IRS project redefines Mont Choisy landscape

Present on Monday at the ground-breaking ceremony for the final implementation phases of landmark project Le Parc de Mont Choisy, Prime Minister Pravind Jugnauth reaffirmed Government’s determination to transform Mauritius into a safe and well-developed country.  The Prime Minister made an appeal to the private sector to work with the Government in order to boost the business environment for entrepreneurship and businesses to flourish.

During his official address, the Prime Minister commended Mr. Vincent Rogers and his team at Compagnie Sucrière de Mont Choisy for their endeavour in redefining the landscape of the North and for having successfully materialised a project of such magnitude.  He also highlighted that this project has generated around 2,000 jobs, thereby creating opportunities for new development in the tourism sector. The project is being realised with the optimisation of skilled workforce in all fields of construction. Mont Choisy Property Development Ltd (Le Parc de Mont Choisy IRS) was issued an IRS Certificate in April 2015 for the development of 212 residential units (villas, apartments, townhouses and penthouses) and an impressive 18 hole-golf course.   It will further enhance the visibility of Mauritius as a high-end tourist destination and enable the country to diversify its product offerings by hosting more international golf tournaments.

As at date, 70 PDS project proposals/applications have been submitted and more than 38 have been approved, with an investment potential of MUR 30 billion and FDI to the tune of MUR 45 billion. FDI inflows for 2016 increased by 46% compared to 2015. For the first 6 months of 2017, recorded FDI already exceeds MUR 10 billion.