Business
Mauritius Sees Foreign Investment Surge to Rs 40.39 Billion, Driven by Finance Boom
Mauritius has recorded a staggering surge in Foreign Direct Investment (FDI), with inflows reaching Rs 40.39 billion during the first nine months of 2025. This represents a significant leap from the Rs 24.81 billion recorded during the same period the previous year, according to the latest figures.
The dramatic 62.8% increase in capital reflects a shifting landscape for Mauritius’s economy.
For the first time, the financial services sector has overtaken real estate as the primary engine of investment growth.
Financial Services Take the Lead
In a notable departure from historical trends, Financial and Insurance activities attracted a massive Rs 18.5 billion between January and September 2025.
This is a monumental rise compared to the Rs 960 million attracted by the sector during the same timeframe in 2024.
While Real Estate activities remain a heavyweight in the Mauritian economy, the sector saw a slight cooling, bringing in Rs 15.65 billion compared to Rs 17.34 billion the previous year.
Within this category, specific luxury and urban development programmes—including the Smart City and Property Development Schemes—accounted for Rs 12.67 billion of the total.
Top Global Contributors
The United Kingdom stands as the largest source of investment for the period, contributing Rs 19.19 billion.
France followed in second place with Rs 7.45 billion, while South Africa rounded out the top three with Rs 2.4 billion.
Other notable contributors included the United States and Germany, both providing over Rs 900 million.
Sectoral Performance and Outlook
Investment by Sector (Comparison Jan-Sept 2024 vs 2025)
| Sector | 2024* | 2025* |
| Agriculture, forestry, and fishing | Rs 507 million | Rs 707 million |
| Manufacturing sector | Rs 244 million | Rs 26 million |
| Electricity, gas, steam, and air conditioning | Rs 326 million | Rs 918 million |
| Construction | Rs 20 million | Rs 17 million |
| Trade and vehicle repair | Rs 162 million | Rs 102 million |
| Transport and storage | Rs 4 million | Rs 1 million |
| Accommodation and food services | Rs 1.23 billion | Rs 27 million |
| Information and communication | Rs 163 million | Rs 849 million |
| Financial and insurance activities | Rs 960 million | Rs 18.5 billion |
| Real Estate activities** | Rs 17.34 billion | Rs 15.65 billion |
| Professional, scientific, and technical activities | Rs 134 million | Rs 137 million |
| Education | Rs 21 million | Rs 6 million |
| Health and social activities | – | Rs 18 million |
Note: Real Estate activities (IRS, RES, IHS, PDS, and Smart City schemes) attracted Rs 12.67 billion in 2025 compared to Rs 12.87 billion in 2024.
Annual FDI Trends
Source: Defi Media