A delegation headed by Minister Wallace Cosgrow, the Minister for Investment, Industry and Entrepreneurial Development , along with the Seychelles Investment Board is attending the 8th Edition of the Annual Investment Meeting(AIM 2018) to be held in Dubai from 9th – 11th April 2018.
This year will be the second time Seychelles participates at this event boasting its own stand manned by a team from the Seychelles Investment Board, with the aim of exhibiting the country’s investment opportunities. During this visit, Minister Cosgrow and CEO of SIB, Ms Cindy Vidot, will conduct high-level talks with fellow ministers and various high net worth individuals from other countries in an effort to entice them to invest in Seychelles.
AIM 2018, held at the Dubai International Convention and Exhibition Centre under the Patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai, is the world's leading and most established gathering of the international investment community, leading academics and experts showcasing up-to-date information, strategies and knowledge on attracting Foreign Direct Investment (FDI).
The event is modelled as a knowledge-based forum with discussion on the latest developments in Foreign Direct Investment and related issues. With the participation of 141 countries, 535 exhibitors and 20,000 business leaders in attendance, AIM 2018 serves a unique and opportune platform to meet, network, explore business opportunities and sign cooperation agreements and partnerships.
“ Seychelles offers a diversified portfolio of investment opportunities from eco-tourism to private hospitals. Our objective this year at the Annual Investment Meeting will be to showcase the lucrative investment landscape of our small island state and to attract investment in our emerging sectors.” points out Minister Cosgrow.
According to the Central Bank of Seychelles, the FDI figures for the first quarter of 2018 shows an increase of USD15.3 million compared to the same period last year. Similarly the Central Bank of Seychelles forecasts that the FDI figures for the second quarter of this year will be stronger than last years. The Seychelles Investment Board hopes that such positive figures in addition to the strong promotion campaigns and presence at events such as AIM 2018, will act as further impetus to what looks like will be a good year economically for Seychelles.