Statement from the Chairman
In January 2020, a global Pandemic hit the world without any previous warning. Businesses and livelihoods were destroyed. The Mauritius Investment Corporation Ltd (MIC) is the innovative response proposed by the Government and the Bank of Mauritius to shelter the workers and businesses of Mauritius from the deep economic shocks inflicted by the Covid Pandemic which hit the world in January 2020.
The principal concern of MIC is to protect jobs by assisting businesses, especially small and medium sized enterprises, financially to tide over the crisis. We shall measure our success by the number of livelihoods protected and the number of businesses saved rather than profit or loss.