General News and Information

Investment opportunities

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Investment opportunities in Mauritius:

Smart Cities:

The Government of Mauritius, through the Smart City Scheme, is offering a plethora of opportunities to global investors to share in the vision of Mauritius in creating intelligent, innovative and sustainable cities of tomorrow

Residential Properties:

Blessed with sunshine all year round, as well as a coastline that is bathed by the warm waters of the Indian Ocean, Mauritius is ‘the place to be’. Ever since the promulgation of a more liberal property market, Mauritius has gained rising popularity with the internationally mobile community comprising HNWIs and influential business personalities.

Hotel Development:

Tourism in Mauritius is one of the fastest growing sectors with an average growth rate of more than 8% over the past years. Sites are available for the development of luxurious hotels to accomodate the growing arrivals of tourists from new and emerging markets

High class business Hotels:

The Air Corridor connecting Africa and Asia and a dominant investment in advanced technology has further cemented the country’s status as an empowered regional business and financial hub. This has propelled the existing business hotels to new heights and has opened significant scope for the growth of business tourism. Undeniably, the development of high-class business hotels is a highly lucrative area with untapped potentials.

Marina:

Mauritius’ stunning natural marine assets are drawcards to attract marine tourists and to further diversify the tourism offering. The development of luxurious residential units has witnessed a large number of HNWIs acquiring yachts and super yachts for their leisure activities. Mauritius has thus tremendous potential to become a heaven for marine leisure activities.

Eco-Tourism:

Eco tourism and eco-friendly destinations have become catch phrases in the tourism industry. With the ambition of government to smooth out tourism seasonality, new avenues in the eco-tourism sector are being explored.

Mauritius is endowed with multifaceted attractions such as mountains, parks, valleys, rivers, sandy beaches, glorious traditions, flora and fauna. The country thus offers fantastic opportunities for eco-tourism development in terms of chalet residences, hiking, trekking, quad biking, mountaineering, bird and dolphin watching

Medical Tourism:

Competitive medical prices, a safe judiciary framework as well as support from highly skilled multilingual professionals in specialised areas and the growing demand for medical services have created opportunities for global investors to invest in this business segment. The island also offers opportunities for investors to set up facilities for recovering patients

Gaming Resorts:

Hospitality and gaming consortia suitable for both business and leisure travellers comprising state-of-the-art convention and exhibition facilities, casinos, themed attractions, entertainment & performance venues and recreational facilities. Hotels and retail have the potential to create an industry for the domestic demand and a growing number of tourists.

Amusement Parks:

Amusement parks are some of the most popular tourist attractions throughout the world. In Mauritius, there is an identified niche waiting to be filled for such attractions. With the increasing number of tourist arrivals, innovation is necessary for a constant rejuvenation of the existing tourist attractions.

The Organising Committee

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Chairman Dr. Taleb Rifai Former Secretary General UNWTO
Members
  • Francois Baird
    • Former Chairman of Edelman Africa
    • CEO Baird CMC
    • (South Africa and USA)
  • Leslie Choudhury
    • Communication & Tourism Expert (Singapore)
  • Omar Ben Yedder
    • Managing Director of IC Publications Ltd UK
    • Publisher of African Business
    • Africa Bankers and New African Women.
  • Sen M. Ramsamy
    • Managing Director
    • Tourism Business Intelligence
    • Vanilla Islands/Africa/Middle East
  • Ibrahim Ayoub
    • CEO Daiichi Display
    • President Skal International Mauritius
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Who will attend?

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ITIC will group the leading voices, luminaries, policy-makers and high net worth individuals from across the tourism sector globally. The Conference will contribute towards shaping and driving the industry forward in a sustainable manner conducive to harmonious socio-economic development in various destinations.

It will stimulate new partnerships among stakeholders and prompt a new dynamism through networking and sharing of information. Delegates will also get acquainted with the latest and upcoming global tourism trends and be exposed to sustainable tourism investment initiatives across the world, with a special focus on Day 2 on Africa and Island Destinations which are on the rise. It will also provide insights into new investment concepts and business models to drive new tourism projects to the next level, worthy of the expectations of the travellers of tomorrow.

