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The United Nations Conference on Trade and Development (UNCTAD) World Investment Forum, the world's largest platform for investment and development, is holding its seventh edition virtually this year at a critical time for global investment, in the hopes of addressing the key concerns confronting the investment for the development community worldwide. The 2021 World Investment Forum began on 18th October and will conclude on 22nd October. The Forum provides a once-in-a-lifetime opportunity for the investment community to change the global investment climate in different ways and create collaborations at all levels.

 

In an award ceremony held on 19th October, the Seychelles Investment Board (SIB and the Economic Development Board of Mauritius (EDB) were the recipients of a special award for "Promoting investment in the Blue Economy". The Special Award is based on SIB's efforts to develop strategies to attract investment for the exploitation, preservation, and regeneration of the marine environment, as well as its willingness to share experiences and lessons learned, including at UNCTAD's regional capacity-building events, in collaboration with the Mauritius Economic Development Board.

 

Mr Lenny Gabriel, SIB's Deputy Chief Executive Officer, accepted the award online on behalf of the organisation. During his award speech, he mentioned how SIB collaborates closely with the Seychelles Department of the Blue Economy, attending webinars, panel discussions and promoting local and international events. As a result, Mr Gabriel thanked the UNCTAD team for allowing SIB to participate in the webinars and for recognising our promotional efforts.

 

He congratulated the Mauritius Economic Development Board, with whom we shared the award. He concluded by inviting everyone to the Seychelles Pavilion at the Dubai Expo 2020 to learn more about the Seychelles Blue Economy and investment opportunities in this sector.

 

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