bridging the gap: sharing experiences (mrs prabha chinien, mauritius)
TRANSCRIPT
Bridging the gap
MAURITIUS sharing its experiences
CRF 2011SINGAPORE
MAY 2011
D.P.CHINIEN (Mrs)
REGISTRAR OF COMPANIES MAURITIUS
CRF 2011, MAY 2011 - SINGAPORE
Outline of Presentation
Experience sharing initiative Background Action Plan Objective Approach Outcome
CRF 2011, MAY 2011 - SINGAPORE
Initiative for experience sharing
Strategic location of Mauritius Poised to be the leader in the region Economic trajectory- Diversification of the economy since late 1990s From monocrop economy to diversified one
SUGAR
MANUFACURING (local)
1970
Monocrop Economy
TEXTILE
SUGAR
TOURISM
MANUFACTURING (local)
1980
Manufacturing & Tourism
TEXTILE
SUGAR
TOURISM
FINANCIAL
SERVICES
FREEPORT
1990
Manufacturing & Services Economy
SUGAR
TEXTILE
TOURISM
FINANCIAL SERV.
ICT / BPO
I R S
SEAFOOD
2000
Business
Platform
Economic Trajectory
2010
SUGAR CANE (C)TEXTILE & FASHION
(C)HOSPITALITY (C)SEAFOOD (C)FINANCIAL SERVICT/BPOREAL ESTATE & P DKNOWLEDGE INDMEDICAL SERVRENEWABLE ENERGY
Integrated
Business Platform
CRF 2011, MAY 2011 - SINGAPORE
Background to the initiatives
Aim - For the region to become competitive
Competitiveness of African government to attract FDIs Reforms should concern entire region as opposed to isolated cases Necessary to benefit from the reform expertise and experience of other countries (Mauritius in particular)
CRF 2011, MAY 2011 - SINGAPORE
Action plan
Doing Business Report Peer to Peer learning model strategy adopted in 2010 ( Mauritius event )World Bank invited to facilitate events in the Region Follow up of this initiative in otherRegions e.g Rwanda March 2011
CRF 2011, MAY 2011 - SINGAPORE
Main Objective
To improve business climate of countries in Eastern and Southern Africa to :- Contribute to lowering of trade and investment barriers with aim of increasing FDIs in the region and Global export markets through peer to peer learning
CRF 2011, MAY 2011 - SINGAPORE
Approach adopted
2 phases approach adopted as limited capacity and resources :-First 3 years - focus on regulatory areas covered by Doing Business indicatorsNext 2 years- to expand scope beyond those indicators to include broader competitiveness indicators
CRF 2011, MAY 2011 - SINGAPORE
Methodology adopted
Created a platform for Sharing of experience through –
Workshops Invitation to share experience AttachmentsMemorandum of Understanding signed with 13 Countries
CRF 2011, MAY 2011 - SINGAPORE
Experience Sharing
Invitation to share experience -
African countriesZambiaMalawiRwandaCameroon
CRF 2011, MAY 2011 - SINGAPORE
No. of visits effected including attachment• 16 to 20 Jun 2008
Delegation from the Economic Development Board of Madagascar
• 2 to 4 Mar 2009
Delegation from Zambia
• 14 to 21 Mar 2009
Visit of Officials
from Kenya Investment Authority
• Apr 2009Delegation from Comoros
• 29 Jun to 3 Jul 2009
South African Delegation from IDZ
• 4 to 6 Nov 2009Visit of Officials from Zambia Development Agency & Private Sector Reform Programme
• Jan 2010Delegation from MalawiDemocratic Republic of CongoBurkina Faso
• 16 to 20 Aug 2010]Delegation from Swaziland Investment Promotion Authority
• 22 to 25 Aug 2010Delegation from Zimbabwe
• 29 Nov to 4 Dec 2010Delegation from Cameroon
Inward Delegations
• 16 to 20 June 2008
– Delegation from the Economic Development Board of Madagascar
• 2 to 4 March 2009
– Delegation from Zambia
• 14 to 21 March 2009
– Visit of Officials from Kenya Investment Authority
• April 2009
– Delegation from Comoros
• 29 June to 3 July 2009
– South African Delegation from IDZ
• 4 to 6 November 2009– Visit of Officials from
Zambia Development Agency & Private Sector Reform Programme
• January 2010– Delegation from Malawi– Democratic Republic of
Congo– Burkina Faso
• 16 to 20 August 2010– Delegation from Swaziland
Investment Promotion Authority
• 22 to 25 August 2010– Delegation from Zimbabwe
• 29 November to 4 December 2010– Delegation from Cameroon
CRF 2011, MAY 2011 - SINGAPORE
Memorandum of understanding
• Madagascar
Economic Development Board of Madagascar
• Uganda
Uganda Investment Authority
• Zimbabwe
Zimbabwe Investment Agency
• Comoros
Invest in Comores
• Cape Verde
Cape Verde Investment, Exports
& Tourism Promotion Agency }
• Swaziland
• Botswana
• DRC
• Mozambique
• Seychelles
• Tanzania Investment Centre
• Ken Invest
• Sierra Leone Investment & Export Promotion Agency
CRF 2011, MAY 2011 - SINGAPORE
Results and outcome
Improvement in the business environment and increase in number of businesses created. Top reformers- e.g Rwanda Expected results-increase in the exports and investment Uplifting the standard of living
CRF 2011, MAY 2011 - SINGAPORE
THANK YOU