Toamasina, November 16, 2020
On November 16, 2020, Ambatovy officially handed over constitutive parts of the Communal Development Plans (PCD) to support sustainable development in its interventions areas: in the three communes in the District of Toamasina I and II. These documents complete the Communal Development Plans of the three communes and is part of the Tsaratantana Project, an initiative launched by Ambatovy and the SAHA NGO.
The submitted documents include the community mapping of the rural communes of Toamasina, Amboditandroho and Fanandrana, and was also supported by the spatial planning of the Urban Commune of Toamasina, the Rural Commune of Toamasina, the Rural Communes of Amboditandroho and Fanandrana.
“As part of our continued support for local and sustainable development, this initiative remains vital in the promotion of socially responsible investments and good governance within the communes and community groups”, declared Philippe Beaulne, Ambatovy’s Vice-President for Sustainable Development, during the handover ceremony.
As a reminder, Ambatovy set up a Social Investment Fund (SIF) of $25 million in 2012 to finance social and infrastructure projects in the regions of Atsinanana and Alaotra Mangoro. The Tsaratantana Project, financed through the SIF, aims to strengthen community capacity building in the management of the mining royalties they receive to ensure sustainable development for future generations.
