According to the United Nations World Population Ageing report (2017), 13% of the global population are aged 60 years or above. The report estimated that this demography is growing at a rate of 3% per year. The trend can also be seen in Seychelles where the total number of pensioners (63 years and above) was 10,951 accounting for roughly 10% of the total population.
Until now, the Government of Seychelles has taken virtually full responsibility for the provision of care – providing Elderly Homes to a very small portion of the elderly, home carers directly to the homes of those who need it, and in-patient medical care for those with serious conditions.
Due to the growth in pensioners and increased demand for elderly care facilities, the National Council for the Elderly (NCE) in partnership with the Seychelles Investment Board (SIB) are seeking for sealed Expressions of Interest (EOI) from businesses, companies or joint ventures to provide for the design, development and management of three main elderly care facilities namely Day Centres, Residential Retirement Homes and Residential Nursing Homes.
SIB organised a public meeting on Wednesday 24th July 2019 at the National Tender Board conference room, to present the EOI and to engage with the public. Present at the meeting as panellists were Mrs. Linda William-Melanie, the Principal Secretary of the Department of Social Affairs, Ms. Cindy Vidot, the Chief Executive Officer of the Seychelles Investment Board (SIB), Mr. Marcus Simeon, the Chief Executive Officer of the Agency for Social Protection and Mr. Dwight Stravens, Ag. Chief Procurement Officer of the Procurement Oversight Unit.
During her presentation on the EOI, Ms. Vidot shared a situation analysis of the elderly population and elderly care in Seychelles currently, followed by an explanation on the three types of facilities needed. The attendees were able to learn about the submission requirements of the EOI, which include business/company registration certificate, relevant licenses if applicable (in country of residence), related experience, source of funds and CVs of the management team or company profile. Also highlighted were the evaluation criteria being used, such as the bidder being registered as a commercial entity (in Seychelles or internationally) and the applicant having experience in providing similar services.
Following the presentation, members of the public were invited to share questions that they had. Speaking during the Q&A session, Ms. Vidot stated that this EOI “provides a strong opportunity for business in a sector that nobody is tapping into right now” and encouraged interested investors to express their interest before Monday 07th October.