UAE's ADFD allocates $9m for social housing project in Seychelles
Project covers three residential areas in Mahé and comprises 106 housing units, in addition to gardens
The UAE’s state-held organisation for economic development aid, Abu Dhabi Fund for Development (ADFD) has allocated $9m (AED33.1m) for social housing project in Seychelles, which aims at offering affordable accommodation in the country.
The project covers three residential area on Mahé that is considered as the largest and the most populated island in the archipelago, the UAE’s state-owned news agency, Wam reported.
The ADFD-funded project comprises 106 housing units that have been constructed to modern standards, in addition to gardens, road as well as electricity, water, and sewage networks.
Speaking about the organisation’s involvement in projects in Seychelles, director general of ADFD, Mohammed Saif Al Suwaidi, said: “ADFD is committed to supporting the Government of the Seychelles in implementing its strategic growth agenda, stimulating the economy, as well as creating job opportunities."
Meanwhile, Seychelles minister of habitat, lands, infrastructure, and land transport, Pamela Charlette said that ADFD’s support for the social housing project comes in line with Seychelles’ government’s plan to build about 2,000 housing units as residential compounds.