Ehoala Port, Fort Dauphin, Madagascar – the site of a proposed SEZ

In July 2017, the Madagascar Council of Ministers adopted the SEZ Bill prepared with the technical assistance of Locus Economica in the 2015-2017 period. We had generous assistance from local counsel from the MCI law firm. The entire project was backed by funding from the World Bank Growth Poles Project.

Under the SEZ Law, which Locus Economica co-drafted, investors had, as of November 2017, signed MoUs with Rio Tinto’s Ehoala Business Park (constructed at a cost of $256 million) projected to create 1,000 jobs.