Seychelles again eyes its tourism industry growth
Of the East Coast of Africa, an island nation of less than one hundred thousand dependent on tourism, COVID-19 has ravaged its primary industry. The tourism industry is slowly emerging from lockdowns with more than $240 million of new developments.
IN countries where tourism dominates the economy, the global Covid-19 pandemic has dealt lethal blows to businesses, citizens and governments. Seychelles opened to tourism in the 1970s but closed its borders last year and inched them open earlier this year.
Now the country boasts $81 million worth of upcoming tourism-related projects and continued construction on the $100 million Waldorf Astoria Platte Island resort development.
However, it has halted the $20 million Mahe Island floating solar initiative to install 5.8 MegaWatt of floating solar capacity on a saltwater lagoon on the main island. This project would have been the first floating PhotoVoltaic array in Africa and the first solar array spearheaded by an independent power producer.
The Seychelles Ports Authority is currently designing the $41 million Port of Victoria upgrade and expansion that will bring to the market a new quay wall stretching 650m and the capacity to handle up to 6,000 TEUs annually. The European Investment Bank, French Development Agency, and the European Union provide finance for the project.
Developer Otjomuise Holdings is designing the $40 million Seychelles Ademola Villas complex to boost tourism with 75-holiday villas, a restaurant, a sporting area, and a small shopping facility on 124 hectares.
The Islands Development Company is halfway through construction on the Waldorf Astoria Hotel luxury resort. To be operated by Hilton Worldwide, the facility introduces 59 seafront villas with private pools, six restaurants and bars, a spa, children’s club, observatory, tennis courts and an aquatic conservation discovery centre.
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