Living in Madagascar
Cost of living
Cost of infrastructures
Average wages
7 reasons to invest in Madagascar
Building a business environment that encourages the development of the private sector is one the priority of Malagasy Government
Madagascar, a country rich in its population, natural resources and geostrategic position, is the ideal destination for all projects in the agribusiness sector in the Indian Ocean.
Madagascar is now in the era of very high-speed thanks to two great providers at an international level. In recent years, ICT services have gained momentum. Many Malagasy operators invest in this sector and many foreign investors even some giants relocate to the country for many reasons.
Madagascar presents an interesting renewable energy potential yet remains underexploited. The extremely lower access level to electricity of the population (15%) shows that the local market is still in high demand.
Madagascar was one of the first countries in Africa to establish an export apparel industry, and it remains among the most successful. Today, the Island is the 1st largest apparel exporter in Sub-Saharan Africa to European Union.
Madagascar is known for its mineral wealth which allowed the development of both small mines sectors (artisanal) and large mines.
Madagascar has an exceptional biodiversity with a very high level of endemism: nearly 80% for the flora (black and white orchids, palms, Ravinala, baobabs, Nepenthes, medicinal plants, ...) and an even higher rate for wildlife.
RENEWABLE WATER RESOURCES IN EAST AFRICA
FOR VANILLA, CLOVES AND SAPPHIRES
Major world exporter of these commodities
BIODIVERSITY IN AFRICA
MOST PEACEFUL COUNTRY IN AFRICA
TOURISM DESTINATION IN AFRICA AND WORLD TOP 20
SUB-SAHARAN AFRICAN EXPORTER OF APPAREL TO EU