The Bank of Mauritius (BOM) has recently released the foreign direct investment (FDI) statistics for the year 2017. Inward FDI to Mauritius has surged to MUR 14.2 billion, representing an increase of 4.4% compared to the previous year.

The sector attracting most FDI was Real Estate, which received MUR 8.8, representing 61.8% of the total FDI to the country and of which MUR 5.8 billion are attributed to the Integrated Resort Scheme, Real Estate Scheme, Invest Hotel Scheme & Property Development Scheme. The second largest recipient of FDI was the Financial Services sector, which recorded MUR 3.3 billion, equivalent to 23.4% of the total FDI to the Mauritius, followed by the Education sector which was recipient to some MUR 163 million.

The majority of these FDI influxes came from developed countries, with France and Luxembourg bringing in MUR 4.3 billion and MUR 3.3 billion respectively, and together representing 54% of the total FDI to Mauritius.

Outward investment increased from MUR 1.6 billion in 2016 to MUR 2.5 billion in 2017 and mostly targeted the financial services sector (MUR 1.1 billion), and the manufacturing sector (MUR 620 million). Outward investment went mainly to developing countries, with Africa being the biggest recipient with an FDI amount of MUR 1.4 billion.

The BOM’s statistical release can be accessed here.