News Focus
News Focus
Followers 12
Posts 357
Boards Moderated 0
Alias Born 06/29/2015

Re: chiflow post# 43772

Tuesday, 02/14/2017 12:28:11 PM

Tuesday, February 14, 2017 12:28:11 PM

Post# of 50725
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.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today