State House

Office of the President of The Republic of Seychelles


Seychelles' first economic forum overseas

September 22, 2010 -- The Vice-President, Mr Danny Faure, is leading a large Seychelles delegation to host the country's first economic forum overseas.

The forum is being held strategically in the margins of the United Nations summit on the Millennium Development Goals.

Its main aim is to showcase Seychelles' potential to investors. It is also to tell the world that Seychelles I ready and open for business.

The delegation also comprises Ministers Jean-Paul Adam and Peter Sinon, Central Bank of Seychelles governor Pierre Laporte, and chief executive Sherin Renaud of the Seychelles Investment Bureau, chief executive Alain St Ange of the  Seychelles Tourism Board and chief executive Steve Fanny of the  Seychelles International Business Authority.

The forum will be inaugurated by VP Faure. The president of the African Development Bank, Dr Donald Kaberuka.    

Commenting on the meeting upon the delegation's departure from Seychelles, Mrs Renaud of the investment bureau stated; "Given that Seychelles has recently undergone a major economic reform programme, whose fruits are already being enjoyed by the business community, it is felt that the timing could not be any better for us to aggressively market our potential to the world."

The idea of an overseas forum, as explained by the investment bureau head, is for Seychelles to be more proactive and to go out to potential markets.

Seychelles is using the New York forum to send a strong message to the world that it wants the country's business community to flourish and to be the growth engine of the economy.