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The Prime Minister reported that a budget allocation of approximately Rs5 million for 2024/25 and Rs10 million for 2025/26 would be used to hire consultants to conduct an in-depth study on the possibility of establishing a second port in the areas of Mahebourg, Vieux Grand Port and Bois-des-Amourettes.
Budget 2024-2025: Rs 54 billion to be injected into state-owned enterprises through special funds over three years
Special funds allocated to state-owned enterprises have raised questions about how many projects will actually be implemented.
The budget speech, delivered last Friday, was accompanied by the Public Sector Investment Plan 2024-2026. The special funds allocated to state-owned enterprises raise questions about the number of projects that will be launched.
The three parastatals, with budgets well over Rs 10 crore, are the Central Electricity Board, Metro Express Limited and Mauritius Airports Limited.
this Central Water Authority It is still a disadvantage in its investment forecast.
this Central Electricity Board It ranks first in the three-year investment forecast in the budget document for 2024-2025. The Ministry of Finance has identified no fewer than 20 projects to be funded under the special fund, with a total amount of funds estimated at Rs 18.2 billion.
For the fourth phase of the Metro Express, connecting Curepipe to La Vigie and extending to Gare du Nord, the Ministry of Finance has estimated an investment of Rs 11 billion. Both metro extension projects are currently under study.
The third is the Mauritius Airports Company Limited, which has a budget of Rs10 billion to be injected by special funds within three years. The annex mentioned that the Mauritius Airports Company Limited plans to build a new control tower, expand the Plaine Corail Airport, etc. Rodrigues Public Utilities Company will receive Rs940 million for water supply and desalination within three years.
The National Social Living Development Corporation Ltd has also been included in the list for the first phase of the 8,000-unit social housing project. Rs 680 crore will be infused into the project by 2026.
The Central Water Authority has little earmarked funds to spend, but has allocated just Rs 22 million for replacing worn-out pipes.
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