Active Development AidData Chinese Aid

Chinese Government provides SCR 25 million grant for Forêt Noire Housing Project

$25M USD

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of Seychelles
Country	Seychelles
Start Date	Jan 01, 2017
End Date	Jul 02, 2029
Duration	4,565 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`55640`

Grant Description

According to the 2018 Public Sector Investment Programme (PSIP) of the Government of Seychelles, the Chinese Government committed SCR 25,000,000 of grant funding for the Forêt Housing Project in 2017 or 2018.

This project involves the redevelopment of the 12-unit Forêt Noire housing complex into a 25-unit affordable housing estate within Port Glaud district.

In February 2018, the Seychellois National Tender Board posted the project and a company called Allied Builders won the bid (at a cost of SCR 26,989,246.33). Construction start and end dates are unknown.

📋 Staff Comments

This project may be related to the Kan Gard Housing Redevelopment Project (captured in Project ID#55626) because Allied Builders won the bid for both projects and the description of the Kan Gard Housing Redevelopment Project says it may be co-financed by an additional grant. This issue merits further investigation. Also, it is not entirely clear if the 2018 PSIP source is reviewing the previous fiscal year or setting projections for the next fiscal year. For the purposes of this project record, AidData assumes that the 2018 PSIP source was created at the end of the fiscal year 2017 (explained by the 'revised budget 2017' column) and the figures after that column represent how the Government of Seychelles intended to spend the money in the future (during fiscal year 2018). Since fiscal years often do not align with calendar years, and the grant funding from the Chinese Government is classified as ‘new’, it is unclear if the funds were awarded in the calendar year 2017 or calendar year 2018.

📚 Sources & References

Tender Invitation: CONSTRUCTION OF 25 RESIDENTIAL UNITS HOUSING AT FORET NOIRE
PORT GLAUD
TENDER AWARD JANUARY-APRIL 2018
Public Sector Investment Programme (PSIP) 2018 Budget Outlook
President Faure Gets First-hand View of Mont Fleuri Following District Visit
President Faure Visits the Port Glaud District Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.