Prime Minister says Ocean economy is high on Government Agenda
December 24, 2015
Domain:Public Utilities; Sustainable Development
Business; Citizen; Government; Non-Citizen
GIS - 24 December, 2015: Ocean Economy, termed as the last frontier of economic growth by numerous experts, is high on Government agenda, said the Prime Minister, Sir Anerood Jugnauth, yesterday at Le Labourdonnais Hotel in Port-Louis.
He was speaking at the signature ceremony of a Deed of Concession between the Government of Mauritius and Urban Cooling Ltd for the Deep Ocean Water Application (DOWA) project. The project which is estimated at Rs 3 billion will primarily tap in the coldness of the deep sea water to be used to cool buildings in the Port Louis city centre with the use of green technology.
In his address Prime Minister Jugnauth described DOWA project as a milestone in the development of the Mauritian Ocean Economy which, he said, will not only change the landscape of sustainable development in Mauritius but also create an economic sector of its own right. He recalled that the project is in line with the international commitment to position Mauritius among the forerunners in innovative marine renewable energies as well as transform the country into a sustainable and low carbon emitter country. At the Paris 2015 UN Climate Change Conference (COP 21) Government pledged to cut greenhouse gas emissions by 30% by 2030.
He further spoke of the wide ranging benefits associated with the deep seawater project which will, through the use of renewable energies, displace a capacity of some 26 Mega Watt of fossil fuel based energy from the national grid. It will not only cut the country’s carbon dioxide emission by 41,700 tonnes per year but also reduce our dependency on fossil fuel related air-conditioning systems. In addition the deep seawater project will save around Rs 175 million on fossil fuel imports per year and help reduce the use of harmful refrigerants that exacerbates global warming.
Sir Anerood also elaborated on the huge spectrum of downstream activities associated with the project which includes high end aquaculture, thalassotherapy, premium bottled water, pharmaceuticals and cosmetics among others.
The Prime Minister was upbeat that the development of this cluster of activities based on innovation and technology, will eventually lead to wealth generation and the creation of high paid jobs for young graduates. On that score he made an appeal to the private sector to venture and seize the vast underlying opportunities of the ocean economy by engaging in similar innovative projects that will take Mauritius to new heights of development.
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