Economic Development Board of Madagascar

About:

Economic Development Board of Madagascar (EDBM) is your reference partner for your investments in Madagascar. As an investment promotion agency, EDBM has set objectives to strengthen the competitiveness of the Malagasy private sector, to increase Foreign Direct Investment (FDI), to elaborate and recommend business incentives for private investments in Madagascar, to support investors in steps for setting up their business and/or expansion by providing tailored services by specialized Advisors (chargé of sector portfolio) and through its one stop shop.

Closely related to the Presidency of the Republic, EDBM is the institutional expression of the Government’s commitment to boost economic growth and to create jobs through the establishment and development of projects maximizing profits for Madagascar and which are brought both by foreigners and locals. EDBM is your entry point, anyone who intends to look for business opportunities in high growth potential and in which Madagascar has comparative advantages : Agribusiness, exporting light industry as Textile Garnements, infrastructure/PPP, mining, ICT and tourism.

To help you in your decision making, a multidisciplinary team provides free, confidential and customized throughout the process : from the planning (economic and sector information supplies, laws and regulations, tax and customs procedures, organization of meetings with key decision makers and local partners, factor costs, etc.) during your installation (advise on suppliers , offices, relationship with the Administration, etc.) and even in the expansion of your business through our aftercare service. Our One-Stop Shop is ready to give you support increating your company, getting your permits, licenses, authorizations and visas, etc

Mission:

• To improve the business environment

• To build and to convey a positive image of Madagascar as a suitable destination for investment, and to attract and encourage multinationals and local operators to invest in priority sectors

• Provide free services to investors, both new and already installed (aftercare) to facilitate the implementation and/or expansion of their(s) project(s) in Madagascar