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Construction, start-up and operation of a high-grade beach resort hotel to be operated by the Club Méditerranée Group.
Promoting private sector activities which add value to local resources is one of the prime tasks of the EIB in the framework of the Cotonou Investment Facility. The hospitality industry, where Mauritius has competitive advantage, falls in this context as it represents a driving sector of the country’s economy and a major provider for employment in a country which is facing reduced prices for its sugar and textile exports.
The project has been subject to a full Environmental Impact Assessment procedure, including stakeholders’ consultation, with favourable results.
The promoter has adopted procurement procedures which are usual in the hospitality industry and satisfactory to the EIB.
Tourism / Hospitality