Launch of the E-Licensing Project in the Republic of Mauritius to improve the business and investment climate
On the 10th of May 2018, the European Union and the Republic of Mauritius released a joint release regarding the launch of the E-Licencing Project in Mauritius. The Ambassador of the European Union to the Republic of Mauritius, Marjaana Sall and the Hon Prime Minister and Minister of Finance and Economic Development, the Honourable Pravind Jugnauth launched the E-licensing Project designed to boost investment, steer economic growth, job creation and sustainable development.
According to the Ambassador of the European Union to the Republic of Mauritius, H.E. Marjaana Sall the event bears testimony that the European Union attaches great importance to its partnership with the Republic of Mauritius under the Economic Partnership agreement. He noted that this project will enhance doing business and investment climate and contribute to economic growth. The Chairman of the Economic Development Board, Mr Charles Cartier, said: “Improving the business and investment climate has become key to sustain the level of economic development and Mauritius has made tremendous progress in that regard so far. One of the main objectives of the EDB is to ensure that Mauritius has a conducive business environment and for which several projects are running concurrently. The E-Licensing platform co-funded by the European Union abound in the same direction. A central repository of all business licences will be created to provide a transparent, streamlined and rule-based access to licensing procedures.”
The E-Licensing Project will enable Mauritius to process permit applications through an electronic platform, creating a single point of entry for business permits and licences. This program aims to facilitate the business and investment environment by reducing the number of business permit applications and the time taken to obtain business licences and permits.
Under this project, Mauritius will be able to process permit applications through an electronic platform which will be a single point of entry for business permits and licences which will lead to more efficient practice. Transparency and predictability will improve as well as a reduction in uncertainty in the investment decision making process. The EU support will also enhance the policy and regulatory framework to enhance compliance and foster business development.
Read the joint release HERE for more information and the full press release.
Source: European Union