Business
Mauritius’ Foreign Direct Investment Flows to Rs 6.4 Billion
The first quarter of 2024 has seen a significant decline in foreign direct investment (FDI) flows into Mauritius, with estimated inflows totaling Rs 6.4 billion, a decrease from the Rs 7.2 billion recorded in the same period last year.
The real estate sector remains the primary beneficiary of these investments, accounting for a significant share of the total FDI.
The sector, including investments under various schemes such as IRS/RES/IHS/PDS/SCS, has received a substantial amount of Rs 4.8 billion, representing a staggering 75% of the total FDI inflows.
Notably, the majority of these investments have originated from France and South Africa.
This trend highlighted the continued importance of these countries as major sources of FDI for Mauritius.
Source: Le Mauricien