YEARBOOK

ECONOMIC REPORT

YEARBOOK

ECONOMIC REPORT

In partnership with the Presidencies, the Prime Ministers' Offices, the Ministries and the APIs

In partnership with the Presidencies, the Prime Ministers' Offices,
Ministries and Investment Promotion Agencies

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Madagascar – The Miami Project

Madagascar – The Miami Project

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Consists of developing the seaside of Toamasina into an attractive beach, The first phase was launched in November 2020. 

The goal is to beautify and redevelop the seaside by installing tourist attractions and entertainment spaces to make it a place worthy of the tourist beach of Miami, in the United States. This project was one of President Andry Rajoelina's campaign promises during the 2018 election.

The first phase involves the creation of an 800-meter-long protective structure along the coast, the construction of a garden, a skate park, an outdoor sports field, and commercial spaces. This work will be completed in March 2021. Ratsimilaho Boulevard, which runs along the seafront, is also being rehabilitated.

At the same time, the project to rehabilitate the road between Morafeno and Hospitaly Be will help ease traffic congestion in the city of Toamasina. This road was built of concrete to ensure its long-term viability. 

This Toamasina waterfront development project, also known as the "Miami" project, will soon take shape. It complements the expansion work at the Port of Toamasina. In addition to its tourism focus, the project also aims to promote the sports and leisure industry.

The rehabilitation of the Besakana and Manjakamiadana Palaces 
Twenty-five years after the fire that ravaged the Royal Palace, the restoration work on Besakana, the oldest palace in the Anatirova region, was carried out with respect for history, culture, and traditions. The government thus took on the challenge of renovating this historic monument in just a few months. The Rova of Antananarivo, now called the "Rova of Madagasikara," will be built as a museum housing elements of Madagascar's history. At the same time, the Manjakamiadana Palace, or the Queen's Palace, the former official residence of Madagascar's rulers in the 19th century, was also rehabilitated.