France : Premier décaissement de 18 millions d’euros en faveur du gouvernement pakistanais pour la reconstruction des zones affectées par le séisme du 8 octobre 2005

Le 30 mars 2007

The French Government (through the French
Development Agency) has released 18 M € to ERRA for the rural housing
reconstruction of the earthquake affected areas. It is the first disbursement of
a 40 million Euros financing agreement, which was signed on 15 November 2006.

 

During the International Donors Conference held
on 19 November 2005 in Islamabad, the French Minister for Foreign Affairs, Mr.
Philippe Douste-Balzy, pledged 80 million Euro ($ 94 million) in soft loan for
reconstruction and rehabilitation of the earthquake affected areas. Half of this
pledge - 40 million Euro ($ 47 million) - is earmarked for the rural housing
sector. The French soft loan dedicated to the rural housing sector is
implemented through the French Overseas Development Assistance financial
institution - the French Development Agency (AFD).

 

The 40 million Euro housing component of the
project focuses on the reconstruction and rehabilitation of individual houses in
accordance with Para-seismic standards given by ERRA. These funds are retroceded
by ERRA in the form of compensations to private persons to finance the
reconstruction of their houses. The implementing agency ERRA is in-charge of
carrying out the project.

 

This Rural Housing reconstruction Project has
two components :

 

1. Compensation for reconstruction of destroyed or
damaged houses on the basis of the general scheme adopted by the Pakistani
authorities.

 

2. Support for project management by i) a provision
which permits financing of occasional expert studies, the terms of reference
will be defined as needed ; ii) logistical support to the implementing Agency ;
iii) the establishment of a technical analysis laboratory in Muzaffarabad.

 

The French Government
is currently identifying with the Pakistani Authorities, the sectors in which
the second half of the French pledge (40 million Euros) could be used.

Dernière modification : 28/10/2008

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