News on Sunday

Eric Ng : “Chinese investors can use Mauritius to invest in Africa”

Eric Ng

Economist Eric Ng believes that this visit will be both beneficial to China and Mauritius. For him, this visit will further enhance the current ties of Mauritius with China. “The Free Trade Area will surely be among the agenda. If this materializes, it will be a real boost for Mauritius. For instance, Mauritius will benefit from no custom duty and no tax. Hence, we will be getting the best product at the best price.”

There are extraordinary technological experts in China. Besides, Mauritius is willing to adopt technologies like AI. China is already in this field and hence, we can learn  from them. We need to attract investors in these areas.

Moreover, he states that China also will benefit from Mauritius, as it can use Mauritius as a stepping stone to enter Africa. “Chinese investors can use Mauritius to invest in Africa. The setting up of Bank of China will ease this further. There will be more developmental projects. Mauritius can be the gateway between China and Africa.”

He further explains that Mauritius can benefit from the technological expertise of China. “There are extraordinary technological experts in China. Besides, Mauritius is willing to adopt technologies like AI. China is already in this field and hence, we can learn from them. We need to attract investors in these areas. Why not make Mauritius a technological viable country?”

Additionally, he argues that Mauritius also has lots to offer to China. For instance, he refers to special sugars, rum and other services. “In terms of global business, Mauritius can position itself in the Chinese market. Why not encourage Chinese investors to pass through the Mauritian offshore?”