Mauritius expects higher growth driven by construction sector
Friday, 30 June 2017 11:25
Mauritius’ economy should grow slightly to 3.9% this year, against 3.8% in 2016. The increase will be driven by construction sector mainly, but also transformation, according to official data reported by Reuters.
According to the country’s statistics office, construction should record a significant growth soaring to 7% after stagnating (0%) in 2016. As for the manufacturing industry, it should grow 0.8% this year, as compared to 0.3% last year. Let’s note that the statistics office’s forecast is slightly higher than that of the World Bank which estimates that the economy will grow 3.8%.
The Island is one of the best countries in Africa when it comes to finance, tourism and ICT.
Aaron Akinocho
Additional Info
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- couleur: N/A
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