The Economic Development Board commenced its operations as a statutory body on 15th January 2018 following the merger between the Board of Investment, Enterprise Mauritius and the Financial Services Promotion Agency. The overarching objective of the EDB is to ensure greater coherence and effectiveness in implementing policies and actions and draw the vision for the economic development path to be adopted to reach a high-income economy status. The mandate of EDB is to, inter alia:

• provide strong institutional support for strategic economic planning and ensure greater coherence and effectiveness in economic policy formulation;b. promote Mauritius as an attractive investment and business centre, a competitive export platform as well as an International Financial Centre (IFC);
• act as the main institution responsible for country branding for investment promotion; and
• facilitate both inward and outward investment and ensure a conducive business environment. According to the EDB Act, the functions of the

Economic Development Board shall be to –

• provide high-level strategic and policy advice to Government on economic policy formulation;
• initiate and undertake necessary economic research at the macro-economic level, engage with stakeholders on economic matters and formulate investment and trade promotion policies, plans and strategies;
• coordinate efforts across different institutions and public-sector agencies for economic diversification, upgrading of existing economic sectors and promoting efficiency in export promotion;
• advise Government on appropriate policies and strategies for socio-economic development, trade development, export and investment promotion, infrastructure development, labour market improvement and business facilitation;
• advise on, and facilitate, the development of major projects which are of significance or strategia importance to the economy;
• monitor and evaluate the outcomes of policies and projects;
• improve business environment and undertake such other activities as may be necessary to promote Mauritius as an attractive base for investment and as an international financial centre;