The Bank of Mauritius released the provisional Gross Direct Investment statistics for calendar year 2017. The figures show that the gross direct investment flows in Mauritius have been estimated at Rs14,288 million for 2017 which is higher than the recorded Rs13,648 million in 2016. This means that FDI inflows into the Mauritian economy for period January to December 2017 witnessed an increase of 4.4 % as compared to the previous year.
Taking a closer look at the different sectors, it is clear that the “Real estate activities” sector was the major recipient with inflows amounting to Rs8,793 million with the bulk being under the IRS/RES/HIS/PDS which amounted to Rs5,775 million. Other key beneficiaries with inflows was the “Financial and insurance activities” (Rs3,323 million) and the “Construction” section (Rs1,051 million).
Gross Direct Investment Flows in Mauritius showed that the developed countries amounted to Rs9,737. France and Luxembourg accounted for 50% of total gross direct investment inflows. Direct investment to Kenya totaled Rs912 million while those channeled to France amounted to Rs221 million.
Please download the official figures HERE
Source: Bank of Mauritius
Photo: Shutterstock
Alternate Directorship The FSC Mauritius has been receiving copies of statutory filings for the appointment of alternate directors of licensees whereby the …
5AMLD: Council of the European Union accepts new rules Members of Parliament voted on the Fifth Anti-Money Laundering Directive (5AMLD) on …
Mauritius removed from the OECD’s list of countries operating potential high-risk Residence/Citizenship by Investment Schemes The Economic Development Board of Mauritius …