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Chinese developers show interest in smart city project

Date: October 28, 2015
Domain:Economy & Finance; Foreign Affairs; International Relations
Persona: Business; Citizen; Government; Non-Citizen
 

GIS - 28 October, 2015: A team of Chinese developers, sent by the Government of the People’s Republic of China to discuss investment opportunities in various sectors of the economy, has expressed its interests to invest in the Smart City project and in the development of hotel and casino in Mauritius.
According to a communiqué of the Office of the Vice Prime Minister, these are the main highlights of discussions between the Vice Prime Minister, Minister of Housing and Lands, Mr Showkutally Soodhun, and the Chinese developers, who arrived in Mauritius on 27 October 2015.
 
The mission of the Chinese developers in Mauritius follows the visit of Vice Prime Minister Soodhun in China from 10 to 14 October 2015. It is recalled that the visit in China focused on trade promotion activities and road shows to attract foreign investment. Mr Soodhun thus met with several leaders of the ruling party and presented Government’s vision: “Achieving the Second Economic Miracle and Vision 2030” which includes the smart city project.
 
The smart city project is a new initiative to stimulate innovative scientific and technological activities, provide technology-driven facilities to the business community and create a vibrant city lifestyle. It entails the provision of an enabling framework and a package of attractive fiscal and non-fiscal incentives to investors for the development of smart cities across the island.
 
In their working session with Mr Soodhun, the Chinese developers stated that they were looking for potential locations to set up their projects. A second team, which will comprise representatives of the Chinese Government, is expected in Mauritius in late November for other meetings to implement the projects.
 
During their visit, the Chinese developers also had working sessions with the Minister of Finance and Economic Development, Mr Seetanah Lutchmeenaraidoo, and the Board of Investment.
  
Special envoy from Saudi Arabia conducts trade mission in Mauritius
It is also noted that following the mission of Vice Prime Minister Soodhun in Saudi Arabia where he met with the Deputy Crown Prince, Second Deputy Premier and Defence Minister, Prince Mohammad bin Salman, the latter sent his special envoy, Mr Ahmed Al Khateeb, in Mauritius during the weekend.
 
The representative of the Royal Court, Mr Al Khateeb, had several working sessions with the Vice Prime Minister, Minister of Housing and Lands, Mr Showkutally Soodhun, the Minister of Finance and Economic Development, Mr Seetanah Lutchmeenaraidoo, and the Board of Investment. Saudi Arabia is considering investment in the smart city project, as well as in the construction of a hotel, fishing port and maritime hub.
    
Government Information Service, Prime Minister’s Office, Level 6, New Government Centre, Port Louis, Mauritius. Email: gis@mail.gov.mu.mu Website:http://gis.gov.mu
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