Boosting the economy in Madagascar

9 April, 2015

SACIMEM, our subsidiary in Madagascar, has helped renovate the airport in Antsirabe to boost the local economy.

Antsirabe is the third largest city in the country but its local airport has been neglected and only private planes have been using it.

Local companies, including SACIMEM, worked in partnership with the State Civil Aviation Authority to open Antsirabe's airport to the outside world.

The renovation programme, which was 60 per cent funded by the private sector, has enabled Antsirabe to establish important commercial links with Antananarivo and Fianarantsoa.

During the partnership agreement signing ceremony, the President of Madagascar said: "Anything is possible when the State and private sector work together. The economic impact will be huge for Antsirabe which is renowned for manufacturing and agro-business."

Our General Manager for Southern Africa and Indian Ocean Jean-Claude Starczan said: "It is important and pleasing that Imperial has once again demonstrated its commitment to economic development in Madagascar."

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