The ISC La Gonâve Master Plan An Environmental, Economic and Financial Development Plan By I S L A N D S O U R C E C ONSORTIUM Ltd.

Transcription

1 The ISC La Gonâve Master Plan An Environmental, Economic and Financial Development Plan By I S L A N D S O U R C E C ONSORTIUM Ltd. (ISC) December 2012

2 Overview La Gonâve

3 Lle de la Gonave

4 Respect for Haiti s Sovereignty Under the ISC Master Plan for La Gonâve Island, the Government of Haiti will continue to own 100% of La Gonâve Island.

5 Consistent with Haiti s Action Plan for National Recovery Use a targeted regional development strategy Increase Haiti s resilience through decentralization of commerce, industry and infrastructure Create hundreds of thousands of new jobs for Haitians Create world-class educational opportunities for Haitians

6 Goals of ISC Plan Create a new engine for economic growth and prosperity for the people of Haiti Create a thriving new environment for commerce, industry and tourism Create a new eco City of La Gonâve Generate hundreds of thousands of jobs and put Haiti on a new path to recovery Create a La Gonâve revenues plan with funds going to reinvestment in La Gonâve and to GoH Create a template for development in other parts of Haiti

7 Unique Attributes of La Gonâve Island 1. Capability for deep water port. 2. Proximity to the Windward Passage, the world s busiest sea lane 3. The current widening of the Panama Canal by 2014 makes the Island an ideal location for a global trans-shipment port. 4. Excellent location for international airport hub for the Americas. 5. Effective natural protection provided by the mainland mountains functions as a hurricane screen.

8 1200 Size of La Gonâve Island vs. Other Islands KM Martinique St. Lucia Grenada St. Kitts and Nevis La Gonave Sinagpore Hong Kong Singapore

9 GNP (billions) Martinique St. Lucia Grenada St. Kitts and Nevis La Gonave Sinagpore Hong Kong (6.1) (0.81) (0.31) (?.??) Singapore (0.79)?

10 Why a Master Plan? With Integrated development Developers know the context of their environment Land rights established for local population Balanced planned growth Natural resource protection planned from the beginning Without Ad-hoc development Unknowns for developers limit investment No land rights for local population Unbalanced irregular growth Lacks protection for natural resources

11 Principles of the Master Plan Port and Infrastructure District (PID) Green Energy Technologies World Class eco City of La Gonâve Balance between development and ecological restoration

12 Principles of Master Plan (cont) Comprehensive transportation system Island-wide tram system New island ferry network Respect and support for the cultural and artistic heritage of the Haitian people (Artist Town) An inclusive planning process that encompasses all stakeholders

13 Port Infrastructure District (PID) A wholly owned Unit of the Haitian Government Has its own Charter approved by GoH Responsible for finance, management, operations and land tenure Revenue bond issuing authority through International Community (i.e. Diaspora bonds)

14 Structure of PID Government of Haiti Owns Port Infrastructure District (PID) Manages Finance Management Operations Land Tenure

15 Finance: BOT example GoH PID grants development rights Rights Infrastructure company develops port Transfers to PID $$$ PID Bonds $$ Builds $$$ Port fully operational with steady client base Operates Build Operate Transfer (BOT)

16 Master Plan Development: Phase I Level I landuse suitability analysis Generate slope map Source 10 meter Digital Elevation Model Map out developable land <= 10% slope

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18 Master Plan Development: Phase I Locate anchor landuses based on physiographic of land and access to deep water Trans-shipment port Cruise port Airport Designate other land-use districts based on relative location, physiography and proximity to water

19 Master Plan Development: Landuse districts

20 Master Plan Development: Phase I Overlay Landuse map to get developable land for each class Use No. Description Total Area Hectares Total Area Acres Useable Area Acres Useable Pct. 1 Industrial Zone 2,968 19,208 17, % 2 International Airport 1,277 3,129 2, % 3 Cruise Port & Harbor Village , % 4 Resort 9,702 23,137 18, % 5 Town Center 7,542 18,638 14, % 6 Residential Resort 3,511 8,675 6, % 7 Village Towns , % 8 Village Residential 8,318 20,552 16, % 9 Open Space 25,850 63,877 6, % Totals 67, ,128 90, %

