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Press Releases

April 27, 2018

Japanese ODA Loan for the Toamasina Port Development Project: Long-expected groundbreaking ceremony held in Madagascar

photoMadagascar President Hery Rajaonarimampianina gives an address

On April 23, the groundbreaking ceremony for the Japanese ODA project, Toamasina Port Development Project, was held by Toamasina Autonomous Port (SPAT) [1] in Madagascar. The loan agreement for the project was signed between the Japan International Cooperation Agency (JICA) and the Government of the Republic of Madagascar for up to 45.214 billion yen and is the largest Japanese ODA loan agreement to Madagascar since the latter achieved independence.

Madagascar President Hery Rajaonarimampianina, various cabinet members, a district governor and a representative from Toamasina attended the ceremony as part of the government delegation from Madagascar. Also in attendance were representatives from the local private sector (including from banks and construction companies), and from Japan, Ambassador to Madagascar from Japan Ichiro Ogasawara and Chief Representative Hironobu Murakami of the JICA Madagascar Office attended, for a total of more than 400 people.

photoThe groundbreaking ceremony

In an address to start the ceremony, Christian Avellin, General Director of SPAT, expressed his deeply sincere emotions that came with the start of the Toamasina Port Development Project after having overcome political crises and innumerable other obstacles. Calling the ceremony a historic step for Madagascar, he said that strong initiative would be taken to complete the project through close cooperation with JICA and all other related parties. In response, Ogasawara said that the project to expand Toamasina Port, the largest commercial port in Madagascar, would make a significant contribution to the country’s economic development. Noting that Japan was Madagascar’s top donor, he also said that the project had strategic importance from the perspective of the “Free and Open Indo-Pacific Strategy,” an initiative promoted by Japanese Prime Minister Abe. Then Rajaonarimampianina expressed his high hopes that the success of the project would contribute, as the most important domestic project for Madagascar, to the country’s economic development not only by accelerating other new projects in Toamasina but also by directly leading to an increase in private investment in a wide range of areas in Madagascar, including Antananarivo, the capital city.

Under the construction set to begin, wave-dissipating blocks will be created for a breakwater, and the construction will be implemented and supervised by Japanese companies [2]. In addition, the project will carry out expansion of the breakwater, expansion and dredging of the container freight berths, and an expansion of the container yard, in that order, with project completion scheduled for 2026.

1: Société du Port à Gestion Autonome de Toamasina
2: Consultants: Joint Venture of Oriental Consultants Global Co., Ltd., ECHO CORPORATION
Contractor: PENTA-DAIHO JOINT VENTURE

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