the subject (Doing Business in Mauritius):
Subject Description (Doing Business in Mauritius).
Mauritius: one of the largest financial centres and one of the fastest growing economies in Africa.
Top ranking in economic governance.
The Republic of Mauritius (Africa)
has moved from a mono-crop sugar dominated economy to diversified services oriented to the global markets.
- Mauritian population: 1.3 millions of people.
- Mauritius has a significant population of Hindus
- Literacy rate: 90%
- The main languages: French, English, and Creole
- Borders (sea) of Mauritius: 2,000 kilometres from East Africa coast. 855 kilometres from Madagascar. Reunion
- Democratic system (British Westminster Parliamentary System)
- The Legal system: British law and French Code Napoleon
- Capital: Port Louis (148,001 people). One of the largest financial centres in Africa.
- Independence: 1968
Religions in Mauritius:
- Hinduism (48%)
- Christianity (33%)
- Islam (17%)
Mauritius belongs to the:
- East African Economic Area of the African Civilisation
area of the Hindu Civilisation
The economy of Mauritius:
- Ideally situated at the crossroads of Europe, Africa, and Asia, the Republic of Mauritius also offers an ideal platform for holding and structuring
investments in many of the fastest growing economies.
- With per capita revenue of 8.891 USD, the Republic of Mauritius is now classified as a
Middle revenue country and ranks, by the recent Human Development Index for 173 countries, 67th globally, 40th among developing countries and second in Africa.
- The total exports of products and services of the Republic of Mauritius augmented by 4.2% to Rs 144,329 million.
- The first African country in the Doing Business Survey (World Bank)and the Ibrahim Index of African Governance
- One of the fastest growing in Africa
- Mauritian GDP growth: 3.7%
- Mauritian GDP: 11.845 billion dollars
- GDP per capita: 8.891 dollars
- Mauritian inflation: 3.9%
- Unemployment: 8%
- Top economic sectors: agriculture (6% of GDP, sugar), export-oriented manufacturing (23% of GDP, textiles and garments), tourism (6% of GDP), and financial and business services (10% of GDP)
- Information and Communication Technology (ICT): call centres, software, and business process outsourcing (BPO)
- Textile and apparel sector: 50% of the total Mauritian exports of goods.
40,000 workers (3.5% of GDP).
- Mauritius: an export-oriented country
- Top export products: textile, fish products, jewellery, watches, diamonds, optical goods, and chemical products
- The total exports of goods: 2,872 million dollars
- The total imports of product: 5,399 million dollars
- Top Mauritian export markets: the UK, France, the United States, Italy, South Africa, Madagascar, and Turkey
- Top suppliers: India, China, France, South Africa, and Spain
- Mauritius Freeport: international trading hub of the Eastern and Southern
- Foreign Direct Investment (FDI) Stock: 2,944 million dollars
- Mauritian Currency: Mauritius Rupee (MUR)
- Excellent business environment
- Stock Exchange of Mauritius; 47 companies listed, capitalisation: 14 billion dollars
- The service sector accounts for 70% of the gross domestic product.
- Leveraging on a long history of political stability, free market economy and good governance, the Republic of Mauritius has entered in a new era of business-friendliness.
- Port Louis is the second largest financial centre in Africa after Johannesburg.
Port Louis is the city with the highest per capita revenue in Africa.
- As a growing business and financial
hub, the Republic of Mauritius offers numerous foreign direct investment opportunities, both on shore and off shore.
- Opportunities are multiple in the conventionally strong economic sectors as well
as in many quickly
emerging sectors of the Republic of Mauritius.
Mauritius has preferential access to…
Preferential access to international markets:
the Republic of Mauritius has secured preferential access to markets values several hundreds of millions of consumers. With the European Union (EU), through the Cotonou Agreement; with the United States under the Africa Growth and Opportunity Act; with Eastern and Southern Africa, through the Common Market for Eastern and Southern Africa and Southern African Development Community.
- COMESA (Common Market for Eastern and Southern Africa)
- SADC (Southern African Development Community)
- COMESA-EAC-SADC Tripartite Agreement
- Indian-Ocean Rim Association (IORA)
- Indian Ocean Commission
- India-Mauritius Agreement
- Turkey-Mauritius Free Trade Agreement (FTA)
- Preferential Trade Area between Mauritius and Pakistan
- Mauritius-United States: AGOA and COMESA-US Trade and Investment Framework Agreement
- Joint Declaration on Cooperation with European Free Trade Association (EFTA)
- Cotonou Agreement (European Union)
Mauritius is a member of:
- African Union (AU)
- African Development Bank
- New Partnership for Africa's Development (NEPAD)
- Economic Commission for Africa (ECA)
- Africa-South America Summit (ASA)
- Forum Africa-China, Forum Africa-India
- Mauritius is an observer country of the South Asian Association for Regional Cooperation (SAARC)