{"id":12302,"date":"2012-07-11T12:28:22","date_gmt":"2012-07-11T10:28:22","guid":{"rendered":"http:\/\/www.myza.co.za\/07\/diversifying-mauritius-sees-steady-investment-flows-in-2012\/"},"modified":"2012-07-11T12:28:22","modified_gmt":"2012-07-11T10:28:22","slug":"diversifying-mauritius-sees-steady-investment-flows-in-2012","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/diversifying-mauritius-sees-steady-investment-flows-in-2012\/","title":{"rendered":"Diversifying Mauritius sees steady investment flows in 2012"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Investment board sees steady FDI despite global slowdown<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Inflows seen going to healthcare, light manufacturing<\/p>\n<p><span><\/span><\/p>\n<p>By Jean Paul Arouff<\/p>\n<p><span><\/span><\/p>\n<p>PORT LOUIS, July 11 (Reuters) &#8211; Mauritius expects this<br \/>\nyear&#8217;s foreign direct investments to at least match those of<br \/>\n2011 despite the global slowdown, with money flowing into a new<br \/>\nrange of sectors of the diversifying Indian Ocean island<br \/>\neconomy.<\/p>\n<p><span><\/span><\/p>\n<p>Maurice Lam, chairman of the Board of Investment, told<br \/>\nReuters the FDI target for this year was 10 billion rupees ($320<br \/>\nmillion), slightly up from last year&#8217;s 9.5 billion rupees.<\/p>\n<p><span><\/span><\/p>\n<p>Famed for its white sand beaches and luxury spas, Mauritius<br \/>\nis shifting an economy traditionally focused on sugar, textiles<br \/>\nand tourism more towards offshore banking, business outsourcing,<br \/>\nluxury real estate and medical tourism.<\/p>\n<p><span><\/span><\/p>\n<p>Lam said the global economic downturn was affecting<br \/>\ninvestment marketing, but based on a slight year on year rise in<br \/>\nforeign direct investment over the first six months, he was<br \/>\nconfident the 2012 total would match last year&#8217;s.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;I have asked the people of the BOI to double their efforts<br \/>\nin order to be able to match last year&#8217;s performance given the<br \/>\nglobal economic context,&#8221; Lam said.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;We should bear in mind that there will be a shift in the<br \/>\namount of FDI as more investments flow into the light<br \/>\nengineering, education and health care sectors.&#8221;<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Investment board sees steady FDI despite global slowdown * Inflows seen going to healthcare, light manufacturing By Jean Paul Arouff PORT LOUIS, July 11 (Reuters) &#8211; Mauritius expects this year&#8217;s foreign direct investments to at least match those of 2011 despite the global slowdown, with money flowing into a new range of sectors of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-12302","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/12302","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=12302"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/12302\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=12302"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=12302"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=12302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}