Key Competitive Attractions
The economy of Madagascar is mainly based on agriculture. Approximately 75% of the population live in rural areas. There are unexplored opportunities in food production, fisheries and forestry. Tourism is also a growing business.
In addition, the country has a considerable mining potential yet to be fully exploited. In the case of this sector, the country already exports to Japan, China, India, North America and Western Europe.
Madagascar has a total of 17 ports for international and national navigation. Toamasina is the main one for international traffic.
Assistance and Support For New Business Investors
The Economic Development Board is responsible for promoting and facilitating foreign direct investments. It also offers a one-stop shop for registration and business start-ups. Registering a business takes on average 4 days, with no restrictions on foreign ownership.
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