France’s contributions to development actions in the Maldives [fr]
1/ Actions of the French Development Agency (AFD)
After the tsunami that hit the Maldives in December 2004, the Government of France asked the French Development Agency to intervene in the Maldives on the basis of a very specific mandate in order to take part to the reconstruction of damaged infrastructures and support the small and medium enterprises that were hit by the tsunami This specific mandate, limited in time, has relied on very concessional financings which amount to 18,5 million Euros in the Maldives.
a) Infrastructures reconstruction project
A project of reconstruction of infrastructure for a total of 15 million Euros was launched in 2008. It includes the rehabilitation and reconstruction of harbours in two islands and the construction of sewerage networks in two other islands:
Rehabilitation, reconstruction and extension of harbours for 5 million Euros. This component aims to rebuild the damaged docks, to strengthen breakwaters and to deepen the basins and access channels for the islands of Ungoofaaru and Manadhuu. The coming to an end of this work is scheduled for 2013.
Construction of sewerage networks for 10 million Euros This component aims to build sewerage networks on the islands of Laamu Gan and Gaafu Dhaalu Thinadoo, which should be operational by 2014. In addition, a Technical Assistance to the Ministry of Housing and Environment is also funded under the project.
b) Credit line to Bank of Maldives
A line of credit of 5 million dollars was also conducted with the Bank of Maldives to refinance loans for small businesses that were hit by the tsunami (mostly fisheries and construction enterprises). The funds have been fully disbursed by the AFD.
2/ Action of the French Global Environment Facility (FGEF): mapping project
From 2009 to 2011, the French Global Environment Facility (FGEF) funded a project to assess and monitor the effects of global warming in the Maldives through the acquisition of environmental data and the development of operational tools and indicators for monitoring and evaluation. The operation fits into the overall strategy at the National Action Plan for Adaptation (NAPA), supported by the Global Environment Fund (GEF), the United Nations Development Programme (UNDP) the European Union and the World Bank.
The total amount of the project is 6.4 million Euros and the contribution of FGEG is 1.5 million Euros, representing 23.7% of the total budget.
The project has been implemented in sound conditions by the French group FIT and a final symposium was held in the Maldives in early July 2011.
(Last update: 21/05/2013)