2008 News Archive - Holidays - Mauritius plans Â£1.5bn development
14 12 2006
The Indian Ocean island of Mauritius is seeking expressions of interest for a £1.5 billion property development, according to officials.
With its stunning white beaches and warm turquoise waters, Mauritius has long been a favourite with British tourists and visitors flock to Grand Bay and the Pereybere public beach in their droves.
According to Reuters, the £1.5 billion investment will further enhance Mauritius' reputation, by attracting foreign investors and boosting the economy.
"This is the biggest ever development (in Mauritius) - we're constructing a new township," said finance minister Rama Sithanen.
The new development will cover 1,060 hectares, 720 of which will be used for private development projects.
But many of those holidaying on the island will continue to devote their time to its beaches. Most of the sensational lagoons boast impressive watersports facilities and all are popular with those who simply want to soak up the sun.
Blue Bay, in the south-east of the island, is particularly popular with bathers and it also has a strong reputation for sailing and windsurfing.