Setting up Eco-Friendly Industrial Parks for Smart & High Precision Manufacturing
Project Description
Development of a modern, eco-friendly and smart industrial park in Mauritius with “plug-and-play” infrastructure to host high-tech manufacturing activities.
Targeted sectors include precision engineering parts and components, OEMs (automobile, aircraft and helicopter parts), electric vehicle parts, UAVs (drones), electronics, technical and medical textiles, and renewable energy technologies.
The project will position Mauritius as a production platform to serve Africa and other export markets.
Project Location:
Mauritius
Contact
Economic Development Board
Actions Required/ Implementation Arrangements/ Contract Type:
Fiscal Incentives:
- Land provided by Government
- 5% corporate tax, with 3% on export profits
- No import/export duties
- VAT exemptions and reimbursements
- Accelerated depreciation
- Eight-year tax holiday for high-tech manufacturing via Investment Certificate
- Bespoke incentives under the Premium Investor Certificate for projects from Rs 500 million (investment above USD 11 million)
Export Incentives:
- Freight rebate scheme (up to 27% refund on ocean freight)
- Trade promotion & marketing scheme (40% refund on air freight)
- SME refund scheme for international fairs.
Labour support: Streamlined expatriate recruitment and 10-year work permits for skilled professionals.
In the context of global uncertainty and trade disputes, this project provides an opportunity for investors to position Mauritius as a strategic location in their global value chain as an investment base for the high-tech sector.
Investment Required
USD 8 to 15 million (development of smart industrial park and related facilities)
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Country
Mauritius
Location (s)
Sector
Manufacturing & Industry
Sub Sector
Machinery and Equipment
Investment Value Range
10-25 million USD
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