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List of companies of Madagascar

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Location of Madagascar

Madagascar is an island country in the Indian Ocean, off the coast of Southeast Africa. Madagascar belongs to the group of least developed countries, according to the United Nations.[1] Ecotourism and agriculture, paired with greater investments in education, health, and private enterprise, are key elements of Madagascar's development strategy. Under Marc Ravalomanana, these investments produced substantial economic growth, but the benefits were not evenly spread throughout the population, producing tensions over the increasing cost of living and declining living standards among the poor and some segments of the middle class. As of 2017, the economy has been weakened by the 2009-2013 political crisis, and quality of life remains low for the majority of the Malagasy population.

Notable firms

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This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.

Notable companies
Status: P=Private, S=State; A=Active, D=Defunct
Name Industry Sector Headquarters Founded Notes Status
   
Air Madagascar Consumer services Airlines Antananarivo 1962 S A
Ambatovy mine Mining Mine Moramanga 2004 Nickel & cobalt mine P A
Central Bank of Madagascar Financials Banks Antananarivo 1974 Central bank S A
Chocolaterie Robert Chocolate products Chocolate Antananarivo 1940 P A
Jirama Utilities Electricity & water Antananarivo 1975 Electricity production and water distribution S A
Karenjy Consumer goods Automobiles Fianarantsoa 1985 Automotive P A
Madagascar Flying Services Consumer services Airlines Antananarivo[2] 2002 Airline, defunct 2006 P D
Madarail Industrials Railroads Antananarivo 1999 Railway P A
MCB Madagascar Financials Banks Antananarivo 1992 Bank P A
Paositra Malagasy Postal services Antananarivo S A
Tiko Air Consumer services Airlines Antananarivo 2000 Charter airline P A
Tsaradia Consumer services Regional airline Antananarivo 2018 S A
Vakoka Vakiteny Consumer services Publishing Toliara 2007 Publisher P A

See also

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References

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  1. ^ "About LDCs". UN-OHRLLS. Retrieved 22 February 2017.
  2. ^ "MFS - Madagascar Flying Service on ch-aviation".