Summary
Over the 30 year project life cycle, US$3.2 billion (over US$100 million
annually) will be spent in Madagascar. It is expected that the Ambatovy
Project will:
•
increase local capital investment in Madagascar by over
US$1.3 billion (over 30 years) or US$45 million annually and create
1,400–2,000 direct jobs for local workers, through the project
lifetime;
•
generate over US$80 million lifetime or approximately US$2.8 million
annual income and 4,600 indirect jobs, in other sectors, through local
project expenditures;
•
induce the creation of approximately 2,800 jobs in other sectors to
satisfy the demands of increased consumer spending; and
•
contribute approximately US$25 million annually to government
revenues, of which about 50% might be used to create additional
indirect job opportunities.
Cumulative Effects With Other Foreseeable Projects
The following are the main ongoing and planned projects and activities
which could overlap with effects from the Ambatovy Project:
•
deforestation due to logging and tavy agriculture;
•
conservation protection for the Ankeniheny–Zahamena forest
corridor;
•
reforestation brought about by the regional Carbon Project;
•
future management of the Torotorofotsy Ramsar site;
•
growth in ecotourism;
•
Andasibe sawmill activities;
•
four graphite mines (Andasibe, Toamasina, Brickaville and
Vatomandry);
•
paved and unpaved roads upgrading;
•
upgrading a segment of the Madarail system operating within the
study area;
•
growth in urban centres and villages;
•
dry port development south of Toamasina; and
•
Logistique Pétrolière Terminal project south of Toamasina.
Analyses were undertaken of the potential for Ambatovy Project impacts
to combine with these foreseeable future activities to produce cumulative
impacts. Cumulative impacts of higher magnitude than that already
assessed for the project alone, were usually not identified. Some
exceptions are noted below.
January 2006
Ambatovy Project — 50
