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You are here : Why Madagascar
The reasons for considering Madagascar are manifold. Madagascar offers a unique opportunity. For business, the opportunities for long-term investment are significant. There are 8 reasons why you should consider Madagascar an Island of Opportunity:
1. Strategic location 2. A Dynamic Environment for Foreign Investment
- A multitude of opportunities for business and investment across key sectors
- A political climate and framework conducive to foreign investment and business
- A strong and dynamic private sector
- A young, vibrant and competitive workforce
3. Abundant Natural Resources
- A rich and diverse landscape with abundant natural resources
- Market in aromatic plants and natural medicines ripe for investment
- Highest quality natural products
4. A Paradise Destination for Tourists
- A unique destination for tourism
- Stunning scenery and extensive unspoilt coastline
- A varied climate suited to a wide range of tourism production
- Minimal pollution levels
5. A Dynamic Country in Transition
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Transparent and responsible government
- A political culture committed to good governance
- Adherence to democratic values and the rule of law
- A stable socio-political environment without ethnic or religious conflict
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An ambitious and innovative programme of development – M A P – recognised and supported by international public bodies and funds
- A stable growth economy
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Streamlining of public administration and government bodies
- Significant public investment in quality infrastructure
- A burgeoning information technology and communications sector
6. Partnership with the International Community
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Net beneficiary of multilateral (World Bank, International Monetary Fund, Development African Bank) and bilateral funding towards sustainable economic development
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Granted multilateral debt relief (World Bank)
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Excellent track record in aid management ( 9th European Development Fund)
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ACP member benefiting from EU development cooperation and commerce
- First country to qualify for financial support from Millennium Challenge Corporate (US)
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Member of regional trade bodies: SADC: Southern African Development Community; COMESA : Common Market on Eastern and Southern Africa ; COI: Indian Ocean Commission; Eligible for AGOA: African Growth & Opportunity Act
7. A Fast Growing Local Market 8. A Preferential Access to Significant Markets
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Duty-free access to regional markets of Eastern and Southern Africa, including South Africa. Madagascar is a member of both the SADC and the COMESA free trade areas
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Duty-free access to the US market. Madagascar has been eligible for the African Growth and Opportunity Act
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Duty-free access to the European market. Madagascar has signed the Cotonou Agrement
- Duty-free access to the Chinese market since 2006
Click on the links investment, business and trade and tourism to find out what opportunities there are for you and why you should chose Madagascar.
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