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Illovo Deal

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Various criticism has been raised about the true beneficiaries of the 2001 Illovo Deal. Some believe that the small planters and tax payers have not received a fair share of the windfall resulting from the sale of the agricultural land, especially after the original deal was modified at the last
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and a new stadium. Pravind Jugnauth also explained that by 2004 the Illovo Deal had enabled 43 000 small planters and employees of the ailing sugar industry to buy 7,000 arpents at Rs 125 000 per arpent via the Sugar Investment Trust (SIT). These small planters also own 24.5% of
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in Mauritius, with involvement of the State. In the local Mauritian press it s sometimes also known as the
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explained that the Illovo Deal would provide enough finance for the construction of the Cyber City in
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The origins of the Illovo Deal date back to 1998 when multi-national corporation
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sold its sugar estates and its 3 sugar factories in Mauritius to
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The Illovo Deal was conceived and implemented soon after the
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minute by members of the ruling MSM-MMM government.
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Index

a series
History of Mauritius

Discovery of Mauritius
Portuguese in Mauritius
Dutch Expedition to Mauritius
Dutch Mauritius
Slavery
Isle of France
British Mauritius
Indentured labourers
1911 Curepipe riots
Uba riots of 1937
1943 Belle Vue Harel Massacre
1965 Mauritius race riots
Excision of the Chagos Archipelago
Expulsion of the Chagossians
1968 Mauritian riots
Independence of Mauritius
Mauritius (1968–1992)
Modern History of Mauritius
1999 Mauritian riots
Timeline
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Economics
Political
Years
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