Excerpt from allafrica.com
Discussions have started between Seychelles’ public and private sectors and the United Nations Development Programme (UNDP) to identify new investment opportunities under the Investor Map Project.
In the first working mission to Seychelles for this project, UNDP representatives met with an advisory committee on Tuesday. The objective was to start to validate data and information collected online or through a virtual interface.
UNDP’s resident representative for Seychelles and Mauritius, Amanda Serumaga, said that the investor map is a tool that UNDP has on a global platform. It allows countries to identify investment opportunity areas set to drive local and foreign investment into the island nation.
“We have done some preliminary research, mostly through documentary review. We are now going through five areas of potential investment – tourism, agriculture, aquaculture, renewable energy – and things that Seychelles have already been doing whether it is an investment in cinnamon or vanilla,” said Serumaga.
She added that the creation of an investor map for Seychelles will also help in addressing specific Sustainable Development Goals (SDGs).
The co-launch of the Investor Map Project in Seychelles is in line with the objective of the Ministry of Investment, Entrepreneurship, and Industry (MIEI) to facilitate ease of doing business in the country.
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