TRADE: The Mauritians Are Coming
Recent Western Cape Business News
THE business-friendly Indian Ocean island state of Mauritius will be making a concerted bid to attract local industry to invest in the island at a Buyers and Sellers exhibition in the Cape Town International Convention Centre later this month.
The exhibition on September 22 and 23 has been organised by Enterprise Mauritius, a partnership formed between Mauritian private and public sectors to promote trade and development.
About 30 exhibitors from various sectors of activity, mainly textiles, agricultural products, beverages, printing and the service sectors will be present.
Before independence in 1968, 90 percent of the island’s economy was based on sugar exports but far-sighted economic planning and business-friendly policies have seen per capita income increase from $320 in 1970 to $7 000.
In the early 1970’s it set up an export processing zone resulting in the development of textile and other industries. Major developments in tourism followed and the country now has a booming financial services sector, Information Technology and Business Process Outsourcing industries.
Opportunities exist for agricultural business such as dairy products, livestock and poultry, seafood and the development of processed and preserved foods.
For further details members may contact Mr Rajen Subbamah - Tel: (230) 212 9760. Fax: (230) 212 9767, Email: firstname.lastname@example.org
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