Mauritius Enhances Captive Insurance Framework to Strengthen the Mauritius International Financial Centre
12 Sep 2024
The EDB welcomed a representative of Energya Industries, leading conglomerate from the Arab Republic of Egypt who are furthering their prospection of the Mauritian and Indian Ocean markets in collaboration with the BioCom group of companies, engaged in trading and consulting. This second visit of Energya has been organised in close collaboration with the Embassy of Egypt in Mauritius, under the supervision of Her Excellency Madam Abir Alam Eldin, Ambassador of the Arab Republic of Egypt.
During the meeting held on 13th February 2024, the Corporate Commercial Director of Energya, Mr. Aladdin Bassiouny highlighted the group’s interest in leveraging the potential of Mauritius as a trade hub for Africa. Mr. Bassiouny provided a comprehensive overview of Energya as a regional manufacturer in the field of electrical industries and building materials for the past 80 years. He particularly emphasized the group’s ethical commitment towards promoting renewable energy projects and sustainability for Africa’s development.
On the other hand, the CEO of EDB welcomed the interest of Energya for the Mauritian market and reiterated its support for forthcoming projects.
Moreover, Energya was also encouraged to look beyond the tender market but also consider Engineering, Procurement & Construction (EPC) opportunities arising from scheme-based projects.
The meeting was attended by Mr. Umar Sayed-Hossen from Biocom and Ms. Jennifer Or from ENL Property.
