What is a Smart City

Category: Mauritius Real Estate

Sustainable development in mauritius

A "Smart City" in Mauritius refers to a development project that is geared towards creating environmentally friendly living, working, or leisure spaces. These projects are typically large-scale, master-planned developments that aim to create a sustainable and self-sufficient community through using modern technology and infrastructure.

The government of Mauritius created the Smart City Scheme to attract investment and promote sustainable development. The scheme allows foreign investors to purchase luxury residential properties within these smart city developments, with a minimum investment of $375,000.

To be considered a "smart city", a development must meet certain criteria set out by the government. These criteria include being environmentally friendly, self-sufficient regarding energy and water resources, providing advanced connectivity; creating modern transportation systems, and reducing traffic congestion. These developments must also follow strict controls regarding respect for the environment and must focus on ecology.

The government of Mauritius aims to attract foreign investment and promote sustainable development within the country by encouraging smart city development and the investment in properties there in.

Contact the team at office@propertyfinder.mu to learn more.

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Karen Thornalley

2023-01-11 07:42:16

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