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Location of Mauritius. Mauritius is an island nation in the Indian Ocean about 2,000 kilometres (1,200 mi) off the southeast coast of the African continent. Since independence in 1968, Mauritius has developed from a low-income, agriculture-based economy to a middle-income diversified economy.
Formerly known as the Mauritius Marine Authority (MMA), the MPA is the sole national port authority set up under the Ports Act 1998, to regulate and control the port sectors in Mauritius and Rodrigues. The MPA is a landlord port authority, providing the main port infrastructure and superstructure, together with related facilities.
In March 2006, concerns about import reliance and rising petroleum prices led the Government to sign an agreement with ONGC Videsh Ltd. of India for offshore petroleum exploration. [1] In 2006, the production of sand increased by 52%; semi-manufactured steel, by 2%; and fertilizers, by 1%. [1]
Freeport-McMoRan Inc., often called Freeport, is an American mining company based in the Freeport-McMoRan Center, in Phoenix, Arizona. The company is the world's largest producer of molybdenum , a major copper producer and operates the world's largest gold mine , the Grasberg mine in Papua, Indonesia .
The European Union, in 2020, introduced new stricter rules to identify and report suspicious activities at free ports and zones in response to the "high incidence of corruption, tax evasion, and criminal activity", with a further review to take place in the following year, The European Parliament suggested that increasing demand for free ports ...
Hutchison Port Holdings Trust is a listed trust in Singapore Exchange. Hutchison Whampoa only owned 25% stake, but had the rights to influence the trust by controlling the key stake of changing the trustee they nominated before the initial public offering.
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Geneva Freeport (French: Ports Francs et Entrepôts de Genève SA) is a warehouse complex in Geneva, Switzerland, for the storage of art and other valuables and collectibles. It is the oldest and largest freeport facility, and the one with the most artworks, with 40% of its collection being art with an estimated value of US$100 billion.