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The OPEC Fund
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Development
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  2. Perseverance Island Social Services Project

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Perseverance Island Social Services Project

Seychelles

Borrower Seychelles
Financing Type Public Sector
Instrument Blend Facility
Focus Area Multisectoral
Approved 11.03.2008
Signed 12.04.2008
Status Completed
Loan Administrator BADEA
Executing Agency Ministry of Health and Ministry of Education
Co-financiers BADEA, Government
OPEC Fund Contribution (US$m) 8.00
Total Project Cost (US$m) 18.40

A surge in population growth has led to a demand for low-cost housing on the island. To help meet this need, the government has initiated a social housing development program. The project will complement the program through the construction of additional infrastructure to encourage people to move into the government’s housing scheme. Works will include construction of two primary schools and a secondary school, each of which will be appropriately equipped and furnished. Also planned is the construction of a health center that will provide general medical and dental treatment, as well as reproductive health services such as family planning and pre- and post-natal care.

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