• The “Carrefour des Entrepreneurs de l’Ocean Indien’’ in Mauritius to promote business opportunities between the islands in the region

    1 Apr 2015

    The first dinner debate organized by The “Carrefour des Entrepreneurs de l’Ocean Indien’’ (CEOI), in collaboration with Ciel Limited, was held on Wednesday 25 March at the Sugar Beach Hotel in Flic-en-Flac. The dinner discussion was attended by over a hundred Mauritian entrepreneurs and from the Indian Ocean region, and several personalities including France's ambassador in Mauritius, Laurent Garnier, the Secretary General of the Commission of the ocean Indian (IOC), Jean-Claude de l'Estrac, the president of CEOI, Xavier Desplanques and Exective Director of CIEL, Jean-Pierre Dalais. The discussions focused on "What's New in the Mauritian economy."

    Based in Madagascar and launched since nearly fifteen years now, CEOI is an association of business leaders as well as businessmen of the countries of the region including Madagascar, Reunion, Mayotte, Seychelles and Comoros. The purpose of this is to facilitate business exchanges between the entrepreneurs of these countries through discussion dinners.

    Xavier Desplanques, president of CEOI, discussed the business opportunities that exist between countries in the region. "There is a strong complementarity between the islands of the region in business. This dinner debate is an opportunity for business leaders and executives to exchange their business card and eventually to trade, "said the president of CEOI.

    Jean-Pierre Dalais, Executive Director of CIEL, has recalled that the group, which operates in five business segments including Textile, Finance, Agro-Industry, Hotels and Healthcare, is present in Madagascar for more than 25 years through CIEL Textile. "Our various textile units in Madagascar employ some 8,000 people and produce 12 million pieces per year. With the Malagasy Group Hiridjee, we also bought shares in BNI Madagascar and we are very satisfied with the bank's performance. We are pleased of the stability found in the Big Island and we hope that growth will increase, "said Jean-Pierre Dalais.

    Jean-Claude de l'Estrac, Secretary General of the Indian Ocean Commission, announced at the dinner debate that agreement will be signed on June 5, with the European Union to fund a digital connectivity project between Mauritius, Reunion and Madagascar, with the aim to promote the development of inter-island trade. He also announced the establishment of a regional television.

    France's ambassador to Mauritius, Laurent Garnier has highlighted that "Mauritius is fortunate to have a diversified economy." "It is essential to renew and continue to innovate. As for Madagascar, some entrepreneurs need space to other investors. These exchange opportunities are, therefore, very useful, "he added.

    The evening was especially marked by discussions on the theme, "The new trends of the Mauritian economy." Several speakers presented the opportunities and challenges facing certain key sectors of the Mauritian economy including tourism, financial institutions and the sugar industry. Patrick Ng from Ernst & Young and Raju Jaddoo from the Mauritius Chamber of Commerce and Industry (MCCI) spoke about the evolution of the financial economy in Mauritius while Gregory de Clerck, President of AHRIM focused his intervention on the new tourists in Mauritius. As for Patrick d’Arifat CEO of Alteo, he referred to the evolution of the sugar economy and diversification while referring to Alteo, who managed its internationalisation in Tanzania, Kenya and Côte d'Ivoire.

    The debates were also fulfilled with the intervention of Olivier Ribot, partner in a law firm and tax, on the business environment in Madagascar and its evolution and prospects. Maitre Jean Charles Bensussan practicing in the Big Island has, meanwhile, talked about intellectual property and its impact on international trade.

    So many topics discussed and that should help Mauritians and foreign entrepreneurs, who attended the event, to better understand the challenges of key sectors in Mauritius and the business opportunities that exist between the islands in the region.