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Mauritius's investment pipeline has crossed a symbolic threshold, with the Economic Development Board (EDB) reporting Rs 649.7 billion in total declared investment across 523 tracked projects spanning 16 sectors. Of that sum, only Rs 138.8 billion, or roughly 21.4 percent, has actually been realised through construction spending, plant and equipment, operations and employment, leaving a remaining pipeline of Rs 510.9 billion. The EDB frames this gap not as a delay but as a structural feature: large multi-year developments, particularly mixed-use and smart city schemes, are still working through successive construction phases.
Real Estate and Smart Cities Lead the Portfolio
The EDB’s sector breakdown confirms that Mixed-Use and Smart City developments account for the largest share of its 523-project portfolio, at 24 percent. Real Estate and Hospitality appear as separate categories in the same chart. While the newsletter does not provide declared-investment values for each real-estate sub-sector, it identifies large integrated mixed-use and smart city projects as a significant component of the remaining investment pipeline.
A Long Runway for Completion
Of 523 declared projects, 245 have broken ground and 104 are completed or operational, meaning the bulk of value still sits in early or mid-construction stages. Real estate and smart city development are not just participating in the country's investment boom, they are its backbone, and as this pipeline matures over the coming years, it promises to reshape the island's skyline and cement its status as a premier investment destination.
