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Brief summery

Seychelles Corporate - Business

In putting together the corporate page of the Republic visitors may wander what is the objective  of such disorderly names and colors, One of the early place one learn about business and economy is in the kindergarten children playing using building blocks. We belong to the generation who remembered the old colonial business and economy 1950s up to the development of Tourism and  the Fishing industry which started in the late 60s early 70s. Events and development in East Africa influenced the next stage of our business and economic development. These former colonies of Britain, France and others were all demanding independence, the business and economic upheavals which followed. Those that had migrated from East Africa to start and resettle in Seychelles, their business contribution, building of light Industry,  mostly Seychellois, then British. From the mainly agriculture based economy with the impute of the East African foundation were laid for business of pre independence. Many of them are still there today, they were different breed of business man. Another aspect which contributed to Seychelles early - late seventy business foundation was the USAF Tracking facilities . (The Seychelles almost went down the road to unilateral independence to avert impending economic and political fiasco). In terms of business foundation up and until independence the Italians is due most of the credit, then the German/Austrian, other European national.

 With the debate wether we ought to remain under the crown and develop a kind of Hong Kong style of politic and economy, the demand of independence  by the majority,  British government gift of the New Port/ Harbour and the building of an International Air Port, the development of four over 150 beds Hotel - Sir James Mancham government to promote Seychelles as a unique Tourist destination brought a new dimension to Seychelles economy and business. Everything crashed after events of 5th June 1977. Shortly after most of these hotel project were nationalized, Several of not just British but Seychelles businessman found themselves forced out of the country and exile - next was the acquisition of the large Estate by the government and introduction of one party State and Central planned Economy management.

Over the next 15 years saw the setting up of several important Parastatals upon which the Seychelles economy was remodel. Public infrastructures, road, water and power system, health, refuge system, overseas representation - Consulate opened, education local and abroad of Seychellois managers and executives, awareness of the nation ecology, self sufficiency, financial institution infrastructure and air ports, Tourism and fishing infrastructures, the craft industry  the 2nd Republic build its economy upon . For the purpose of those who do not know and ill informed - the significant involvement of certain Italian families, institutions to build  not just Seychelles but a great aspect of our regional and international business connections - Services. The Seychelles government and citizens involved in international and multinational business. This in the form of GRM Conglomerate today with tentacles all over the world until 1991. The Chinese, Indian merchant families had been reigned in. It also saw the birth of a more dynamic building industry in involving the Indian company and Chinese mostly. In colonial days this was control by French Kier, Costain Group, Laxmambhai, Italian, German, Seychellois company Petit & Dumbleton among others.

Most politicians are in the business of claiming credit, what they do not say the important contributions the Exile made in spite of bitter enmity. (Their unique role in changes in Poland - the COMECON, the Fall of Berlin Wall - Germany reunification, the Treuhand, changes in Soviet Union and OAU) The Exile decided in 1987 to implement a none violent exile return program started  under the name of SIROP later joined/supported by CDU/SNM/MPR/ Alliance/DP/SNP/ former Minister  Mr Andre Uzice Party, beside the return of the exile and reintroduction of multi party 1991 - it called for the implementation of a number of economic package, measures and projects totaling some $500 - $800 millions (X 3-4) over the next 10-15 years (by British Standard this would have to be multiply by 3/4, example the project cost of the Channel Tunnel nearing 15 billions still not finish) supported by the International communities as sugar and carrot for President FA Rene government. A very great deal had to be done, setting  in place globally and regionally of appropriate corporate and economic networks, again among one of the most important contributors and player was the GRM Conglomerate. Most important they contributed to a long lasting support of economic support from the European Union, they contributed importantly to putting in place of the RIM Association which the many parties in Seychelles have failed to grasp, make use of. They contributed to Heinz venturing to Seychelles and taking over the Tuna Operation, Their contribution to set up a Seychelles Stock market, their important contribution not just in Seychelles but for the whole world to put together the World Wide Web upon which most modern economy is based and the future of the world economy. Their very important contribution to President FA Rene decision to put in place the Phase lll Development program. They have equally contributed importantly that some of the leading Mauritius family - company invest in long term business in Seychelles. In the 3rd Seychelles Republic economic model other nationals are also involved, Maldives, South African, Gulf Region citizens, Mauritian, Greek, Italian, Russian, former COMECON  citizens, Chinese, British, French, Austrian, Australian, AU nationalities, Korean. There is  a strong emphasis to develop and build a strong NGO infrastructure to contribute to economic and business building. The corporate world, the EU changed significantly after 7/11/2001

Most importantly the Seychelles exile, migrant communities  have underline, proved  the UN, World Bank , UNDP , UNIDO, EU argument that exile communities, migrant  can contribute importantly to building national economy. (They have contributed to building significant economic and corporate synergy used to build several Regional leading National Economy)

The Seychelles exile, migrant  have lent important support, contribution to the setting up of and African Union and the fight to write off a massive part of Africa debt,  the Edinburg G8 Summit. China strong commitment to building the appropriate platform in Seychelles (to facilitate its African Union economic and Corporate interest.)

