Smaller Default Larger

Pillars of the Economy

Mauritius Pillars of the economyWith its 1.9 million square kilometres of exclusive economic zone, Mauritius will also operate its own marine resources. A rich Exclusive Economic Zone with an abundance of aquatic life. The Port Franc has more than 80,000 cubic meters of cold storage ... Indian Ocean the most important and deep water port can accommodate vessels carrying refrigerated containers of very large capacity.

Finance Mauritius and financial calculationThe Finance and Business segments includes: Financial Services who is emerging as a vital component of the economy in the banking and non-banking offshore sector, such as insurance, stock exchange, leasing etc. These activities take place in Mauritius but are run by people living outside the country. All transactions are made in foreign currency and they fall under the supervision of the Financial Services Commission. Several banks and other international financial companies have chosen to open branches in Mauritius to better capture investment opportunities both in Mauritius and in the region. The numerous drafts of double taxation, investment protection agreements, bilateral agreements and regulatory frameworks are a certain appeal.

Tourist in MauritiusTourism has been designated as the next central pillar of the economy, occupying a considerable share hoping economy developed in recent years. The country will build on the solid foundation that it has already raised in luxury tourism with the plethora of hotel establishments that regularly are classes among the "Best in the world". Other same class institutions will emerge and the IRS projects "Honest Villages Center" that offers permanent residence permits with the purchase of a villa on half a hectare of land in one of these top resorts levels.These cities are popular with an audience in search of tranquility and serenity in a beautiful atmosphere. The government has also liberalized air access and Target Business tourism and conferences and incentive travel while working to make the country an ICT duty.

Manufacturing Industry in MauritiusThe manufacturing sector in the Free Zone, established in 1970, has attracted many foreign investors in textiles, light processing, electronics, jewellery and watches, the press, toys, ship models between other. This has become a pillar of the economy. Mauritian textiles have been proven internationally and is about to reorganize the basket of marketing to cope with globalization. Vertical integration with cotton mills and finishing units has high valued and a fashion design institute is under construction. In light processing, electronics, precision engineering, watch making, exclusive jewellery and costume jewellery, are present. Production of organic and renewable energy - Wind turbine, solar, bio-fuels - has gained momentum with the industrial production of ethanol, which is done in recent years in Mauritius. The manufacturing sector will remain a pillar of the economy with products "Made in Mauritius" which is exported to Europe, the USA, Japan, Australia, South America, Scandinavia, Africa and the Middle East.

Shipping containerAn interesting industry leading on the horizon: the exploitation of ocean industry. This activity includes the bottling of iced mineral water pumps at 1000 metres depths of the Global Conveyor Belt (cold current that goes around the world) that happens to our surroundings. Mauritius has a large aquatic wealth. Water, desalinated beforehand has confirmed virtues. On top of that, it will serve in the air conditioning, natural, hotels and commercial buildings growing out of sight in the island, being in phase of developing forward from last year.