NEXA to highlight Reunion Island as key hub for investment
The regional agency will be participating at the upcoming GITEX Technology Week, as part of the French Pavilion.
NEXA, the regional agency for development and innovation of Reunion Island, has announced its participation at the 2016 GITEX Technology Week.
The agency will be promoting investing opportunities for Reunion Island, a French and European outermost region in the Indian Ocean. The region serves as an ideal vantage point for managing business towards Asia, the Middle East, Europe and Africa.
Reunion Island is home to one of the three largest cyber-domes in the world, a site with a network comprised of several technologies, which include fibre optic and wireless broadband coverage.
Digital companies based in Reunion reportedly benefit from a dynamic internal market that is at the forefront of technology. Notable advances include a significantly high rate of mobile phone coverage on the island (95%), a high rate of adoption of home computers (68%), as well as 50% of broadband connections implemented and 84% rate with mobile telephones.
The market represents nearly 850,000 inhabitants and 1 million inhabitants expected by 2030, which comprises of a GDP of €17.5b. Since the 25 July, 2016, Reunion Island has been labialised with French Tech label.
At the upcoming GITEX event, NEXA will feature three tech companies from Reunion Island: ISODOM, MEDIALIGHT and RDTRONIC.
RDTRONIC is a data management firm that produces a biomimetic system dedicated to marine biodiversity and cetaceans' protection, while ISODOM is specialised in organisational consulting, IT and QSE management.
Lastly, Medialight is a software publisher for the banking and financial, aviation and e-tourism sectors.