DOMAINE DE PLAISANCE

ECONOMIC DEVELOPMENT BOARD

Objectives of the Economic Development Board

Under the Investment Promotion the objects and functions of the Economic Development Board are as follows:

• Stimulate the development, expansion and growth of the economy through the promotion of Mauritius as a business hub and international investment platform;
• To promote and facilitate the development of all forms of investment and commercial activities;
• Formulating policies, programs and marketing strategies and undertaking promotion to attract foreign and local investment, and
• Advising the government on strategies as part of its investment policy, promoting domestic investment and investment monitoring, economic and industrial planning and branding the country.

The functions of the Economic Development Board

The EDB shall perform the functions it considers necessary for the achievement of its objectives, and in particular –

• To improve the business environment and undertake such other activities as may be necessary for the promotion of Mauritius as an attractive platform for investment and an international financial center;
• Preparing, financing, implementing and monitoring programs related to investment promotion strategies;
• Conducting research and undertaking studies to identify investment opportunities;
• To maximize the possibilities and modalities for development of all investments and commercial activities;
• To act as a think-tank to address investment policy issues and to make recommendations to stimulate investment and achieve the government’s economic objectives;
• To coordinate multi-sectoral promotional activities and to be the main actor in all promotional and marketing activities related to investment;
• To examine and register investment projects and to provide the necessary assistance for their implementation;
• To provide the necessary support to investors and independent professionals, including assistance with regard to permits and authorizations necessary for the establishment and start-up of their businesses, rent or purchase of real estate;
• To ensure coordination between the public and private sectors on investment issues and policy decisions that have an impact on investment;
• To act as the single point of contact with all investors and to liaise with the competent authorities for the granting of the permitted occupation, residence permit and other relevant authorizations required by the investor to start up its activities;
• To provide all relevant information to potential investors on any investment issues.