For over three decades, Hyvec Group has been instrumental in shaping Mauritius’ economic landscape, evolving from its foundational construction roots into a multifaceted business empire. Established in 1993 by visionary entrepreneur Nawaz Khan Chady, the organization has grown into one of the Indian Ocean nation’s most dynamic corporate entities, currently employing more than 2,000 professionals across its diversified portfolio.
The conglomerate’s strategic expansion spans five core sectors: Construction & Property Development, Retail & Distribution, Finance & Investment, Leisure & Hospitality, and Food Services. This deliberate diversification strategy, guided by principles of hard work, integrity, and innovation, has positioned Hyvec as a critical contributor to Mauritius’ development while facilitating regional expansion across the Indian Ocean and Middle Eastern markets.
Hyvec’s retail division represents an impressive portfolio of international luxury brands including Ralph Lauren, Montblanc, Armani, Calvin Klein, Tommy Hilfiger, Hackett London, and GANT. The group further strengthens its consumer presence through partnerships with Kohler in home design and Burger King in the quick-service restaurant segment.
Despite its diversified nature, construction remains central to Hyvec’s operational identity. Through Hyvec Construction and Hyvec Properties, the organization has significantly influenced Mauritius’ urban development, delivering projects ranging from public infrastructure and social housing to luxury residences and commercial complexes. The group’s technical capabilities have been enhanced through collaborations with international construction leaders like Stefanutti Stocks.
Hyvec’s hospitality footprint is expanding dramatically with four simultaneous hotel developments, including a landmark Ritz-Carlton property under the Marriott Group and the imminent opening of Courtyard by Marriott Ebène. These projects, alongside flagship developments like the One&Only Le St Géran villas and the upcoming WESS Mall in Rose-Belle, demonstrate the group’s commitment to blending global standards with local craftsmanship.
The organization integrates cutting-edge technologies such as Building Information Modeling (BIM) and sustainable engineering practices into its operations, emphasizing energy efficiency and environmental responsibility. Beyond commercial success, Hyvec has made substantial contributions to national infrastructure, including the delivery of 750 social housing units and the Melrose Prison complex.
Chairman Nawaz Khan Chady emphasizes the importance of public-private partnerships in driving national development: “We bring efficiency, expertise, and innovation to complement the government’s infrastructure vision.” The group maintains a strong commitment to social responsibility through youth training programs and community support initiatives.
Looking toward future growth, Hyvec identifies significant opportunities for expansion into African and Middle Eastern markets, particularly in construction, property investment, and hospitality sectors. The group anticipates strengthened collaboration with UAE partners, leveraging Mauritius’ strategic location and stability alongside Gulf innovation and investment capital.