• 2022 Projects in Madagascar.
    Estimated project costs - $10bn USD
    Planned start date - June 2022

Madagascar's Projects

HGT represented by HG Technologies (SA) are engaged in on-going discussions with the Madagascar government regarding major infrastructure projects including National Road Construction Project (Phase 1) 1.1bn USD, Airports Project 6.5bn USD.

If these projects are agreed upon, they will be fully financed by HGT and Partners to the estimated value of approximately $12bn, the anticipated start date for the projects is early 2022. The full project details are as follows:-
National Road Project (1,1bn USD)
Solar Power Project (1.4bn USD)
Housing Project (1,2bn USD)
Airports Project (6,5bn USD)
Tourism Hotels Project (240m USD).

Our Partners

FEASIBILITY STUDY TEAM

When HGT plan to appoint a world class team who will be on the ground during 2022.

Two World Class Hotel Developments

Estimated Project Costs $240m USD

Location: Outskirts of Capital – Antananarivo and Fianaratsoa Province, Opposite the Airport Antananarivo is the National capital of Madagascar and in the urban framework. Today the city has a population of about 1.4 million inhabitants, with languages namely Malagasy and French. Fianarantsoa Province is a former province of Madagascar. It has an area of 103,272 km² and population of 3,366,291. The province along with the 5 others was abolished in 2007 in favour of creation of smaller regions to facilitate administration. Description 2 x 150 Room International Hotels (Modern Standards) Availability of Pre-Feasibility Studies, Feasibility Studies, and other Studies: Pre-feasibility study not done yet. HGT waiting for Approved designs. Estimated Cost of the Project 1. USD 120m each Mode: Public- Private Partnership.

Airports Project

Airports Project (USD 6.5bn) Local & International Airports 3 Airports Location: 2 International Airports (Cap St Marie and Fianarantsoa) Cape Sainte Marie formerly known as Cape Romain and Cape St. Mary, is the southernmost point of Madagascar. The island forms an administrative district within Analanjirofo Region and covers an area of 222 km2. It has a population estimated at 30,000. Fianarantsoa is in the east-central Madagascar. It lies on the eastern fringe of a forested escarpment at an average elevation of 4,000 feet (1,200 metres) and consists of upper and lower towns, surrounded by woodland with a population of 274,667 residents 1 Local International Airport (Sambava Province) Sambava is a city and commune at the east coast of northern Madagascar, with an estimated the area is 4,681.76 km2 (1,808 sq mi) and the population was estimated to be 84,039. Availability of Pre-Feasibility Studies, Feasibility Studies, and other Studies: Pre-feasibiity study available in French, translation to be done by HG Technologies Confirmation of Feasibility Studies, site visit & site Establishment to be conducted by HG Technologies before 30th April 2022. Estimated Cost of the Projects 2x International Airports - USD 2,5bn each 1x Local Airport - USD 1,5 bn .

3 Completely new state of the art Airport developments.

Housing Project $1.2bn USD

Location - Antananarivo

36,000 Units: 2 & 3 bed Townhouses Antananarivo is the National capital of Madagascar and in the urban framework. Today the city has a population of about 1.4 million inhabitants, with languages namely Malagasy and French. Atsimo-Andrefana is a country part of Madagascar. The region used to be part of the Fianarantsoa Province. The biggest cities are Toliara and Betioky. Fianarantsoa Province is a former province of Madagascar. It has an area of 103,272 km² and population of 3,366,291. The province along with the 5 others was abolished in 2007 in favour of creation of smaller regions to facilitate administration. Description: Modern Single storey and Low-density designs Availability of Pre-Feasibility Studies, Feasibility Studies, and other Studies: Pre-feasibiity study conducted (report available) GoM Bank Repayment Guarantee & GoM Buyout commitment letters available Full feasibility study, Site Visit & Other - Yet to be conducted by HG Technologies before 30th April 2022

HG Technologies.

HGT House, Arabe Rehezavana
Antananarivo,
Madagascar

T +268 76288110
F +268 76288110


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