The PROMISE
It is also my intention to create in the President’s Office a “Seychelles Bureau of Investment”. The role of this Bureau is to promote investor confidence in our economy, as well as facilitate procedures for doing business. By “investors”, I should stress that I mean Seychellois as well as foreigners! One of the major tasks of the Seychelles Bureau of Investment will be the preparation of a new Investment Code. This new Code should prove to be a key instrument for the promotion of business in Seychelles and make us more “investor-friendly”. (President Michel, State of the Nation Address June 2004).
The ACTION
Already, since the start of 2011, we are seeing an increase in the number of tourists over the corresponding period of 2010. The year 2010 was also an exceptionally good year for Foreign Direct Investment, when US$290M entered the economy. In 2011, we expect this figure to be around US$120M. The performance of the domestic economy remains very solid. ( President Michel, State of the Nation Address, 2011).
Check out: www.investinseychelles.sc
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