Wow.. How did this not make the rounds sooner. First I've seen of this from only 1 month ago. Great DD. Incase folks didn't read the entire post...
President Hery Rajaonarimampianina expressed his government’s appreciation, noting: “I welcome the continued and tangible support of the World Bank to help improve the social and economic development of Madagascar.
“I am very pleased that the commitments announced in Paris have begun to materialise into action through projects.”
Parties involved
According to media, the discussion was attended by ministers of finances and budget, Gervais Rakotoarimanana, economy and planning, Herilanto Raveloharison, and the Governor of the Central Bank, Alain Rasolofondraibe.
A region rich in hydro resources, Vassilis Koutras, managing director for Francophone countries for Dominovas Energy, a US-based power solutions firm, said that the country's hydro potential is high and developments are looking promising.
"Madagascar’s hydro potential of 7,000MW represents a tremendous opportunity for Dominovas Energy and signifies a leap forward for Madagascar. Madagascar is one of our top priorities for development and operation of multiple power projects," Koutras noted in a statement late last year.