Seychelles launches first Public Private Partnership Policy and organizes Public Private Dialogue with stakeholders
May 18, 2016
Seychelles will be launching its Public Private Partnership (PPP) Policy on Monday 21st March 2016, at 9.00a.m, at Eden Bleu. The launch of the PPP Policy is a first andprovides the basis for a consistent framework by which public and private sector entities should work together to improve public service infrastructure delivery.
This policy document covers four central aspects for PPPs in the Seychelles: the objectives underpinning the use of PPPs; PPP focus areas; the guiding principles for effective PPP implementation; and the institutional arrangements required to provide effective oversight of PPPs. Detailed regulations and guidelines will be published in due course to expand upon this policy statement.
The Minister for Finance, Trade & the Blue Economy, Jean Paul Adam, Minister for Investment, Entrepreneurship Development and Business Innovation, Michael Benstrong and CEO for Investment Climate Facility for Africa, Mr. William Asiko and Ms. Carina Sudgen, Senior Public Financial Management Officer (AFDB) will deliver key note addresses to launch the PPP Policy.
A Public Private Dialogue will also take place immediately after the launch for stakeholders on potential PPPs in the country. The Public Private Dialogue will include a presentation on the PPP Policy as well as potential PPP arrangements and or projects by different stakeholders from the Sub-marine Cable Project, Land Use and Housing, Energy Sector, Sports Sector, Eco-tourism and the community sector.
The media is invited to cover the events.