The Seychelles economy is being rebuild, particularly after the earthquake and Tsunami of 2004/5, the Government have embarked upon privatization, important  building program. There are great and grave concern that most of these opportunities will pass by the average Seychellois - foreigners will benefit instead, the development of Offshore Services and a more top of the range Tourist destination is taking place. Other measurers for international investors to establish themselves in the Republic. A great deal of legislation in line with regional and international  business practice adopted. Infrastructures rebuild -set in place to support such economy. Referring to UN, UNIDO, UNDP other international agencies we knew that there would be a great deal of unfair economic disadvantage for the returning Exile for many years to come,  we knew - debated about it in 1985. Given this  situation the Opposition and Exile should unite and call for the setting in place of an Economic Council to address these imbalance, the national concern of foreign invasion. The UN and EU institutions must be called upon to support such a Council.                              22/03/07

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Business directory

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CORVINA Investment              

 

   UCP Group of companies

SMB GROUP

FERRARI -ST ANGE

GEORGE GROUP

MASON MICHEL GROUP

HODOUL

GROUP

GONZALVE BONTE GROUP

THE ITALIAN

GROUP

SERGE POOL GROUP

DOFFAY GROUP

CHOPPY GROUP

GREGOIRE GROUP

ALLIED BUILDERS

MARZOCCHI

PRINTEC HOLDING

SABADIN GROUP

LEFEVRE COMPANY

MOHAN GROUP

STRAVENS GROUP

         ERNESTINE COMPANY

FRICHOT GROUP

MONDON GROUP

PAYET GROUP

KILINDO GROUP

N MANCIENNE  GROUP

SOUYAVE GROUP

LAXMAMBHAI VIJAYGROUP

PADDY SEYCHELLES

AIRTEL KAREMJEE GROUP

DINOU GROUP

KD PILLAY

TEMOOLJEE GROUP

JIVAN GROUP

CHETTY GROUP

MERCHANT

ADAM MOOSA

DANJEE MERCHANT

MEGJHEE GROUP

LAI LAM GROUP

CHAKA BROTHERS

MALADIVE GROUP

                       STRAVEN GROUP

A FEW LEADING OFF SHORES

MONDO GROUP

DIDON GROUP

Mancham GROUP

   Larue   group

 Fonseka GROUP

PARCOU

GROUP

CHOW GROUP

WEE LING

GROUP

   VOLCER GROUP

  ATLAS HOME

Seychellesspot.com

Seychelles Business Directory

Central bank of Seychelles

SIM

BERJAYA GROUP MALASIAN

VALABJHI GROUP

                   GMR  GROUP

ROGERS GROUP

ARAB GROUP

ARAB GROUP

C & W

INTERNATIONAL  GROUP

SEBREW

IOT

COMPANY

AIR SEYCHELLES

SIBA

ARTISAN CRAFT

MANCHAM GROUP

VCS

SPACE

SHAM-PEN TONG

GROUP

RUSSIAN GROUP

GREEK GROUP

GREEK GROUP

KIM KOON

GROUP

HILTON GROUP

SEYCHELLES CASINO GROUP

Monty GROUP

DE COMORMOND CHETTY

   SCCI

 BODCO   Consulate

 Shangri-La Resort & Spa Hotel Resort

Eden Island Develo

Emirates Cap Ternay Resort

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Ile Soleil   development

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Information contained in this homepage is given as supplied and in good faith. No responsibility is taken for any losses or misgivings which may arise from the use of any supplied information. Links are provided as and we cannot be held responsible for their contents. We welcome emails bringing to our attention any inaccuracies or suggestions for improvement. No liability will be accepted by the owner of this site.

Copyright ©  fecas-ecsvs OnLine - Compiled Updated March 2006                            Webmaster@seyeu.com

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Mr Julien Parcou a veteran of Seychellois business,

One of the best known general merchants in Victoria, passed away this week at the age of 93 - 28.04.09parcou_4_24_09

Mr. Parcou began his trade before the second World War as a baker in St Louis. He then got involved in the processing and export of cinnamon and patcoulli, before diversifying in a number of other products and services.

The older generations will remember that Julien Parcou was one of the first person to invest locally in public transport. The stationing of British soldiers on Mahe during the war offered him the opportunity of developing the business and engaging into the supply of general foodstuffs to the troops.

Mr. Parcou then established himself in Market Street where he was the largest trader in home appliances. He was also one of the first to offer ice-cream and cold drinks in the area.

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From the fall of the Iron Curtain in 1989 to the Enlargement of the European Union 20 years ago 1st May 2009

Many - specially EU officials and visitors do not know about the Old cold Storage, the old power Station, the PWD, the Local brew canteen. The old barber shop, the fishing boats, Maxime Portlouis and Mr Palmier garage - the business community, all the merchants.

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