Seychelles attracts hotel investors to Ile Soleil

Seychelles attracts hotel investors to Ile Soleil

The 2020 Development (Seychelles) Ltd, is calling on investors to consider a hotel development opportunity on Ile Soleil through a tender that was launched two weeks ago by its Chairman Barry Faure, who also wears the hat of the Chairman of the Seychelles Tourism Board.

Located off the Southeast coast of Mahe, Ile Soleil is a reclaimed island with a total area of approximately 123,000 m2. The area demarcated for the hotel development amounts to 29,920 m2 with the sea as its main view. Its close proximity to the Seychelles International and domestic airport, positions it as a transit hotel. But, the main attribute of the island is its inspiring concept of “Nouvo Zil, Nouvo Lavenir” which is one of the main facets of the Seychelles 2020 vision, a dynamic vision of the country articulated by its internationally-respected President James Alix Michel, who has steered this peaceful, stable, and democratic country to economic prosperity.

Tourism in Seychelles has seen continued growth since 2010 and its industrious Chief Executive Officer-turned Minister, Alain St Ange, and his team, have known how to capitalize on the classic beauty of these pristine islands to bring out to the world the well-guarded secrets of the Seychelles brand of tourism.

Investors are thus well advised to jump on the opportunity that is being offered by Seychelles.

Addressing the guests at the tender-launch ceremony, Mr. Faure said developments on Ile Soleil need to be based on nature (a sustainable ecological development), culture (preserve our cultural heritage), and education (promote responsible living values in a fast-changing world). “The tourism project on Ile Soleil needs to be nature-based. We need to ensure that the environment is respected at all times, even during the design phase, through to the construction and post-occupancy stage,” he said.

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The Chief Executive Officer of the Seychelles Investment Board (SIB), Mrs. Sherin Renaud, stated in a press conference after the launch that Seychellois investors are being invited to take part in the hotel project or to enter into a joint venture with a strategic foreign partner. Until November 23, 2012, the tender documents are available for purchase at SIB, and for only US$500 foreign investors may receive their dossiers by post.