The Board of Investment (BOI) signed three MoUs following the recent Mauritius International Investment Forum. The first was signed between the Managing Director of the BOI Prakash Maunthrooa and the vice-president of the South South Global Assets Technology Exchange System (SSGATES), Han Bo.
SS-GATES was set up under the UNDP’s Special Unit for South-South Cooperation (SU/SSC) to act as a global and sustainable south-south transaction platform that facilitates market-driven and transparent exchange of technology, assets, services and financial resources among private sector, public sector, and civil society for the inclusive growth of developing countries.
The other two MoUs were signed with the Namibian Investment Centre and the Centre de Development et des Entreprises du Gabon. They are destined primarily at promoting the outward investment policy of the BOI in the region.
From the embryonic stage over five years, now the Land Based Oceanic Project, now known as Deep Ocean Water Applications Projects, resurfaced after being consigned to oblivion. At the Council of Ministers last Friday, it was noted that several companies have shown their interest in this project. Their proposals are currently under study.
8 years, 7 months ago