ARTICLE
20 January 2023

Prime Minister, Mr. Pravind Kumar Jugnauth Provided Consent To Facilitate Investments Valued At MUR 31 Billion

AF
AXIS Fiduciary Ltd

Contributor

Axis Fiduciary Ltd (“Axis”) is a specialist service provider offering a full spectrum of corporate, fiduciary and fund services to a diversified client base. We set up companies, trusts, funds, foundations, partnerships and other legal entities and provide the necessary fiduciary, corporate, secretarial, administration, accounting, tax and other ancillary and support services. Axis is licensed by the Financial Services Commission of Mauritius as a Management Company. We also has a presence in Seychelles
Mr. Pravind Kumar Jugnauth, Prime Minister of Mauritius reviewed 33 private investment projects on the 17th of January 2023 with a total investment value of Rs 31 billion...
Mauritius Government, Public Sector
To print this article, all you need is to be registered or login on Mondaq.com.

Mr. Pravind Kumar Jugnauth, Prime Minister of Mauritius reviewed 33 private investment projects on the 17th of January 2023 with a total investment value of Rs 31 billion for facilitation of permits and licences and other bottlenecks to their implementation. 

The three-year projects driven by the private sector will be put into action and will add to the existing pipeline of projects that are already under construction or implementation. The projects cover a variety of industries, including manufacturing, tourism, real estate, the maritime economy, and healthcare.

Among these projects, were private clinics and senior living retirement projects, which falls in line with EDB's strategy to promote Mauritius as a wellness and medical tourism hub as well as a destination for foreign retirees. The CEO of EDB Mr. Poonoosamy is confident that the new projects will contribute to the growth, investments and create jobs in the country. He further added that it also demonstrates the belief of the private sector to continue to reinvest in the economy and projecting Mauritius as a prime destination for foreign investors.

Read more about the news  HERE.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See More Popular Content From

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More