Further to the proclamation of the Economic Development Board Act 2017, the Economic Development Board (EDB) was officially set up on Monday 15th January 2018.

The former institutions known as the Board of Investment, Enterprise Mauritius and the Financial Services Promotion Agency have merged into this new organisation.

Operating under the aegis of the Prime Minister’s Office, the EDB has the mandate to, inter alia:

1. provide strong institutional support for strategic economic planning and ensure greater coherence and effectiveness in economic policy formulation;

2. promote Mauritius as an attractive investment and business centre, a competitive export platform as well as an international financial centre;

3. act as the main institution responsible for country branding for investment promotion; and

4. facilitate both inward and outward investment and ensure a conducive business environment.

The main objective of the EDB is to ensure greater coherence and effectiveness in implementing policies and actions, and draw the vision for the economic development path to be adopted to reach the high-income economy status. The EDB is the new entity responsible for a new growth agenda for Mauritius.