Investment opportunities in Mauritius – Mr Ken Poonoosamy, MD Board of Investment, Mauritius. With more than 46 cities in Africa swelling to populations of a million people or more — and 17 of the world's 100 fastest-growing cities located in Africa — there is an acute need to develop housing solutions for so many urban residents. But raising the capital to meet that growing demand for housing remains a significant challenge. In 2013, the African Union for Housing Finance (AUHF) will host a conference under the theme "Raising Capital for Housing Finance.” The Africa-China Urban Initiative will organize a conference panel discussion on "Understanding (and harnessing) Chinese investment interest." Chinese investment in residential development in Africa is increasingly having an impact and demonstrating a track record of opportunity and experience. Panelists invited include Chinese investors setting out their experiences and expectations for the market and an African corporation that has received Chinese financing. http://urban-africa-china.angonet.org/content/29th-annual-conference-mobilising-capital-housing-finance

1. African Union for Housing Finance:
Investment Opportunities in Mauritius
www.investmauritius.com
12th September 2013

2. AGENDA
Overview of Hospitality and Property Industry in Mauritius
Sector Evolution & Main Developments
Investment Opportunities
Mauritius as a platform for Real Estate Investments
Why Mauritius

3. Overview: Hospitality and Property Industry
GDP (2012)
Construction Industry
6.3%
Real Estate Activities
5.5%
Number of Permits Issued (2012)
Residential
6,081
Non Residential
475
Floor Area Covered (2012, 000 m2 )
Residential
1,037
Non Residential
150.20
Employment (2012)
Construction
53,100
Real Estate Activities
900
Construction & Real
Estate Activities
54,000
FDI (2012, USD $ million)
Real Estate activities
170
Construction
59

4. Sector Evolution and Major Developments
Acquisition of apartment by
permanent residence permit
holders
Opening up of Economy –
Development of new IRS
Framework
2006-2007
Development of RES
Framework and introduction
of RES Scheme
IRS
2007-2008
RES
Review of RES/IRS
Framework
2008-2009
Introduction of IHS
Scheme
IHS
2009-2010
Acquisition of property by OP
holders 2013 (Investor and
professionals)
Mixed
Use
2011-2013
Anahita
Domaine des Alizees
Long Beach
Grand Baie la Croissette
Tamarina
Tamarin Villas
Ritz Calton*
Bagatelle Mall of Mauritius
Belle Riviere
Sunset View in paradise
Oberoi*
Matala
Grand Baie La Croissette
Club Med
Villa Valriche
La Balise Marina

5. Foreign Direct Investment in Hospitality & Property
Development
234
250
241
198
212
185
FDI in
Hospitality/
Property
150
103
7
7
2003
17
43
20
2006
93
87
41
2009
69
67
111
FDI in
Residential
Projects
2012

6. Investment Opportunities
Integrated Resort Scheme
Development of high
end luxurious villas
Minimum investment
amount – USD 500,
000
NO OF UNITS SOLD (2012)
Real Estate Scheme
Development of
luxurious villas and
apartments
No minimum
investment amount
17
Invest Hotel Scheme
IHS
Shared ownership
through equity
participation
IRS
Rooms or other part of
the hotel can be sold to
individual investors
Ownership of hotel
rooms or any other part
of the hotel with a
fractional undivided
interest in the common
areas
80
169
RES

7. Investment Opportunities
Marina and waterfront developments
Urban regeneration project
Mixed use private and commercial island
development
Hotels catering for Asian tourists
New Areas of Development

8. Financial Platform
Structuring, administration and management of real estate
and property investment vehicles for the region
Property/Real
Estate Funds
Trusts
Investment
Holdings

9. Financial Platform
Capital Raising Venue
for global property
investors
Internationally
Recognised Exchange
Possibility for Dual
listings

10. Why Mauritius
Political &
Social Stability
Proven
Jurisdiction of
Substance
Active member
of COMESA &
SADC
World Class
Regulations
Innovative
Investment
Vehicles
Pool of
bilingual
Professionals
Eco-System
(Stock
Exchange)
Fiscal Efficiency
Risk Mitigation

11. Thank You