Seychelles President visits Qatari Diar

The delegation was headed by H.E. Mr. James Alix Michel, the President of the Republic of Seychelles and Qatar's Minister of State H.E. Mr. Hamad Bin Nasser Bin Jassem Al Thani who is also Head of the accompanying Mission of Honor. Accompanying H.E.,were several high-level officials from the Republic of Seychelles.

The delegation was received by CEO of Qatari Diar Mr. Ghanim bin Saad Al Saad, and his Senior Executive team from Qatari Diar.

The presidential delegation was specifically briefed on the latest updates on the Seychelles project as well as generally briefed on some of Qatari Diar's most distinguished projects around the world . Qatari Diar is planning to add to the top-quality facilities available for tourism and business in the Republic of Seychelles, a five-star resort, with full leisure and shopping amenities, as well as freehold residential villas.

The $400m luxury development is to be located in the South of Mahe, the main island of the Seychelles archipelago. The stone-laying ceremony of this 840,000 square meter resort was held earlier this year on June 1st 2008. The ceremony was attended by high-ranking officials of the two countries, as an active support to the development of high-quality infrastructure in this popular tourist destination and newly attractive business centre.

Speaking at the meeting, H.E. Mr. James Alix Michel commented:

"This visit is very important to us because Qatari Diar is developing a beautiful project in Seychelles which acts as a landmark in the friendship and cooperation between Qatar and Seychelles which I hope will continue to grow."

Qatari Diar Real estate Investment Company is an investment company of the Qatari government, is wholly-owned by the Qatar Investment Authority.