List of companies 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.

Location of Madagascar

Notable firms

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
     Active      State-owned      Defunct
Name Industry Sector Headquarters Founded Notes
Air Madagascar Consumer services Airlines Antananarivo 1962 Airline
Central Bank of Madagascar Financials Banks Antananarivo 1974 Central bank
Jirama Utilities Multiutilities Antananarivo 1975 Electricity production and water distribution
Karenjy Consumer goods Automobiles Fianarantsoa 1985 Automotive
Madagascar Flying Services Consumer services Airlines Antananarivo[2] 2002 Airline, defunct 2006
Madarail Industrials Railroads Antananarivo 1999 Railway
MCB Madagascar Financials Banks Antananarivo 1992 Bank
Tiko Air Consumer services Airlines Antananarivo 2000 Charter airline
Vakoka Vakiteny Consumer services Publishing Toliara 2007 Publisher
  • Port Toamasina
  • Local market vendors
  • Cinemas Rex and Ritz

References
  1. "About LDCs". UN-OHRLLS. Retrieved 22 February 2017.
  2. https://www.ch-aviation.com/portal/airline/MFS
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