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Development

development mauritius

The Mauritian economy is considered one of the most successful in Africa and is often cited as an example of a long-term stable economy. The Mauritius economy has developed from being reliant solely on sugar revenues (Agriculture) to a more diverse economy with five major pillars: sugar, tourism, textiles, financial services and IT.

Traditionally sugar was the main source of income for Mauritius but diversification gave rise to new pillars to create a stronger economy.

In spite of its small economic size, limited natural resources and remoteness from world markets; Mauritius has transformed itself from a poor sugar economy into one of the most successful economies in Africa in recent decades, largely through reliance on trade-led development but also its ability to negotiate tax, investment and financial agreements with Asian and African countries that established Mauritius as an financial transit hub and tax haven both in the Grey zone thus, attracting foreign companies and investors to the benefit of the country.

Technology also occupies a prominent place within the economy and is gradually positioning itself as one of the most important sources of income for the country.

The production of sugarcane in Mauritius The sugar production process includes the following stages and elements:
Harvesting - The cut or harvest is generally from June to November. This is completed manually with a sickle or mechanically. Then the cargo is transported to the factory.
The factory – includes: grinding mills, heaters, decanters, evaporators, cookers, mixers and centrifuges, plus lots of water to heat the syrup when steamed
Stripping - The cane is stripped of their leaves and chopped into small pieces before going through the grinding mills.
Grinding – Fibre cane pieces fall through the horizontal cylinders which crush the dense fibre cane as they turn to extract the juices.

Sugar molasses storage in factoryUnder British occupation, the sugar industry thrived in Mauritius. The first governor, Robert Townsend Farquhar, brought about rapid social and economic change. Slavery was abolished on 1 February 1835 and the planters were compensated in the amount of two million pounds sterling for the loss of their slaves who had been imported from Africa and Madagascar during the period of French occupation. Sugar plantations increased, more sugar factories were built and were made more efficient with the introduction of new technology, as competition grew. Preferential prices for sugar exports to Britain were negotiated and sugar became a very important commodity.

 

The quality of sugar in MauritiusPreviously sugar was exported to the EU from Mauritius under the Sugar Protocol that was signed between the EU and the ACP (African, Caribbean and Pacific Group of States) countries where Mauritius was allocated an annual quota of 507,000 tonnes of raw sugar at a guaranteed price. Since the EU ended this quota in 2009, the price of sugar fell and Mauritius had to diversify its sugar industry in order to survive.