Preliminary agreement involves airport on island of Mahe, the largest in the Seychelles archipelago
Abu Dhabi Airports Company (ADAC) has signed a memorandum of understanding with the Seychelles Ministry of Foreign Affairs and Transport to redevelop the country’s international airport on the main island of Mahe, the largest in the archipelago.
The agreement was signed in the UAE capital by Ali Majed Al Mansoori, Chairman, Abu Dhabi Airports, and Joel Morgan, the visiting Seychelles Minister for Foreign Affairs and Transport, the company said in a statement.
Talks are expected to continue in the near future to decide the size, timelines, terms and conditions of the investment, the minister said.
Al Mansoori noted the growth in popularity of the Seychelles as a vacation destination for tourists from the UAE and globally and the growing trade relations between the two countries. He also indicated that the airport redevelopment would include the redesigning and refurbishment of the passenger terminal building at Mahe International Airport among other overhauls.
Abu Dhabi’s Etihad Airways owns a 40 percent stake in Air Seychelles and Masdar operates a wind-energy project in the Port Victoria, the Seychelles capital.