Energya Industries, leading conglomerate from Egypt prospects the Mauritius energy sector
20 Fév 2024
The Government of Mauritius announced in the 2021-2022 Budget Speech, the setting up of the Mauritius Institute of Biotechnology Ltd (MIBL) with a seed capital of around USD 25 million. In line with the international dynamics and recommendations of the World Health Organisation with regard to COVID-19 vaccine demand, the 2022-2023 Budget Speech extended the mandate of the MIBL beyond vaccine manufacturing. Following consultations with relevant stakeholders, the World Health Organisation and MIBL’s consultants, provided by the European Union, it has been determined that Mauritius has strong competitive advantage and unique selling points in different segments of the biotechnology and pharmaceutical industry.
An Inter-Ministerial Committee has been set up to fast track the development of the pharmaceutical industry in Mauritius. A Technical Committee under the chairmanship of the Financial Secretary comprising of relevant stakeholders including the Ministry of Finance, MIBL, EDB, Ministry of Health, among others has identified short, medium and long term priorities which relate namely but not limited to:
Thereby, the Mauritius Institute of Biotechnology Ltd/ Economic Development Board/ Technical Committee under the Inter-Ministerial Committee for the Development of the Pharmaceutical Industry in Mauritius under the Chairmanship of the Financial Secretary is inviting interests for partnerships for the structuring of a Hi-Tech Pharmaceutical Industry in Mauritius.
The competitive edge of Mauritius is strategized along the following advantages:
Applicants are invited to submit intentions to set up facilities in the above-mentioned segments and partnership interests with the MIBL in terms of seed financing.
Applicants can submit their interests by latest 30th August 2022 by providing the below documents through the following email address: email@example.com
This expression of interest is a collaboration between the Mauritius Institute of Biotechnology, Economic Development Board and the Technical Committee under the Inter-Ministerial Committee for the development of the Pharmaceutical Industry in Mauritius.