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Briefly

A modern and dynamic group

We are a proudly Mauritian group. Firmly anchored in the Mauritian economic and social landscape since 1993, the Group is resolutely focused on the future with a team of experienced and dynamic professionals embodying our core values and providing expertise in five strategic economic poles: Construction and Property Development, Retail and Distribution, Finance and Investment, Leisure and Hospitality, Food.

Briefly

A modern and dynamic group

We are a proudly Mauritian group. Firmly anchored in the Mauritian economic and social landscape since 1993, the Group is resolutely focused on the future with a team of experienced and dynamic professionals embodying our core values and providing expertise in five strategic economic poles: Construction and Property Development, Retail and Distribution, Finance and Investment, Leisure and Hospitality, Food.

What makes us us

Over the past thirty years, each new year of experience has given us the boldness and confidence necessary to think outside the box and diversify the Group’s activities. Our shared values and beliefs in hard work, integrity, and innovation have guided us along the way and taken us to the top in each industry we have invested in so far. As we continue to grow, develop and welcome more and more new professionals into the group, we make it our duty to transmit these values, which are part of our identity and our culture.

Our History

From a one-man band to a philharmonic orchestra

In 2023, the Hyvec Group celebrated its 30th anniversary. Three decades of perseverance during which the Group constantly reinvented itself as the country developed and as new economic and social challenges presented themselves. At the time he launched his modest construction company in 1993, the founder and Group CEO, Mr. Nawaz Khan (Eshan) Chady, was far from imagining that he was laying the foundations to build an impressive and successful business that would rank in the Top 50 companies in Mauritius with a geographical presence in Africa and the Middle East.

Today, the Group is a solid and diversified group that is firmly based on 5 economic poles including Construction and Property Development, Retail and Distribution, Finance and Investment, Leisure and Hospitality, and Food. Each of these poles has at its head, an expert leader in the field, endowed with a great vision and ability to drive its team members towards congruent objectives to meet overall group goals.

Hyvec Group is trusted by world-reputed brands and franchises dealing with top-of-the-range brands such as Tommy Hilfiger, Calvin Klein Jeans, Gant, Armani Exchange, Ralph Lauren, GAP, Mont Blanc, Fila, Kohler, Siematic, Saudia, and Burger King.

However, Construction and Property Development remains the core activity of Hyvec Group, which can boast of being among the largest real estate developers on the island with over one million square feet worth MUR 3 billion. In 2020, the |Group launched Investcorp (Holdings) Ltd- a property investment holding company with assets worth around MUR 2 billion, and its notes were successfully quoted on the Mauritius Stock Exchange in 2021.

In 2022, the Joint Venture between Stefanutti Stocks Mozambique and Hyvec Partners Ltd secured the contract to build 51 luxurious villas worth MUR 2,860,000,000 on behalf of the One and Only Mauritius group, a global leader in the hotel and hospitality industry.

In 2023, Hyvec Partners, has been awarded the construction of 750 social housing units at Coromandel at the cost of MUR 2,055,000,000 by the Government through the company New Social Living Development (NSLD)

Hyvec Group has expanded its geographical footprint and is now present in the Middle East and the Indian Ocean through the brands Kohler and Medi Clinics.

Our Vision and Mission

We have proudly grown over the years from a small construction company to an impressive diversified group. What makes us even prouder is our contribution to the economic development of Mauritius, a growing labour force, and laying the groundwork for the Mauritius of tomorrow. Over the past 30 years, we have always been driven by our passion to build.

Our Vision

To be trusted for delivering high-quality state-of-the-art products and services through our passionate and dedicated team, ethical practices, and innovation.

Our Mission

To constantly innovate, develop and maintain high standards of quality in all our products and services to exceed international standards and customers’ expectations with respect to price, quality, service, and delivery time.

Our Values