Investment in Mauritius Food and Food Security
Dale is in the process of developing in Mauritius a vibrant food and food distribution hub in order to target the Mauritius market and also in due course sub-Saharan Africa and the Indian Ocean Island Region. This is referred to as OUR PRIME STRATEGY.
A sustainable future
The Ministry of Agro-Industry and Food Security, in their Blueprint for a Sustainable Diversified Agri-Food Strategy, outline a number of measures to ensure food security, foreign exchange earnings, sustainable development and an improvement in the diet and health of the nation. The Strategy also calls on Mauritian consumers to take up kitchen gardening, eat more locally produced food and reduce food waste.
Mauritius’ limited land area is a constraint to producing all of the country’s food requirements. As a result, one of the government’s strategies is to cooperate with countries in the region where opportunities arise to produce food crops, livestock and marine products for domestic consumption, as well as for regional markets. As part of this, investment opportunities for agricultural production in Mozambique to produce rice, maize, pulses, potatoes and onions are being sought.
To improve trade and foreign exchange earnings, the government has been working to boost trade with traditional markets in Europe and the USA, as well as emerging markets in India, China and Africa, especially for sugar, fruits, vegetables, seafood and tourism.
- The country is classified a net food importer as it excluded sugar from being classified as an exportable food item.
- The Mauritian food policy is now based on generating sufficient foreign exchange to import food from the world market to complement what can be locally produced.
- Agricultural and food imports have increased dramatically since the mid-80s, and have by far covered the shortfall in food supply that occurred due to the cessation of the World Food Programme.
Mauritian food policy hinges on commercial food imports and indigenous food crop production; and ensuring that the population has access to it. Being a net food importer, it sources the cheapest food from the world market.
The opportunity for Dale Capital Group exists to develop a carefully thought-out Food Security Strategy focus and steadily work towards a Mauritius-based Food Security Hub to firstly meet the local Mauritian needs and thereafter towards meeting the needs of targeted sub-Saharan Africa and the Indian Ocean Islands. Dale Capital has launched it food brand as St. Felix Brands