Follow us on:

Facebook Twitter LinkedIn YouTube

Archive -Seychelles

Pension Fund opens new building at Anse Boileau |18 September 2017

The Anse Boileau business community will benefit from a new micro enterprise building inaugurated on Friday by the Seychelles Pension Fund (SPF).

The opening coincided with the Parish Feast of the Anse Boileau Church ‘Notre Dame de Sept Douleurs’.

It was the chairman of SPF Patrick Payet and SPF chief executive Lekha Nair who unveiled the name of the building ‘Maison Simone’, after a very prominent and influential resident of Anse Boileau.

This project which started in April 2016 and ended in June 2017 is the 26th building in SPF’s real estate investment portfolio and it expects a rate of return of 8% within a payback period of 12.5 years.

The Anse Boileau Micro Enterprise Project consists of four separate buildings with a total land area of 1615 square metres, and will be rented out to the government through the Industrial Estate Agency (IEA), which will in turn manage and then sublease the premises to small businesses of the district.

Among the facilities on offer are three shops, three light industrial workshops, three mechanical workshops/garages, a cafeteria, a bakery, and an artisanal kiosk.

SPF invested R13.1 million into the project which includes the building costs, consultant fees and all other expenses.

The contract for the construction was awarded to Qingjian International Construction Company, the architect was Selwyn Lawen while Lester Quatre was the engineer TC engineering and quantity surveyor.

The name of the building comes from the secondary students of Anse Boileau following a short naming competition held earlier this year where a total of 44 entries were submitted and three were shortlisted.

The winner of the competition was S2 student Salome Abel, followed by S5 student Priscille Vidot ‘Bwalo Complex’ and thirdly Juliette Jeanny ‘Maison Bonne Espoir’.

During the ceremony a senior citizen, Elvire Matombe, gave a short account of the ‘Vye klib’ which existed prior to the construction on the new building and there was a kanmtole performance by the primary students.

Present during the opening ceremony was the Speaker of the National Assembly and elected member of the National Assembly for Anse Boileau Patrick Pillay, SPF board of trustees, pupils and distinguished guests.

Mr Nair said the building has been purposefully built for the creation of employment and wealth for the community.

“We at SPF are every happy that we have chosen Anse Boileau this time, as it has a lot of history and character on its own and through this building, we hope to  see more buzz in the district especially in this building, as it used to be once upon a time,” she said.

She thanked all those who supported the project and helped turn it into a reality and urged that the community put it to good use.






» Back to Archive