Over the last five decades, the Mauritian economy has gone through various stages of economic transformation, transitioning from a sugar-based economy to a diversified and dynamic economic model. Leveraging on its geographic strategic location and impressive economic trajectory, Mauritius has successfully positioned itself as a regional hub.
Today, Mauritius is a well-established business destination for investors seeking a secure investment climate, a conducive business environment, political stability, transparent regulations, high value-addition and an efficient financial ecosystem offering a plethora of services. As an innovation driven and knowledge-based economy, Mauritius is underpinned by a broad spectrum of sectors which offers a number of excellent business opportunities in numerous fields: agro-industry, aqua-culture and ocean economy, education, financial services, healthcare, hospitality, property development and smart cities, ICT-BPO, life sciences, logistics, manufacturing, media and creative industries, amongst others.
In its quest to become a high-income economy, Mauritius is actively attracting foreign investors to explore its thriving business environment and its unique lifestyle in a peaceful blend of cultures. In turn, investors acknowledge the numerous advantages and opportunities to set their businesses in Mauritius. The appeal and economic track-record of Mauritius exudes a sense of trust, stability and confidence which is recognised by the international community.
For instance, there are a number of compelling reasons that investors consider prior investing and living in Mauritius, notably:
- Ease of doing business – Mauritius ranks 1st in Africa in the World Bank Doing Business 2019;
- Political stability – 1st in Africa for the Democracy Index 2017 (The Economist Intelligence Unit);
- Good governance - Mauritius ranks 1st in Africa for the Mo Ibrahim Index of African Governance 2018;
- Economic democracy – 1st in Africa for the Index of Economic Freedom – Heritage Foundation, and 1st in Africa in the Economic Freedom of the World – Fraser Institute;
- A robust and independent legal system with the Privy Council as the ultimate court of appeal;
- Mauritius offers competitive operational cost;
- Skilled and bilingual (English/French) workforce;
- Investment-friendly regulatory regime;
- Open to foreign investors and talents;
- Ocean State with one of the largest Exclusive Economic Zones in the world;
- State-of-the-art technological infrastructure; and,
- Convenient time zone (GMT +4).
Mauritius has a liberal trading policy coupled with state-of-the-art logistics infrastructure and reliable support services which is fully integrated into the international trade eco-system.
Mauritius is a key member of regional economic blocs such as the African Union, COMESA, SADC and the Indian Ocean Rim, benefiting from no trade barriers. Mauritius also enjoys preferential market access to several export destination through a wide network of trade agreements notably with the European Union and the USA.
In fact, Mauritius has over the years implemented effective strategies to drive international exports and to diversify its economy. The export and trade activities consist of a diversified portfolio of products which consists of medical devices, textile and apparel, seafood, sugar, jewellery, amongst others.
|No||Index||Global Rank||Africa Rank|
|1||World Bank Doing Business 2019||20 out of 190 countries||1st|
|2||Global Competitiveness Index 2018-2019||49 out of 140 countries||1st|
|3||Corruption Perceptions Index 2018 - (Transparency International)||56 out of 180 countries||6th|
|4||International Property Rights Index 2016||34 out of 128 countries||3rd|
|5||Mo Ibrahim Index of African Governance 2018||-||1st|
|6||Press Freedom Index 2017 - (Reporters without Borders)||56 out of 180 countries||5th|
|7||The A.T. Kearney Global Services Location Index 2016||30 out of 50 countries||3rd|
|8||2018 Index of Economic Freedom - (Heritage Foundation)||21 out of 180 countries||1st|
|9||Economic Freedom of the World 2018- (Fraser Institute)||8 out of 162 countries||1st|
|10||Human Development Index 2016||64 out of 188 countries||2nd|
|11||Democracy Index 2017 – The Economist Intelligence Unit – Full Democracy||16 out of 167 countries||1st|
|12||Knowledge Economy Index 2012 - World Bank||62 out of 145 countries||1st|
|13||Global Enabling Trade Report 2016 - World Economic Forum||39 out of 136 countries||1st|
|14||Environmental Performance Index 2016||77 out of 180 countries||1st|
|15||Mercer’s 2016 Quality of Living Survey||83 out of 230 countries||1st|
|16||E-Government Development Index 2016||58 out of 193 countries||1st|
|17||Global Information Technology Report 2016||49 out of 139 countries||1st|
|18||ITU - Measuring the Information Society Report 2016||73 out of 175 countries||1st|
|19||Forbes Survey of Best Countries for Business 2019||39 out of 161 countries||1st|
|20||The Travel and Tourism Competitiveness 2017||55 out of 136 countries||2nd|
|21||Social Progress Index 2016||40 out of 133 countries||1st|