Green Network Technology


Madagascar is a biodiversity hotspot; over 90 percent of its wildlife is found nowhere else on Earth. The island's diverse ecosystems and unique wildlife are threatened by the encroachment of the rapidly growing human population. In 2012, the population of Madagascar was estimated at just over 22 million, 90 percent of whom live on less than two dollars per day. Malagasy and French are both official languages of the state. The majority of the population adheres to traditional beliefs, Christianity, or an amalgamation of both. Ecotourism and agriculture, paired with greater investments in education, health and private enterprise, are key elements of Madagascar's development strategy.


Why Business in Madagascar?

The labor force is young, skilled and fast-learning. With trade agreements and preferential treatment granted to some developing countries, Madagascar has an advantageous access (quota free, duty free) to the American and European markets as well as to other developed countries. Strategically located between Asia and Africa and on major maritime routes, Madagascar gives an advantage to international businesses. And with the current extension of the port of Toamasina in the East and the construction of the Ehoala port in the South, Madagascar provides world-class facilities for transportation of goods.
No Government-imposed conditions on permission to invest, including location in a specific geographical area, specific percentage of local content, substitution for imports, export requirements or targets, employment of host country nationals, or technology transfer.