Date:10-15 November 2019
Madagascar is an island nation in the Indian Ocean near the East African coast. is the world’s largest exporter of sapphires, from the south in Ilakaka near Isalo’s range, and a few well-organized multinational companies have built mines (such as the well-known Canadian Illuminite mine in Fort Dauphin.)
Madagascar’s imports totaled US$3.9 billion in 2018. That dollar amount reflects a 17.1% increase since 2014 and a 7.5% improvement from 2017 to 2018. Given Madagascar’s population of 25.7 million people, its total $3.9 billion in 2018 imports translates to roughly $150 in yearly product demand from every person in the East African country.
Madagascar’s most valuable imported products during 2018 are refined petroleum oils ($616.3 million) followed by rice ($243.1 million), medications ($91.6 million), trucks ($83.3 million), wheat ($70.2 million), palm oil ($67.7 million) then cars ($66.9 million).
Madagascar’s top 10 imports accounted for about three-fifths (59.2%) of the overall value of its product purchases from other countries. Imported mineral fuels including oil had the fastest-growing increase in value among the top 10 import categories, up 26.6% from 2014 to 2018 due mainly to increased costs from refined petroleum oils. In second place for improving import purchases were pharmaceuticals, up 21.3%. Malagasy imports of wool delivered the third-fastest gain up 14%. The animal, vegetable fats, oils and waxes category was the laggard among the top 10 Malagasy imports, incurring a -17.7% decline.
Among the programs that will be arranged for this mission are as follows:
RM 14,600.00 per pax
(inclusive of economic class travel by Air Mauritius with one night stay in Mauritius and 4 nights single room accommodation with breakfast at IBIS hotel in Antananarivo)
RM 13,600.00 per pax
(inclusive of economic class travel by Air Mauritius with one night stay in Mauritius and 4 nights double room occupancy with breakfast at IBIS hotel in Antananarivo)