« Join the trend, move your business to Moka Smart City ».
If this slogan rings a bell to you, it is most probably because you have seen or heard it before. This is the signature of the new communication campaign launched in early June by Moka Smart City. This campaign is aimed at both Mauritian and international financial, medical, commercial, logistics, education and leisure enterprises looking for a strategically located, smart and innovation-friendly environment in the heart of the island.
Moka was still largely agricultural a decade ago and has now transformed into one of the most attractive regions of Mauritius. The ENL Group has actually enabled the establishment of various facilities, including schools and universities, shopping and business centres, private healthcare services, modern residential areas as well as sports and leisure centres.
The perfect hub for business
Situated within minutes from Ebene and Port Louis, Moka Smart City is in the backyard of the country’s main population belt with 70% of the purchasing power and 40% of the labour force. Moka now enjoys an extensive road network through close proximity to the M1 and M3 motorways and the Saint-Pierre Bypass Road, ensuring smooth traffic. With the opening of the Terre Rouge/Verdun/Ebene motorway in 2013, the city has positioned itself more than ever as the heart of the country. Indeed, Moka can now be reached faster than Port Louis when driving from the North. And its mild climate strikes the perfect balance between the cooler uplands and the warmer coastal temperatures.
A number of companies have quickly realised the potential of this strategically located region at the crossroads of the country’s main urban centres and have taken advantage of the facilities available in the region. “Moka’s development is based on an urban planning strategy that has been deployed over the past decade to meet various needs and aspirations. The city’s development is consistent with international standards of excellence to provide enterprises with a high-quality infrastructure and environment,” says Samuel de Gersigny, who is responsible for the management of Moka Smart City. A good example is the ample parking provided for each building.
A tailor-made offer for purchase or rental
The smart city has solutions to match the needs of every business with the opportunity to rent or buy space in different buildings, purchase a plot of land or build their own offices or showrooms. The Group’s flagship developments include Vivéa Business Park, Bagatelle Commercial, Gardens of Bagatelle and Telfair Square, the city’s CBD. Each of them has abundant green spaces with all the daily conveniences within close proximity.
Moka is well-suited for financial, medical, commercial, logistics, education and leisure enterprises looking for a smart, innovation-friendly environment in the heart of the island. The smart city also promotes entrepreneurship, development and investment as exemplified by the Turbine (a start-up incubator and co-working space) and the establishment of the new PwC headquarters in Telfair Square.
“This is a historic moment for PwC. After 30 years in Mauritius, we will now have our own building, which will comply with PwC’s international standards. Moka is emerging as a vibrant, lively and sustainable setting and the development of Moka Smart City into a mixed-use urban community with business, residential, leisure and educational components is attractive to us as employers but also for our employees,” says Anthony Leung Shing, Partner at PwC.
An attractive tax framework and an excellent return on investment
The tangible transformation of Moka is now delivering an excellent return on investment: land value has increased threefold over the past decade with a rental yield of around 9.5% for office space and 6% for residences. Moka has obtained the Smart City Certificate from the Government of Mauritius in 2017 and now offers foreign investors the opportunity to buy property in the heart of the country. The Smart City Scheme also affords them various tax preferences and makes the setting-up process easier. Moka continues to grow and develop in a responsible manner in line with the principles of integrated urban development. A host of projects will open up new opportunities for development and investment.
So without further delay, check out Moka Smart City’s offer for businesses and join the trend!
