Charles Cartier : “We will spare no efforts in realising the Mauritian dream”

The Economic Development Board, formerly known as Board of Investment, has released its first newsletter and Joseph E. Charles Cartier states that the EDB, born out of the merger of the Board of Investment, the Financial Services Promotion Agency and Enterprise Mauritius’ objectives do not limit themselves to GDP growth.

“Our model of development and the structural transformation that we have undergone have often earned the plaudits of international organisations and neighbour countries. The sustained growth that we have achieved has furthermore translated into an improvement in the quality of life of the population. We have today modern infrastructure, excellent connectivity and free access to healthcare and education. Several factors have been attributed to this success, including preferential access to markets, strong institutions or favourable conditions. The most important variable, however, was the peerless determination of the Mauritian population to succeed where they were expected to fail, and the willingness to go beyond established frontiers is today stronger than ever. The Economic Development Board is yet another example of this trait that has characterized our nation even before independence. There have been constant changes in our institutional landscape over the last five decades to propel Mauritius where it is today, and the EDB has been created in this very spirit.”