A Plenary Session Firmly Focused on Sustainable Development and Infrastructure in Martinique
A total of 39.7 million euros injected into the economy
The plenary session attended by the elected officials of the Martinique Assembly, chaired by Yann Monplaisir, 1er The visit of the Vice President of the Martinique Assembly on June 5 and 6, 2018, was intense and productive.
In fact, the elected officials had to vote on 112 proposals covering a wide range of topics, including education, social services, public housing, sustainable development, sports, culture, the economy, infrastructure projects, public works, and the allocation of various forms of aid, grants, financial contributions, and European funds.
It should also be noted that during the period from March 6 to April 5, 2018, public procurement was supported by 5.3 million euros in spending.
In accordance with the guidelines adopted during the debate on budgetary priorities, this plenary session was notable for the CTM’s implementation of improved financial engineering to secure additional funding to supplement the funds raised by the CTM, particularly from European funds.
Adoption of 14 capital funding plans
Thus, for the first time, 14 financing plans were presented for capital projects in education, infrastructure, and fishing ports, totaling more than 126.3 million euros including €44.1 million in European funds, €61 million from the CTM, and €20.8 million from the government.
24 European Fund Applications
24 European funding proposals (including 12 in agriculture) were adopted and also submitted for inclusion in the programming, totaling 29.3 million euros in funds raised Europeans and 7.7 million CTM's contribution of [amount] euros toward 89.8 million euros in eligible costs in the areas of agriculture, fisheries, infrastructure, and tourism:
Breakdown:
- EAFRD €3,577,902.60 – ERDF €25,511,493.436 – EMFF 273 632,30€
This clearly illustrates the ongoing acceleration of the European funds programming process.
Grants and Financial Contributions
Elected officials have committed to 3 million euros in grants and other financial initiatives in the social sector, sports, land-use planning, and economic development.
Public Housing
Drawdown of €6,224,379 in loan guarantees from the CTM for the construction of 62 housing units social housing projects in Fort-de-France and Le Marin by SMHLM and OZANAM, and for the Renovation and Seismic Retrofitting for a multi-year plan 4,600 public housing units from SIMAR and 552 OZANAM public housing units.
The buildings are distributed as follows:
- OZANAM: 47 housing units in Fort-de-France
Loan of 3,187,270 €
CTM Loan Guarantee of 1 274 €908.00, up to 40 %
- SMHLM: 15 housing units in Fort-de-France
Loan of €1,096,450.00
CTM loan guarantee of €438,580.00, up to 40%
The plenary session concluded with an in-depth debate among elected officials on the state of healthcare facilities in Martinique. They expressed their solidarity with the efforts made by healthcare professionals to alert the government to the deteriorating conditions of the healthcare system and the Martinique University Hospital.
Finally, the elected officials unanimously adopted a motion calling on the government to recognize the sargassum invasion as a natural disaster, urging it to do everything in its power to combat this scourge and provide assistance to the communities, municipalities, businesses, affected by this veritable disaster.
Read the full text of the motion here:
MOTION OF THE ASSEMBLY OF THE LOCAL AUTHORITY OF MARTINIQUE – Plenary Session, June 5–6, 2018
Source: http://www.collectivitedemartinique.mq/pleniere-5-6-juin-397-millions-deuros-injectes-dans-leconomie/
