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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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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Presentation of Madagascar

Position on the globe Madagascar is the fourth largest island in the World. It is located in the Indian Ocean, 400km (248 miles) off the south east coast of Africa (South Africa).
Official languages Malagasy, French and English
Surface area 592 000 Km2
Population 18,6 millions hab.
Density 30,73 inhabitant/km2
Currency Ariary (MGA) (1 USD = 2000 MGA January. 2007)
Time Zone UTC+3
Telephone country code +261

Economy **

Population growth (annual %) 2.6
Life expectancy at birth, total (years) 56
GDP (current US$) (billion) 4,042
GDP growth (annual %) 4.9
Inflation, consumer prices (annual %) 10.8
Foreign direct investment, net inflows (% of GDP) 6.1
Unemployment, total (% of total labor force) 2.8
Time required to start a business (days) 4
Internet users (per 1,000 people) 5
Main trading partners European Union, USA, China
Main investment partners Canada, USA, France, Mauritius, Royaume-Uni

Source : World Development Indicators.
** Most recent data available 2001-2006

Climate

Madagascar has a tropical type of climate and lives to the rhythm of two seasons:

  • the dry season (winter) from April to October;
  • the rainy season (summer) from November to March.

It rains almost throughout the year in the eastern region to reach an annual precipitation ranging from 3000 to 4000 mm.

Administration

Type of government Republic
Capital Antananarivo
Administrative divisions 22 regions: Analamanga, Bongolava, Itasy, Vakinankaratra, Diana, Sava, Amoron’i Mania, Atsimo Atsinanana, Haute Matsiatra, Ihorombe, Vatovavy Fitovinany, Betsiboka, Boeny, Melaky, Sofia, Alaotra Mangoro, Analanjirofo, Atsinanana, Androy, Anosy, Atsimo-Andrefana, Menabe.
High Authority of Transition President: Mr. Andry Nirina Rajoelina
Government Prime Minister: Mr. Monja Roindefo Zafitsimivalo