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OECD Investment Policy Reviews: Mauritius 2014

image of OECD Investment Policy Reviews: Mauritius 2014

This review illustrates the significant progress made by the government of Mauritius in improving its investment climate in recent years. It highlights major initiatives and specific policy measures undertaken, as well as areas that need further reforms to attract more and better investment, both domestic and foreign. While numerous policy advances have been achieved, this review identifies remaining challenges and policy options.

English

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Investment policy in Mauritius

Mauritian laws and regulations dealing with investments and investors provide for a predictable and transparent regime. Mauritius’ investment climate is generally open, although several restrictions apply in various sectors to both domestic and foreign investors. Investors’ rights are soundly protected both by domestic law and through international commitments. Over the last decade, the government has also updated its Intellectual Property Rights framework to enable the country to become a leading knowledge-based economy. Access to dispute settlement by investors has been facilitated with the establishment of a Commercial Division of the Supreme Court. There have thus been a wide range of laudable efforts to modernise and streamline the regulatory framework for investment. Nevertheless this framework is still dispersed over various legal and regulatory instruments, and sectoral regulations are administered by distinct public agencies. A number of recommendations can therefore be made to further improve and clarify the investment policy framework.

English

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