Mauritius has initiated experience sharing with countries in Eastern and Southern Africa to improve their business climates and attract more foreign direct investment. The action plan involves workshops and country delegations visiting Mauritius to learn from its economic reforms. Mauritius has hosted delegations from several countries and signed memorandums of understanding to facilitate the sharing of regulatory best practices. The objective is to help countries enhance competitiveness and increase trade, investment, and standards of living through peer-to-peer learning.
Challenges in Modern Registry Management - US persceptive.
Bridging the Gap Experience
1. Bridging the gap
MAURITIUS sharing its
experiences
D.P.CHINIEN (Mrs)
REGISTRAR OF COMPANIES
MAURITIUS
CRF 2011
SINGAPORE
MAY 2011
2. Outline of Presentation
Experience sharing initiative
Background
Action Plan
Objective
Approach
Outcome
CRF 2011, MAY 2011 - SINGAPORE
3. 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
CRF 2011, MAY 2011 - SINGAPORE
4. Economic Trajectory
SUGAR CANE (C)
TEXTILE & FASHION
(C)
2010 HOSPITALITY (C)
SEAFOOD (C)
SUGAR FINANCIAL SERV
TEXTILE ICT/BPO
REAL ESTATE & P D
TOURISM
KNOWLEDGE IND
2000 FINANCIAL SERV. MEDICAL SERV
ICT / BPO RENEWABLE ENERGY
TEXTILE IRS
SUGAR SEAFOOD
TOURISM
1990 FINANCIAL
SERVICES
FREEPORT
TEXTILE
SUGAR
1980 TOURISM
MANUFACTURING (local)
SUGAR
1970 MANUFACURING
(local)
Monocrop Manufacturing & Manufacturing & Business Integrated
Economy Tourism Services Economy Platform
Business Platform
5. 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
6. 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 other
Regions e.g Rwanda March 2011
CRF 2011, MAY 2011 - SINGAPORE
7. 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
8. Approach adopted
2 phases approach adopted as
limited capacity and resources :-
First 3 years - focus on regulatory
areas covered by Doing Business
indicators
Next 2 years- to expand scope
beyond those indicators to include
broader competitiveness indicators
CRF 2011, MAY 2011 - SINGAPORE
9. Methodology adopted
Created a platform for Sharing of
experience through –
Workshops
Invitation to share experience
Attachments
Memorandum of Understanding
signed with 13 Countries
CRF 2011, MAY 2011 - SINGAPORE
10. Experience Sharing
Invitation to share experience -
African countries
Zambia
Malawi
Rwanda
Cameroon
CRF 2011, MAY 2011 - SINGAPORE
11. No. of visits effected including
attachment
• 16 to 20 Jun from Kenya • 4 to 6 Nov 2009
2008 Investment Visit of Officials from Zambia
Delegation Authority Development Agency & Private
from the • Apr 2009 Sector Reform Programme
• Jan 2010
Economic Delegation Delegation from Malawi
Developme from Democratic Republic of Congo
nt Board of Comoros Burkina Faso
Madagascar • 29 Jun to 3 Jul • 16 to 20 Aug 2010]
• 2 to 4 Mar 2009 Delegation from Swaziland
2009 South Investment Promotion Authority
Delegation African • 22 to 25 Aug 2010
from Delegation Delegation from Zimbabwe
Zambia from IDZ • 29 Nov to 4 Dec 2010
Delegation from Cameroon
• 14 to 21 Mar
2009
Visit of
Officials
CRF 2011, MAY 2011 - SINGAPORE
12. Inward Delegations
• 16 to 20 June 2008 • 4 to 6 November 2009
– Delegation from the – Visit of Officials from
Zambia Development
Economic Development Agency & Private Sector
Board of Madagascar Reform Programme
• 2 to 4 March 2009 • January 2010
– Delegation from Malawi
– Delegation from Zambia
– Democratic Republic of
• 14 to 21 March 2009 Congo
– Visit of Officials from – Burkina Faso
Kenya Investment • 16 to 20 August 2010
Authority – Delegation from Swaziland
Investment Promotion
• April 2009 Authority
– Delegation from • 22 to 25 August 2010
Comoros – Delegation from Zimbabwe
• 29 June to 3 July 2009 • 29 November to 4 December
2010
– South African – Delegation from Cameroon
Delegation from IDZ
13. Memorandum of understanding
• Madagascar • Swaziland
Economic Development Board • Botswana
of Madagascar
• Uganda • DRC
Uganda Investment Authority
• Zimbabwe • Mozambique
Zimbabwe Investment Agency • Seychelles
• Comoros
Invest in Comores • Tanzania Investment Centre
• Cape Verde • Ken Invest
Cape Verde Investment, Exports
& Tourism Promotion Agency } • Sierra Leone Investment
& Export Promotion Agency
CRF 2011, MAY 2011 - SINGAPORE
14. 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