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Key Players' Views n°11 | Les Outre-mer – Plurielles, naturelles, entreprenantes

24/11/2011

Le onzième numéro de Paroles d’acteurs donne la parole à celles et ceux qui, par leurs engagements professionnels, politiques, associatifs et citoyens, accompagnent les Outre-mer dans leur développement économique et social.

Les acteurs qui s’expriment dans cet ouvrage évoquent leurs contributions à l’amélioration des conditions de vie, à la mise en place d’un développement durable et à l’intégration régionale. Leurs témoignages donnent un aperçu de la diversité des problématiques qui s’expriment dans nos Outre-mer et des réponses que l’AFD et ses partenaires peuvent apporter.

17/11/2011

03/10/2011

07/07/2011

7 July 2011 Board of Directors Meeting: €50m pledged for the French Overseas Communities

07/07/2011

Le Conseil d’administration de l'AFD a autorisé le financement de 5 projets en faveur du développement pour un montant de 50 M€ en faveur de l’Outre-mer.

Martinique: Fort de France investment program.

AFD approved a €14m loan to the Fort de France municipality to partly finance its 2011-2012 investment program.  

Fort de France, with almost 100,000 inhabitants, is Martinique’s largest city. The city is engaged in a pro-active process to improve its budget balances and its savings capacity, which is necessary for its investment program. The main component of the latter is the major development and urban renewal project, which aims to make the city more attractive. It involves restoring the historic center, developing core public facilities and renovating the urban landscape in certain neighborhoods.

French Guiana: Sinnamary investment program.

AFD approved a €7m loan to the Sinnamary municipality to partly finance its 2011 investment program.  

Sinnamary is located on the Atlantic coast, halfway between Cayenne and Saint-Laurent du Maroni and 63 km from Kourou, and is home to the new launch base for the Russian Soyuz rocket. The municipality is planning major investments, mainly for highways, electrification, the construction of school and social facilities and for works to develop the city entrance. Its development strategy is based on making the town attractive and dynamic, managing urban development and promoting economic dynamism.

French Guiana: refurbishment of Cayenne Port

AFD approved a €5.8m loan to the French Guiana Chamber of Commerce and Industry for refurbishment works on quay n°2 at the Dégrad des Cannes Port.

French Guiana’s economy is heavily dependent on transport infrastructure, particularly its ports. Dégrad des Cannes Port, a deepwater port located in the municipality of Rémire-Montjoly, handles 640,000 tons a year, representing 90% of the Department’s maritime trade. An extensive investment program has been designed to modernize its facilities, some of which have been operating for over thirty years. Quay number 2, which is showing signs of wear and is unsuitable for the installation of effective handling equipment, needs to be rebuilt and the storm drain network must also be upgraded. The European Union and French State will be participating in funding the project, which has a total cost of €28.9m.

Reunion: investment program for the West Coast Territory .

AFD approved a €10m loan to the Metropolitan Community of Reunion’s West Coast Territory to finance its 2011 investments.

The Metropolitan Community, gathering the five municipalities of West Reunion, covers a fifth of the island and is home to a quarter of its population, i.e. 210,000 inhabitants. It was set up at the end of 2001 and is today in the midst of a growth phase, with the launch of structural investments under its Metropolitan Project. This project is based on a strategy to plan and develop the region. Its implementation will make it possible to house 80,000 new residents, build 52,000 housing units and produce 200 ha of land for economic purposes. The investment plan focuses on four main sectors: the economy and tourism, land and housing development, the environment and transport. This funding is the first component of the Partnership Framework Agreement to support the implementation of TCO’s multi-annual investment program for 2009-2015 signed with AFD on 22 June 2011.


New Caledonia: investment program for North Province.

AFD approved a €15.9m loan to North Province to finance its 2011 investments.

North Province gathers 17 municipalities and 45,000 inhabitants, i.e. 18% of the population. It covers an area of over 9,500 km² and is a region which holds exceptional biodiversity and world class nickel deposits. North Province’s expertise in the areas of secondary school construction, urban planning, housing, public transport and environmental protection make it a major actor in the development of this region, which makes up half of New Caledonia. It is implementing a local development strategy based on a sustainable approach. It is also applying the notion of rebalancing to its own region in order to reduce economic disparities between the West and East, while ensuring there is a harmonious coexistence between economic activity, mining in particular, and the preservation of its natural resources. 

 

French Overseas Communities 2010 Annual Report Published

22/06/2011
Dov Zerah, Chief Executive Officer of AFD, has presented AFD’s results in the French Overseas Communities. With almost a billion euros of new funding in 2010, AFD has scaled up its support to local authorities and the private sector, in line with the missions entrusted to it by the French State.

AFD and the French Overseas Communities 

AFD is the operator in charge of financing the development of the French Overseas Communities. It has consequently been helping both public and private actors face the crisis which affected the economies of these Communities in 2009. Its action is in line with the objectives defined by the Inter-ministerial Committee for the French Overseas Communities.

In 2010, AFD committed €957 million to finance actions in the French Overseas Communities out of a total of €6.8 billion.

AFD helps local authorities in these Communities define and finance their investment programs in priority sectors, including education, environment, health and transport. In 2010, it increased the amount of loans to local authorities by 27% to allow them to finance and implement their recovery plans.

 

 

Under the French Overseas Communities SME Plan, AFD scaled up its support to companies in these Communities by developing financial tools that give easier access to financing and help strengthen capital bases. The range of products offered to businesses has been extended thanks to the renewed partnership with Oseo.

AFD finances projects that aim to improve living conditions for residents in the French Overseas Communities. By being a shareholder in seven housing companies, it can directly support the construction of social and intermediate housing. It also helps these Communities’ economies to open up by promoting regional trade.

In 2010, AFD’s funding in the French Overseas Communities will help:

  • Improve sanitation networks for 255 000 people
  • Develop over 900 000 m² of business zones
  • Build over 6 000 social housing units benefitting some 18 000 people
  • Treat 330 000 tonnes of waste a year                                                                                   

 

 

Dov Zerah: “In the coming years, we will be focusing the State’s financial support on core infrastructure. We will also be developing direct financing for SMEs’ investment projects alongside our banking partners. The aim is to allow banks to share risks, boost innovative operations and support strategic sectors. AFD has agencies throughout the French Overseas Communities and regularly makes its experts available, meaning it is a long-term and responsive partner for stakeholders in the development of these Communities.”

 
   
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