Foreign Direct Investments (FDI) from January to October 2009 have amounted to $250 million, according to a release issued by the Bank of Mauritius (BoM) on Friday.
France and the United Kingdom have been the principle sources of investments with hotels benefiting more from FDI with an amount of some $100 million. Investment in real-estate has increased to reach $55 million, said the release.
The release further indicates that much money has been injected in the manufacturing sector and that it is the first time since the last six years that this sector has registered such a high amount of FDI, to the tune of $22 million.
The building industry on the other hand has realized a better performance in relation to last year with a FDI of $2 m illion.
Mauritians in the Diaspora on the other hand have invested some $35 million from January to October 2009 against $38 million last year.
Maldives on the other hand have received the most part of Mauritian Direct Investment (MDI)amounting to $11 million, mainly in the hotel industry, followed by Seychelles – $6.2 million, France about $6 million and Madagascar $3 million.
Source African Press Agency
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