A grant agreement to advance Seychelles’ Social Housing Programme was signed on Wednesday between the government and the Abu Dhabi Fund for Development (ADFD).
In a statement from Victoria said the deal will reinforce strong bilateral cooperation in support of Seychelles’ national social housing priorities.
The project aims to promote inclusive economic and social development in Seychelles by strengthening the country’s social housing sector.
It seeks to improve living standards and welfare, address growing housing demand, enhance quality of life, and support more balanced urban development and population distribution.
The Social Housing Project includes the construction of 80 housing units for low-income families, comprising 32 two-room units and 48 three-room units, all equipped with essential facilities and infrastructure services. The project consists of 80 residential units spread across 10 blocks of 8 units each, located in adjacent sites in the Orchid Village area.
Works under the project will include civil construction, connections to electricity, water, and sewage networks, as well as the development of outdoor and communal spaces, ensuring a safe, functional, and sustainable residential environment.
The total grant amount under the agreement is approximately USD 8.7 million. The initiative reflects the United Arab Emirates’s long-standing commitment to supporting Seychelles’ development efforts, particularly in addressing housing needs.
The agreement was signed on the margins of the World Governments Summit in Dubai by Mr Pierre Laporte, Minister for Finance, Economic Planning, Trade and Investment, on behalf of the Seychelles government, and Mr Mohammed Saif Al-Suwaidi, Director General of the Abu Dhabi Fund for Development.
WN/as/APA