Home East Africa Seychelles Investment Board Relaunches Tender Submissions to Waterfront Project

Seychelles Investment Board Relaunches Tender Submissions to Waterfront Project

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Seychelles Investment Board Relaunches Tender Submissions to Waterfront Project

(3 Minutes Read)

The relaunch for Zone B is due to objections put forward through the appeal process during the initial bidding process. Out of the four appeals, two appeals stated that there were issues with the way submissions for bidding were done

The Seychelles Investment Board (SIB) has announced the relaunching of tender submissions for the Victoria Waterfront project for Zone B and Zone D for applicants who had previously applied.

The SIB chief executive, Anne Rosette confirmed that submissions for bids for the tender process will from now on have to be submitted by the applicant or by proxy in person at the National Tender Board.

The relaunch for Zone B is due to objections put forward through the appeal process during the initial bidding process. Out of the four appeals, two appeals stated that there were issues with the way submissions for bidding were done. At the time, submissions could be done in two ways; by email or physically through the National Tender Board (NTB). However, the Investment Appeal Panel concluded that this process was done in a way that was not in the interest of the bidders and that it could cause confusion.

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Aimed at making Victoria, the capital, livelier, the Waterfront Development project is part of the approved Victoria Masterplan 2040 and will be carried out in the area most people know as the ex-Children’s Playground. Zone B comprises three plots of land to be developed for activities and entertainment and four applicants appealed the selection.