Creation of Economic Development Board Mauritius

The Economic Development Board (EDB) has merged the Board of Investment, Enterprise Mauritius and the Financial Services Promotion Agency.

 

The creation of the Economic Development Board (EDB) which operates under the aegis of the Prime Minister’s Office, was announced in the Budget Speech 2017/2018.  According to the EDB website, the overarching objective is to ensure greater coherence and effectiveness in implementing policies and actions, and to draw the vision for the economic development path to be adopted to reach the high-income economy status.

 

Following the proclamation of the Economic Development Board act 2017, the Board of Investment, Enterprise Mauritius and the Financial Services Promotion Agency have merged into the Economic Development Board with a transitional structure that translate the cor function of the new organization.

 

A press release by the ECD announces the creation of the Economic Development Board as well as new correspondence details to get into contact with the newly formed Economic Development Board.  The press release announces that the EDB has commence as a statutory body as from Monday 15 2018 and thus all staff, assets and liabilities for the defunct institutions (Board of Investment, Enterprise Mauritius and the Financial Services Promotion Agency) are being transferred to the Economic Development Baord with effect from 15 January 2018.

 

All correspondence can be addressed to the Economic Development Board, the physical address and contact details can be found on the EDB website:  www.edbmauritius.org

 

 

Source:

Economic Development Board press release

EDB website