Cote d’Or Smart City Ltd
Project Description
Development of an administrative city comprising government office buildings, embassy offices, a business hotel, a shopping center, banks & service facilities, mixed use offices, retail, showrooms, high-rise mixed-use facilities, residential projects within the Cote d’Or Smart City and complete infrastructure to service the whole site at Cote d’Or.
A masterplan has already been finalised by Landscope (Mauritius) Ltd on over 240 A26p for the smart city project at Cote d’Or in the district of Moka. Cote d’Or Smart City Ltd holds a letter of intent, dated 10 September 2024, under the smart city scheme issued by the EDB.
The project will follow a sequential approach to development as the site is found in a growth zone, strategically located between the thriving Ebene Cybercity, the newly built Tribeca Smart City, the Réduit Education Hub, the burgeoning Moka Smart City and the Cote d’or Technopole.
The proposed Administrative City will create a synergy that promotes innovation and knowledge sharing and will offer a high quality of life for the residents.
Project Location:
Mauritius
Contact
Economic Development Board
Actions Required/ Implementation Arrangements/ Contract Type:
Cote d’Or Smart City Ltd
Availability of Pre-feasibility Studies, Feasibility Studies, and other Studies:
Incentives:
Developers will benefit from all incentives under the smart city scheme including:
- Recover VAT on building and capital goods
- No customs duty on any dutiable goods, except furniture, for infrastructure and buildings
- No customs duty on furniture if value addition of at least 20% of the CIF value at import is carried out locally
- Accelerated annual allowance of 50% on energy-efficient equipment, noise-control device, water-efficient plant/ machinery, rainwater harvesting equipment, etc
- The proposed business hotel, shopping centre, banks & service facilities, mixed use offices, retail, showrooms, high rise mixed-use facilities, residential projects will be developed by private companies.
Estimated Cost of the Project:
USD 330 million (for infrastructure, government buildings, etc)
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Country
Mauritius
Location (s)
Sector
Real Estate
Sub Sector
Construction & Development
Investment Value Range
+ 100 million USD
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