BOI Investment Rs 5 md in 3 Years in Higher Education

11 years, 1 month ago - March 06, 2013
BOI Investment Rs 5 md in 3 Years in Higher Educat
The Director General of Board of Investment (BoI), Ken Poonoosamy, reported in the February 2013 newsletter of the agency, forecasts investment of about Rs 5 billion in the sector of higher education in the next three years. In this bulletin, the BoI announces participation Mauritius next week property exhibition, MIPIM, France.

Taking stock of the organization of the Mauritius International Knowledge Investment Forum (MIKIF) 2013 by the BoI last month Ken Poonoosamy writing this high-level conference "has galvanized the support of investors and service providers in the field of international education" and that "gave Mauritius its credentials as credible that country for higher education. " While recognizing that the challenges must be overcome on the way of positioning Mauritius as a center of excellence and knowledge, the Director General of BoI think MIKIF 2013 highlighted the enormous potential of this emerging sector the Mauritian economy and mention in the wake of an investment of 5 billion rupees over the next three years. It also indicates that the country expects this year to the registration of about 2000 international students against approximately 1200 to 2012.

Poonoosamy Ken recalls that the strategy of the investment promotion agency for 2013 places particular emphasis the consolidation of traditional sectors while giving more power to the penetration of emerging markets. The BoI was recently on a mission to India in order to highlight the potential of the platform Mauritius with Indian textile manufacturers who wish to exploit the vast African market by creating an area for their manufacturing operations in Freeport. Trade Corridor India-Mauritius-South Africa for textile, supports the CEO can become a reality very soon. Freeport companies, which export mainly manufactured goods to Africa, can exploit the advantages of the "transformation process into two steps" that provides duty-free access under the SADC Protocol.

actively preparing the BoI Mauritian participation the 2013 edition of International Market Real estate professionals, to be held from March 12 to 15 at the Palais des Festivals in Cannes. In partnership with real estate developers, the BoI plans to seize every opportunity to promote Mauritius as a "business destination attractive and reliable investment partner. MIPIM 2013, indicates the BoI will bring together international actors most influential of all the real estate sector and provide unparalleled access to the largest number of development projects and the sources of capital available.

Mauritian participants will focus on the ability of the island to offer residential projects upscale, availability of local expertise in this area, the favorable business climate and the interest of the business community to work in partnership with investors and international developers. MIPIM not only serves as a barometer of global trends, but it is also an international market where real estate professionals are committed to generate new ideas and making deals and partnerships.

Maurice there will have to a house of 42 square meters where participants can organize presentations and direct meetings with other stakeholders and developers.

Moreover, the BoI announced in its newsletter, signed three cooperation protocols in recent months. Agreements have been concluded with the Investment Support and Promotion Agency of Turkey (ISPAT), the General Authority for Investment and Free Zones (FATF) of Egypt and the Investment and Trade Centre in Malawi. To date, the number of agreements signed by BOI is 22.

 

Text by Le Mauricien

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