The Prime Minister meets UK investors in the margin of COP 26
6 Nov 2021
The Hon. Prime Minister Pravind Jugnauth on Friday 5 November met with Curzon’s Managing Director Martin Brage and discussed the company’s future investment plans in Mauritius. During the meeting, Mr. Brage stated his intent to invest in various sectors including real estate, tourism, R&D incubators, green energy and smart technology. This UK based investment firm will develop a pipeline of projects under the Smart City Scheme at Le Bouchon. The project will entail a total investment of around £240 million (MUR 14.4 billion) and will create some 5,200 jobs over a period of 5 years. The UK investors will put the right infrastructure to attract entrepreneurs, international start-ups and UK multinational companies.
Apart from meeting with Curzon, the Prime Minister also held a meeting with Mr. Denis Sverdlov, Founder and Chief Executive of Arrival Ltd, in London. The Prime Minister discussed the setting up of a micro-factory by Arrival to manufacture electric vehicles in Mauritius. The Prime Minister asserted that to solve the global climate crisis, vehicles on roads would have to be as clean as possible and the international demand for such vehicles would increase. The project of Arrival for the manufacture of the next generation of vehicle and fleet management in Mauritius is in line with the climate agenda toward achieving the sustainable development goals discussed this week in Glasgow at the COP26.