The conference has a unique position on the market due to the maturity and high-level experience of its key drivers. It is developed as a tourism industry event, shaped by well-known stakeholders with a view to ensuring that it mirrors the key topics of interest for the travel, tourism and hospitality sector.

The conference will be attended by:

  • Heads of State
  • Tourism Ministers
  • International institutions and policy-makers
  • Destination Management Companies
  • Hotel Chains
  • Airline companies
  • Tourism Projects Owners
  • International tour operators
  • Fintech and Advanced Technology service providers
  • Banks
  • Private Equity Firms and Institutional Investors
  • Venture Capitalists

Delegates’ profile

Delegates will have the opportunity to participate in:

  • Plenary sessions
  • Multilateral and bilateral business meetings

Delegates will have access to:

  • Development finance opportunities for project owners
  • Public officials responsible for the implementation of tourism projects
  • Networking sessions where projects of national importance will be presented
  • Business links with international partners

Message from Chairman Dr. Taleb Rifai

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Defining New Pathways for Sustainable Tourism Development


Travel and tourism has become a major force of globalization, developing and accelerating at a phenomenon pace over the past decades. With improved connectivity, and major innovations in telecommunications and the web, the rate of growth of this sector has been accelerating at record height to stand out as one of the main economic pillars for destinations across the world.

The International Tourism and Investment Conference (ITIC) 2019 is meant to trigger a new thought process in tourism development in the wake of new technological innovation which is now being driven by block chain and artificial intelligence amidst changing geo-political forces.

Whilst world tourism is characterized by large inflows of visitors to Europe, America and Asia and Pacific, the potentials for tourism development in Africa are simply enormous. In focusing on the such developing regions, it is particularly important to highlight the contributions of island destinations in world tourism, as these are very attractive and are becoming the focus of the new generation of world travellers., yet they are particularly more vulnerable.

Likewise, the role of tourism towards more job and wealth creation signals a need for greater women participation and youth involvement in this dynamic industry. Empowering women and our youth to embark on a new and challenging mission for tourism should entail bigger investment and creativity for greater returns and value addition.

ITIC 2019 that will be held in November 2019 in London aims at addressing some of the key issues impacting on travel and tourism with a focus on investment potentials in new destinations, women entrepreneurship, youth empowerment and innovation. A wide cross-section of the business community is expected to participate in this important conference, which will also coincide with the World Travel Market. It will be an ideal platform to meet with key decision-makers, tourism developers, high net worth individuals and hotel promoters in search of new opportunities, as well as consultants and sector specialists from different parts of the world.

The travel and tourism industry has a bright future ahead. The shape and dimension of this industry depends on our vision and actions so it could generate higher returns on investment whilst opening a gateway to new business opportunities for those who dare.

It is therefore a great honor for me to invite you to attend ITIC 2019 ,to held immediately before WTM in London ,so we may all benefit from our collective experience under one roof and thus trigger a new thought leadership for a new economic vision for tourism. Let us join hands together to propel tourism to greater heights for economic wellbeing, social advancement, and innovation.

Beyond its economic importance to societies, our sector is yet fulfilling another noble mission. Tourism is a process of cultural exchange . It is a sector that deals primarily with human beings in search of experience, wellness and prosperity in a spirit of harmonious interactions with peoples of different origins, cultures and lifestyles.

Defining new pathways and investing in tourism is bound to create a new momentum that should help Governments, the business community and host nations at large to reap the benefits of tourism in a responsible, equitable and sustainable manner. It is just a matter of vision peppered with a good dose of audacity. Let us therefore follow our common dreams and see you all soon at ITIC 2019.

Dr. Taleb Rifai
Chairman
ITIC Advisory Board and Former Secretary-General, UNWTO
18 June 2018, London