Economy
Economic Cooperation - US Investments Strengthen Infrastructure
American investments could contribute to infrastructure development in Madagascar. With this in mind, the Minister of Economy and Finance, Dr Aimé Herinjatovo Ramiarison, met on September 1st at Antaninarenina with Tom Bevan, Chargé d'Affaires a.i. of the United States Embassy, accompanied by an American delegation. The discussions focused primarily on mobilizing private capital to meet the country's significant needs. Roads, energy, electrical networks and digital infrastructure are among the sectors likely to benefit from this financing. Given limited public resources, public-private partnerships (PPP) appear as a lever to accelerate project implementation. The energy sector also occupies a central place in this cooperation. Madagascar aims to increase the share of renewable energy to reduce its dependence on imported fuels and sustainably improve access to electricity. Access to water and health are also part of the cooperation prospects. Studies on water resource exploration are being considered, while health cooperation concerns laboratories, frontline personnel, supply chains and disease surveillance.
Source: L'Express de Madagascar