Mauritius to introduce business facilitation bill
Prime Minister Navin Ramgoolam announced the upcoming Business Facilitation Bill to simplify administrative procedures and improve investor coordination.
Prime Minister Navin Ramgoolam announced the upcoming finalisation of a new Business Facilitation Bill on October 28 at the Maritim Resort & Spa in Balaclava. The bill aims to simplify administrative processes and create a more operational, transparent, and stable business environment. Consultations are underway through the Economic Development Board to identify measures for faster decision-making and improved institutional coordination for investors.
The Prime Minister stated that attracting investments requires strong institutions, respect for the freedom to undertake business, and a rigorous regulatory framework. These elements are essential for maintaining Mauritius's international credibility and competitiveness. The announcement was made during HSBC's 110th anniversary celebration in Mauritius, attended by ministers, diplomats, and private sector leaders.
HSBC's Group Chairman Brendan Nelson affirmed the bank's commitment to serving as a bridge between Mauritian businesses and global markets. HSBC Maurice CEO Hajrah Sakauloo added that the institution will leverage its international network to support Mauritius's growth as a globally connected financial hub.
Why it mattersThe new Business Facilitation Bill aims to make it easier for both local and foreign investors to conduct business in Mauritius.