Mon Trésor Business Gateway: the future of Mauritius is in the South

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This project by Omnicane is about to revolutionize the south of the island, and positively change the face of commerce in Mauritius. This commercial platform situated at the heart of a smart city propels the small village of Mon Trésor towards the future.

Ideally located, 500 m away from the airport, this Business Gateway project is being built in the midst of Mon Trésor, an ecologically responsible smart city certified two years ago by the government. Its goal is to combine sustainable urbanisation which respects the environment to technology… But also to business, to allow commercial activities to thrive thanks to golden opportunities.

The Mon Trésor Business Gateway

This project involves three major components of equal importance which, together, make it the ideal place for businessmen and entrepreneurs:

An Office Park, with a of 4 green stars rating for its sustainable development plan. It offers a rental service of private offices and co-working areas to local as well as international companies. Several of them have already showed their interest in relocating there: air companies, offshore companies, banks and logistics services, etc.

A Freeport Park: Situated close to the airport cargo village, this free trade zone proposes built spaces as well as parcels for development. Its proximity to the airport makes it a cost-effective logistics and distribution platform for light, high-value and time-sensitive products. It is ideally suited for companies wishing to transform, process and add value to products destined for export within a very low tax regime and preferential market access. It is the perfect platform for those operating in the following industries: freight forwarding, light industrial, jewellery / precious stones processing, electronics, vaulting,pharmaceutical, etc.

Finally, a Commercial Park of over 13 acres will put 50 plots of lands up for sale, available to Mauritians, as well as foreigners.

It is all part of a comprehensive business gateway which falls under the scope of an innovative urbanisation plan, since it will apply to a key zone which opens the country to others.

Relocalisation of Omnicane’s flagship

It is without hesitation that the instigator of this major move in Mon Trésor decided to lead by example, as if to mark its faith in this project. The Omnicane head office will, from September onwards, be situated in what the company sees as “the new commercial pole of the South”. This move from Port-Louis to Mon Trésor will make Omnicane one of the first tenants of the Office Park.

Incentives for investors

Ranked first in Africa over 2017-2018 across several major international benchmarks such as Ease of Doing Business, Governance, Competitiveness, Economic Freedom, Mauritius is today a thriving strategic financial and business hub and a leading investment destination.

Some benefits include 8-year Income Tax holiday for investors under the Smart City Scheme, 100% foreign ownership, free repatriation of profits, no foreign exchange control, double taxation avoidance (DTAs), access to offshore banking facilities. In addition, the country extends to its foreign investors the benefits of its preferential market access conventions - AGOA, European Economic Partnership Agreement, SADC, COMESA, Turkey FTA, Pakistan FTA.

Mauritius has also set seamless and transparent procedures for the issuance of permits; its customs clearing process is now more efficient and cargo handling charges have been reduced.

Residence permits and Mauritian citizenship are also granted based on predefined investment thresholds.

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