Financing

Signature of the INTERREG agreement between Reunion and Madagascar

After the signing of framework agreements with Mauritius and the Comoros, it was Madagascar’s turn to sign on 14 August with the Réunion Region for the implementation of the INTERREG V Indian Ocean 2014-2020 programme.

 

 

The INTERREG V Indian Ocean 2014-2020 programme provides the Réunion Region with 63.3 million euros from the ERDF (European Regional Development Fund) to carry out co-development actions with the countries in the area.

With the support of Europe, new concrete projects can be undertaken,” emphasises Didier Robert, President of the Réunion Region. The INTERREG V programme managed by the Region aims to strengthen development actions. It is up to us to use it for the benefit of our territories. Cooperation is a key to Réunion’s success, the key to a real dynamic for the greater Indian Ocean area.”

 

Source : Oté La Réunion – Madagascar and La Réunion sign an interreg framework agreement.

Priority areas have been defined by Madagascar and Reunion:

  • Increase the international research and innovation potential in the Indian Ocean ;
  • Supporting the development of economic exchanges in the Indian Ocean zone ;
  • To strengthen the knowledge and development of the natural heritage of the Indian Ocean zone;
  • These priorities, defined in relation to the EU’s thematic objectives for 2020, are broken down into specific objectives and priorities and topics of common interest.

 

Source : Outremers360

 

The projects that emerge and can be funded must take all these elements into account. These projects can come from institutions, professional organizations or even companies but always in the direction of the development of Madagascar and inter-island cooperation. The previous programme included projects as diverse as the training of micro-credit operators, the restructuring of a network of rice cooperatives, the publication of a directory of experts and consultants of the international technical cooperation between Reunion and Madagascar, and a programme for the management of the risk of floods and landslides in Tananarive

Read the article on the Eco Austral website

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