President Wavel Ramkalawan, chaired a scheduled meeting of the Cabinet yesterday Wednesday 19th March, in which a number of legal and policy memoranda were approved.
The Cabinet approved the publication of regulations under the Seychelles Construction Professionals Council Act, 2022 to regulate and standardise professional practices in the construction industry. The regulations will mandate the registration of all construction professionals and entities, establish a structured registration process, and introduce mechanisms for complaints, investigations, and disciplinary actions. Additionally, the Cabinet approved the creation of a new professional category, "Technician," and the extension of the Interim Council's mandate until October 2025. The regulations will classify professionals into categories, define registration requirements (including for foreign professionals), specify fees, and establish a public register for transparency, with implementation set to begin in 2026 through a phased registration process.
Cabinet approved for the adoption of a standardised template for Private-Public Partnership (PPP) Agreement Tender Kits, as proposed by the Ministry of Investment, Entrepreneurship & Industry. This initiative aims to enhance private sector participation in addressing the shortage of industrial land and workspaces, with pilot projects for Micro-Enterprise Centres (MECs) in Au Cap and Perseverance. The approved PPP Tender Kits establish clear guidelines for collaboration between the private sector and the government, detailing roles, financial considerations, and evaluation criteria to ensure transparency and alignment with national economic diversification goals. By facilitating private investment and optimizing land use, the initiative is expected to enhance Micro, Small and Medium Enterprises growth and serve as a model for future PPP projects in industrial development.
The Cabinet was briefed on IDC’s strategic initiatives and financial performance across its 17 managed islands, highlighting both profitable and struggling locations. Key efforts include aviation and marine transport services, infrastructure projects, renewable energy investments, and economic diversification through agriculture, aquaculture, and eco-tourism. While some islands, such as Desroches and Ile Plate, generate significant revenue, others face financial deficits and require targeted development strategies. Concerns over lack of sound governance structures were raised, particularly regarding compliance issues and financial planning. The Cabinet also addressed conservation efforts, project feasibility such as Gran Barb, Remire, Poivre, and operational challenges. Cabinet supported the need for legal and financial restructuring, forensic audits, and improved oversight of IDC.
Relevant Ministries will provide details.
