About Mauritius

In just 4 decades, Mauritius has grown from an isolated mono-crop dependent country into a services-led economy enjoying sustained growth.
The Mauritian economy rests on five pillars, namely sugar, tourism, textile, financial services and ICT.

The country has a business-friendly environment and ranks 24th in the World Bank Doing Business Survey 2009. A low tax jurisdiction with investment opportunities in several areas, Mauritius has of late attracted surging amounts of FDI.

The country is also enjoying a growing reputation as one of the world’s top 25 outsourcing destinations.

Read more on Mauritius from the following authoritative sources:

Board of Investment, the Investment Promotion Agency of the Government of Mauritius - The BOI web site is well-documented and covers all areas with identified investment potential. The site is bilingual English/French: www.investmauritius.com

Bank of Mauritius, the Central Bank of the Republic of Mauritius - The site outlines the monetary policy of the government and also provides valuable and up-dated statistics: http://bom.intnet.mu

Financial Services Commission, the Regulator for the non-bank financial sector, including the Mauritius Global Business Jurisdiction - An important source of information namely for entities looking to do business in the growing international financial jurisdiction of Mauritius: www.fscmauritius.org

Facts and Figures

 

Geography and Demography
Location

2,400 km off the south-eastern coast of Africa

Capital

Port Louis

Population

1.3 million, consisting of people of Indian, Chinese, European and African origin

Workforce

606, 500

Main Language

English (official language) and French

Climate

Sub-tropical, with temperatures ranging
from 21°C to 34°C

Time Zone

GMT + 4 hours

 

Government and Legal System

Political status

Multi-party parliamentary democracy.  General elections held every 5 years.

   

Head of State

President

 

 

Head of Government

Prime Minister

 

 

Constitution 

Based on British parliamentary system

 

 

Legal system

Hybrid system drawing both from French Napoleonic Code and English law.  Last court
of appeal is the Judicial Committee of the Privy Council

 

Selected Economic Indicators 2011 (Source: The Mauritian Economy)

Currency

Mauritian Rupee (Rs)

Rate of exchange

EUR: 41.80
GBP: 47.83
USD: 31.55

Tourism arrivals

964,642

Tourism earnings (Rs bn)

42

Real GDP growth rate (%)

4.1

GDP at market prices (Rs bn)

324.8

Inflation rate (%)

6.5

Ratio of Budget Deficit to GDP

3.8% of GDP

Unemployment rate (%)

7.9