A Forward-Looking Partner in the Indian Ocean

H.E. Dr. Patrick Herminie, President of the Republic of Seychelles 

Mr President, your administration took office in late 2025 with a pledge to stabilise the economy and ease the cost of living. What are your main priorities and how can foreign investors support them?

Since taking office in October 2025, our agenda has focused on three priorities: inclusivity, national development and sustainability. We are pursuing measures that deliver practical benefits to the people while reinforcing long-term resilience.


We have renewed the social contract through targeted support for households, adjustments to retirement policies, and initiatives aimed at poverty reduction, affordable housing and microfinance. At the same time, we are investing in health services, technical and vocational education, youth development, culture and tourism.

To strengthen governance, we have established new advisory and response mechanisms so that decision-making remains agile, inclusive and accountable, especially in a fast-changing global environment.

We welcome investors who share our commitment to sustainable growth, skills development and long-term partnership with Seychelles.


Seychelles is strengthening partnerships with countries such as India. How is your administration improving the investment climate to attract quality foreign direct investment?

Seychelles offers a stable, transparent and business-friendly environment, supported by strong institutions and a peaceful democratic transition in 2025. Investors benefit from profit repatriation, competitive tax structures and efficient regulatory processes, while our strategic position in the Indian Ocean gives us added relevance as a regional hub.


We are also developing an Ease of Doing Business Portal to make investment and business services more accessible online. The aim is to reduce bureaucracy, simplify procedures and save time for entrepreneurs by allowing them to access information and complete essential processes more efficiently.


Our next phase of growth is centred on diversification and innovation. Priority sectors include digital technology, financial services, renewable energy, logistics and the blue economy. Stronger partnerships with countries such as India and the UAE are opening new avenues for investment and positioning Seychelles as a gateway to the wider region.


Tourism remains central to Seychelles. How are you strengthening the sector while encouraging broader growth across the economy?

Tourism remains the backbone of our economy, but resilience and diversification are essential. In the short term, we have taken decisive action to safeguard connectivity and maintain visitor confidence, including a coordinated government response to external shocks and closer collaboration with airline partners.


Together with Air Seychelles, we have expanded direct links to key European markets such as Rome and Paris, helping us protect access to our core visitor base and sustain demand.


Our longer-term strategy is based on value over volume. We are developing high-yield segments including luxury, eco-tourism, wellness and experiential travel, while strengthening standards across the industry to preserve Seychelles’ premium positioning.


We are also deepening linkages between tourism and the wider economy by supporting local supply chains, cultural industries and community-based initiatives. This creates opportunities for investment in tourism infrastructure, digitalisation and sustainable hospitality.

What opportunities do you see in the blue economy for impact-oriented investors?

Sustainability is at the core of Seychelles’ development model. As a Small Island Developing State, our future depends on the protection and responsible use of our natural resources.


We see strong potential in sustainable fisheries, marine conservation, ocean-based renewable energy and blue finance. Our regulatory framework is designed to support responsible investment while safeguarding environmental integrity. At the same time, we are accelerating the transition to renewable energy and strengthening climate resilience across the economy.


For investors, Seychelles offers a clear proposition: projects that can deliver both economic value and environmental impact, in line with national development priorities.


As Seychelles marks 50 years of independence, what message would you give the international investment community?

As we mark 50 years of independence, Seychelles is entering a new phase of transformation focused on resilience, diversification and inclusive growth.


We offer political stability, strong institutions and a clear reform agenda. More importantly, we offer partnership based on trust, sustainability and long-term value creation.


Seychelles is not only a world-class destination. It is also a credible, forward-looking investment partner.