SEYCHELLES IS OPEN FOR BUSINESS
But Have No Water, No Electricity, Roads Are Breaking up, Bridges Collapsing!
This past week was totally amazing. James Michel was in Spain with Alain St. Ange, looking for investments. Danny Faure, Cuban trained minister was with Peter Sinon and Craig Heeger of Eden Island Development, in New York on what they called: “Seychelles Economic Forum”, looking for investments and according to the press releases, “telling the world Seychelles is open for business”.
Communists Just Do Not Get It!
All this hoopla about business would make sense if the reality on the ground made sense. It does not, of course. Being a bunch of communists, they think that being open for business everyone will listen because it is the leadership that is saying it. This is where SPPF-PP get it wrong. Nobody different will listen to a bunch of communists with rescheduled debts that still amount to $500 Million in external debt and God only knows how much domestic debt we have hiding in the closets with the skeletons.
Left Show on Right Foot, Left Foot No Shoe in New York
Minister Danny Faure, in New York said, “Seychelles has been successful in the economic reforms, and is open for business”. Who in New York will listen to a Cuban educated political scientist?
Minister Faure obviously does not understand New York. Millions of people, from all corners of the world dream of these fancy speeches they want to deliver in New York, the world financial centre. Every year, millions of people make it to New York to try to deliver their version of panacea and utopia, hoping to sell the bull to a bear market. The New Yorkers have seen it for forever, and Minister Faure, will be in for a rude awakening. Craig Heeger, the Eden Island Ambassador at large, and solicitor of bank financing will be in for a rude awakening as well.
People in New York do not listen to communists. People in New York do not listen to lackey communist Ministers. People in New York do not listen to project managers of projects going bad, in a communist country.
Investment From Spain, Wow!
Now James Michel trucked on to Spain, with Alain St. Ange. You need to have some empathy for St. Ange. He is really trying his best. After the visit, a declaration was made: “we are opening up a Spanish tourism office”. How many times have we heard that? How many times are we going to open and close tourism offices in European capitals? As I said, you need to have some empathy for St. Ange, he has inherited the nightmare.
Now we have a Tourism Office open again soon in the country of the EU with the highest unemployment of 22%. What we need in Spain is a direct flight Boeing 747, because in spite of the 22% unemployment, people is Spain will love to come to Seychelles on holiday, especially now that our five star hotels are selling less than theirs per night, thanks to Mr. Presidents cerebral knock out idea, to allow Ephelia hotel into the market, without additional flights and to allow Eden Island into the market illegally, to wipe out the room rates per night, overnight.
Anyways, last year it was Korea, Japan and China. Nothing happened with those markets.
Don’t you think for a moment that the place where Seychelles should be opening offices and focusing is in Sweden, Switzerland or Germany? Come on guys. Those countries are doing well and are carrying Europe, not sinking her. Wake up.
Back on The Home Front
This week I attended a seminar hosted by CEO of PUC Joel Valmont. This guy is really smart and really down to earth. He faces our realities everyday so we do not have to. Mr. Valmont presented in the seminar the findings of top engineering consulting company GIBBS. Mr. Gerard Lafortune was their local ground man. Basically, these gentlemen called the leadership of the country for a meeting to advise us that there isn’t enough water in Seychelles to handle a 1.5% population growth rate, taking into account the projects on line, in the near future. We will have a deficit of water supply by 10,000 metric cubes per day soon then by 2020 the deficit will reach over 21000 metric cubes . This is a crisis at hand, according to the technicians, who the SPPF and PL today, have ignored until now. Mr. Valmont promises to truck his professionals up to State House this week, to see to it, that they read his lips: “No money, No Water”!
Down under In Anse Aux Pins
Fabrike contractor Ramadoss of RAMSON was issued the tender for building back up the Anse Aux Pins Bridge. PL could not get a local Seychellois contractor to do this job for ½ the money? Really guys?
Aside from that bridge collapsing, the Anse La Blague road, and causeway which had a large hole in it for over 10 months, had finally got some sand in it. But by Monday, much of it had been eaten out from underneath, with high tides.
Many road works are under threat, from lack of maintenance. Much like the PUC pipes that are now 50 years old, beyond use.
Not Enough Electricity Grids and Capacity
Mr. Valmont did not present us the shortfalls of the electricity grids. I hope he does so soon. I am sure it is just as bad as the water pipes, aged, and costly to operate.
Now a Lesson For The Communists For Free
Rule: A country, regardless of size, cannot maintain and secure economic growth, especially GDP10% per annum, without water, electricity, road infrastructure in place to guarantee the maximum output of its people and correspondingly insure a high quality of life for them.
Test: To See If You Are Still Communists For The New Yorkers That Met You.
Question: At Ile Preservans, where you promised 5000 public houses, did you provide for ample water capacity and ample electricity, and proper roads, sewer lines, before you roofed the houses?
Test Result: You are still 100% bunch of Communists. The suits and ties do not fool us!
Sesel Pou Seselwa!
May God Bless All Freedom Loving Seychellois!