News

Mauritius Secures $680 Million Indian ‘Ecoomic Package’ for Key Projects

Mauritius Secures $680 Million Indian ‘Ecoomic Package’ for Key Projects
Friday, 12 September 2025 07:37
  • India offers $680M aid to Mauritius for key sectors
  • Funds to support hospital, airport, port, and security
  • Seven bilateral deals signed; trade heavily favors India

India will provide a special economic package worth $680 million to Mauritius, said Foreign Secretary Vikram Misri during a press briefing on the visit of Mauritian Prime Minister Navinchandra Ramgoolam (September 9 to 16).

According to The Tribune India, the aid, which includes grants and credit lines, will support maritime security, infrastructure, and healthcare.

The package allocates an initial $215 million for several projects, including the construction of a new Sir Seewoosagur Ramgoolam National Hospital, the supply of helicopters for Mauritius, the construction of a veterinary school, and the creation of an Ayush Center of Excellence.

An additional $440 million will be used to complete the new air traffic control tower at Mauritius' international airport, acquire port equipment, and develop the M4 motorway. The package also includes $25 million in budgetary assistance for the current fiscal year.

Beyond the financial aid, the two nations have agreed to collaborate on rehabilitating and restructuring Mauritius' port, as well as on developing and monitoring the Chagos Marine Protected Area.

Additionally, Indian Prime Minister Narendra Modi and his Mauritian counterpart signed seven bilateral agreements spanning education, public administration, energy, hydrography, technology, and space cooperation.

India and Mauritius are two nations, but our dreams and destiny are one," Modi said. "India has always supported decolonization and the full recognition of Mauritius's sovereignty. And in this, India has stood firmly with Mauritius."

While the political cooperation between the two countries is highlighted as a win-win partnership, the trade balance currently heavily favors India. According to TradeMap, Mauritius exported approximately $45 million in goods to India in 2024, while importing $746 million from the Asian country.

Espoir Olodo

On the same topic
South Africa e-commerce to exceed 130B rand in 2025 Sector quadrupled since 2020; now 10% of retail spend Amazon, Shein, Temu drive growth...
India offers $680M aid to Mauritius for key sectors Funds to support hospital, airport, port, and security Seven bilateral deals signed;...
• South Africa courts Chinese automakers for EV and hybrid investment• Local production lags, 2024 sales 34% below industry target• Govt considers higher...
• Helios seeks 75-80% stake in Telecom Egypt’s data center• Deal values RDH at up to $260M, pending performance targets• Move expands Helios' data...
Most Read
01

• Benin’s FeexPay and Côte d’Ivoire’s Cinetpay receive BCEAO payment service licenses• Both firms ex...

WAEMU fintech industry strengthens with two new BCEAO regulatory approvals
02

Zenith Bank picks Côte d’Ivoire for $90M debut into Francophone Africa, confirming ambition t...

Zenith Bank Moves to the WAEMU/CEMAC  $92.4 Billion Loan Book Appeal, When Half Seats Are Taken
03

Niger’s economy grew 10.3% in 2024 and is projected to expand 6.6% in 2025. Yet non-performin...

Niger’s rapid growth shadowed by fragile banking sector
04

Nigeria’s fintech landscape has undergone a seismic shift in recent years, driven largely by persist...

In Nigerian, Bank Technology Failures Pushed OPay and PalmPay to Leadership in Daily Payments
05

Ghana is merging loss-making AT Ghana with Telecel to create a stronger rival to dominant MTN. ...

Ghana Government Pushes Telecel–AT Merger to Revive AirtelTigo Investment, as MTN Maintains Market Dominance
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.