Sector attracts foreign investment despite environmental challenges In 2024, the Mauritian real estate sector attracted Rs 23.9 billion in foreign direct investment (FDI), compared with Rs 21.1 billion in 2023. Schemes such as the Integrated Resort Scheme (IRS), the Real Estate Scheme (RES), the Invest Hotel Scheme (IHS), the Property Development Scheme (PDS) and the Smart City Scheme alone attracted Rs 18.6 billion in 2024, compared with Rs 13.9 billion in 2023. France remains the main investor country, with an increase in investment from Rs 6.9 billion in 2023 to Rs 9.3 billion in 2024.