Caisse des Dépôts supporting Collectivité’s restoration of utilities, telecommunications

President Daniel Gibbs with Caisse des Dépôts et Consignations Director for the Antilles-Guyane Pascal Hoffmann.

 

MARIGOT–President Daniel Gibbs, on Wednesday, received Caisse des Dépôts et Consignations (CDC) Director of the Antilles-Guyane Pascal Hoffman and his team in connection with restoring the territory’s electricity and telecommunications networks following the damage caused by Hurricane Irma.

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CDC aims to support local stakeholders in the implementation of their projects by providing innovative solutions. It is with this financial and technical support that the President of the Collectivité wishes to promote reconstruction projects, notably the burying of electrical and telecommunications networks which began last December in Grand Case sector and will require two years of work.

President of the Republic Emmanuel Macron had guaranteed the support of Caisse des Dépôts et Consignations alongside public institutions and St. Martin companies in the post-cyclone reconstruction process. Gibbs was pleased to welcome Hoffman who expressed his interest in working closely with the Collectivité.

Hurricane Irma destroyed almost all the island’s utility networks, demonstrating their unsuitability to withstand intense hurricanes. The cost of burying networks that were once overhead is estimated to cost 12 million euros.

Trenches of 60km must be dug to accommodate all the electricity distribution networks and telecommunication conduits. Through this partnership with CDC, the Collectivité has the possibility of coordinating the burying of networks to reduce the impact of construction sites on the environment, improve work organisation and reduce nuisances. It also aims to reduce the investment costs of the work for Collectivité.

For President Gibbs, the support of CDC is crucial as it will be able to finance certain studies related to reconstruction and managing civil engineering work.

Concerned about the security of the territory and its inhabitants, President Gibbs and his team have made a firm commitment to build an entire underground electricity and telecommunications network by 2020. This infrastructure will make it possible for conduits to be made available to all operators in return for the payment of an occupancy charge.

Also attending the meeting were Director of General Services (DGS) Philippe Mouchard, Director of Digital Technology and Audio Visual Jean-Pierre Razin, Director of Information Systems Gilles Gumbs and Territorial Councillor in charge of developing new technologies Jean-Sébastien Hamlet.

Source: The Daily Herald https://www.thedailyherald.sx/islands/73526-caisse-des-depots-supporting-collectivite-s-restoration-of-utilities-telecommunications

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