Mesdames, Messieurs,

L'EDBM (Economic Development Board of Madagascar) fait actuellement face a une suspension de son financement et par conséquent a une réduction d'effectifs, causant des répercussions sur la continuité de ses activités.

Aussi, nous informons nos partenaires que les activités de facilitation et de promotion des investissements ainsi que l'appui aux réformes sont ralenties.

Veuillez noter que le Guichet Unique charge entre autres de la création des sociétés, de la délivrance des autorisations d'emploi, des visas, des licences, permis et autorisations requises par la règlementation reste pleinement opérationnel.

Nous nous excusons des désagréments causes par cette situation et vous prions d'agréer, Mesdames, Messieurs, l'expression de nos meilleures salutations.

La Direction

Notice to Investors

EDBM is pleased to announce that, despite the temporary suspension of our funding and the consequent reduction in staff numbers:

  • Our one-stop-shop service that supports investors in the creation of companies, provision of work permits, visas, licenses and other authorizations remains fully operational
  • Other services such as facilitation of investments and support of reform activities, while remaining operational, may be slower than usual

We look forward to working with both existing and new investors in the coming months. Please accept our apologies in advance if our response is slower than usual.

Signed

The Management and Staff of EDBM

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Investing in Madagascar

The EDBM is there to facilitate and promote domestic and foreign direct investments. Our aim is to make the investment climate attractive to private companies and favorable to their success.

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Why Madagascar

8 reasons to invest in Madagascar

1. Strategic Location

An island with a dynamic geo-political location situated at a strategic crossroad between Africa and Asia ;
Located on a major maritime axis (Asia-Africa);
Ideal location for regional, inter-regional and international investment and business.
2. A Dynamic Market for Foreign Investment

A multitude of opportunities for business and investment across 6 key sectors: agribusiness, light industry, infrastructure, mining, tourism, Information and Communication Technology;
A political climate and framework conducive to foreign investment and business – Investment promotion and protection agreements with many countries, such as France and Germany;
A strong and dynamic private sector with a young, vibrant and competitive workforce, particularly in light manufacturing sector.
3. A Dynamic Country in Transition

Transparent and responsible government;
A peaceful nation – A stable socio-political environment without ethnic or religious conflict;
Adherence to democratic values and the rule of law;
A stable growing economy undertaking major public sector reforms mainly in justice, decentralization and accountability;
Significant public investment in quality infrastructure, especially in road construction;
A burgeoning Information and Communication Technology sector with great opportunity when Madagascar will be connected through fiber optics to the International network.
4. High Quality Environment

A unique destination for tourism, of all types including eco-tourism;
Vast areas of virgin landscape;
Stunning scenery and extensive unspoilt coastline;
A varied climate suited to a wide range of tourism and agricultural production;
Abundant and fertile land for agricultural production.
5. Partnership with the International Community

Net beneficiary of multi and bilateral funding towards sustainable economic development;
Granted multilateral debt relief (World Bank);
Excellent track record in aid management (9th European Development Fund);
ACP member benefiting from European Union (EU) development cooperation and commerce;
First country to qualify for financial support from Millennium Challenge Corporation;
6. Preferential trade agreements

Preferential market access to EU;
Preferential market access to the United States (US) until 2012 for textile and apparel, handicraft, etc.;
Member of regional trade bodies: Southern African Development Community (SADC); Common Market on Eastern and Southern Africa (COMESA); Indian Ocean Commission (IOC)
7. High Economic Potential

Business opportunities for long-term investment are significant; with:

  • 18 million hectare of cultivable area
  • 5,000 km of beaches
  • An unique fauna and flora
  • Only 2% of hydroelectric potential is used,
  • Abundant & diverse resources,
  • High-quality specialty products.

 
8. Existence of One stop shop: The Economic Development Board of Madagascar (EDBM):

Land and real estate access and ownership for foreign investors & protection of property rights; Updated Law on Investments;
Agreement on double taxation, International transfer of funds;
Investment promotion & protection agreements with many countries.


INVESTMENT LAW:
Freedom of investments
Equal treatment of all investors
Protection of Property rights
Free profit transfer;
Freedom to hire and dismiss expatriate and local employees;
Extension of entry visa and residency permits for investors, transformation of these visas to professional and renewable visas valid for 3 years;
Access to land for foreign investors;
Dispute resolution