The British Investor is Not Going To Singapore

In an interview with Deepa Bhookun yesterday Sithanen mentioned that a British investor was transferring his operations to Bangladesh and India because we had become more expensive, the pound had depreciated, blah blah blah. The Minister told l'express that he had failed to convince the guy to stay even after dangling the additional stimulus package card. No big surprise here.

It's not the first time nor the last that an entrepreneur will shut down her operations and go elsewhere. They will move to other locations which are compatible with the sophistication of their businesses when it's profitable for them to do so. Likewise our government should encourage an economic structure which is appropriate for the extraordinary gifts with which the beautiful people of Mauritius have been endowed. That's too much for Sithanen and Ramgoolam to understand.