Government policy in Mauritius is firmly centred on promoting foreign and domestic investment. In recent years Mauritius has been especially intent on attracting foreign direct investment from emerging economies. Multiple reforms have been undertaken in this perspective, including strengthening legal provisions for investor protection, opening most economic sectors to foreign ownership, establishing the Mauritius Board of Investment, and widespread simplification of doing business procedures.
To reinforce these reforms and continue to improve its business climate, the government of Mauritius, in partnership with the OECD and NEPAD, began a comprehensive review of its investment policies in 2012.
The resulting review finds that, while numerous policy advances have been achieved, several systemic challenges have come to the fore in recent years. To address these, the review makes a series of recommendations in the form of policy options. These have been discussed in detail with government stakeholders, and some have already been reflected in the government budget for 2013-2014.
The review is based on the OECD Policy Framework for Investment and undertaken within the framework of the NEPAD-OECD Africa Investment Initiative with the support of the Government of Finland.
More country investment policy reviews.
This PowerPoint presentation by Nirmala Jeetah of the Mauritius Board of Investment describes how the Mauritius government is using the Policy Framework for Investment and implementing the policy reforms suggested in the review.