21 Master Plan Development: Phase I Estimate employment, visitation and residence

22 Estimated Revenues (PID) Year 5 Year 10 Year 15 Year 20 $412.45M $824.90M $1,237.36M $1,649.81M

23 Distribution of PID Revenues Entity Percent GoH Central Government 33 GoH PID (for La Gonâve reinvestment) 53 GoH Education fund 04 GoH Workforce Development 04 GoH Support for the Arts 02 Ecological Restoration 02 Farming & Fisheries Support 02 Total 100%

24 ISC revenues as Master Developer ISC Task ISC Revenue Investment By PID Reimburseable 1. La Gonave Master PM fee + third party ISC investor Infrastructure & Plan costs & exp. restoration plan Remarks Reimbursement out of first bond sale 1. PID Master Infrastructure & Financial Plan PM fee + third party costs & exp. ISC investor 100% Reimbursement out of first bond sale 1. LG Financial Development Plan PM fee + third partycosts & exp. ISC investor Infrastructure & restoration plan Reimbursement out of first bond sale 1. PID Operating Plan PM fee + third party costs & exp. ISC investor 100% Reimbursement out of first bond sale Master Developer Phase I Infrastructure Phase I Land Development Phase I - Development Fee - Participation - Sublease Fee - Development Fee - Participation - Sublease Fee - Development Fee - Participation - Sublease Fee - users -users investors - ISC investors - users - users investors - ISC investors - users - users investors - ISC investors Utilities & restoration - Development Fee - users - users investors - ISC investors Vertical Development Joint Venture PID Operating Phase New development - Development Fee - Asset Mgmt. Fee - Participation - Management Fee - Asset Mgmt. Fee. - Sublease Fee - Participation Management Fee - Asset Manage Fee. - Sublease Fee - Participation - users - users investors - ISC investors - users - third party developers. - PID bond issues - users - third party developers. - PID bond issues By project at project stabilization 100% Same as above No Partial No Varies varies Define development phases so users inv. & ISC inv. Is near Same as above Charges based on Capital Recovery assessment. Defined exit plan for JV. When majority of Phase I stabilized, PID becomes self sufficient. Same as above Infrastructure & restoration Management Fee - Asset Management Fee. - PID Excess revenue - PID bond issues From capital recovery & assessment fees. Could include BOT for infrastructure expansion

25 Master Plan Development: Phase I

26 Master Plan Development: Phase I Develop an island-wide transportation system concept plan Create a system with multimodel transportation.

27 Master Plan Components An industrial trans-shipment container port A world class City of La Gonâve A cruise port with a retail resort center A central power plant, including a renewable energy park A manufacturing and distribution center

28 Post-Panamax Ships

29 Caribbean Shipping Triangle

30 La Gonâve Cruise Port Courtesy of Suisman Urban Designs

31 Renewable Energy Park Waste to energy Ocean thermal Wind Bio-fuel Solar

32 Master Plan Components (cont) An international business and city center General and specialty hospitals Resort housing, hotels, golf and marinas Housing in multiple villages for local and mainland workers who want to live on the Island

33 Master Plan Components (cont) An international airport with maintenance and jet fuel facilities Ecological restoration Transportation: island-wide light rail & ferry system Schools and community churches

34 ISC Management Plan GoH Advisory Committee ISC Executive Committee Sean Ahearn, Edmond Heraux, Frantz Reid, Richard Boncy & Doug Suisman La Gonave Liason Louis Elneus Project Director Sean Ahearn General Counsel Frantz Reid Real Estate Mike Robbins Charles Fombrun Planning Team Planning Doug Suisman, (Master Planner) Marc Andre Joaquin Quinonero Finance Edmond Heraux Alan Hembel Housing Marc Andre Antonio Rodrigez Jose Del Rio Gerard Fombrun Ecological Restoration Steven Apfelbaum, AES Teresa Vilarino Supporting Studies iuu PID Gene Schiller Edmond Heraux Fishery & Ag Eric Heraux Other Studies Labor &Commerce Herve Denis

35 ISC Team Richard Boncy Edmond Heraux Sean Ahearn Mike Robbins Herve Denis Charles Fombrun Marc Andre Gerard Fombrun Doug Suisman Gene Schiller Eric Heraux Teresa Vilarino Alan Hembel

36 Next Steps Government of Haiti (GoH) MOU with ISC for path forward for La Gonâve Plan Establish the La Gonâve Working Group (LGWG) with goal of creating an island-wide Port-infrastructure district (PID) Designate ISC as the Master Developer Island Source Consortium (ISC) Manage the LGWG and guide toward legislation for La Gonave PID Establish Land Tenure for the Island Identify anchor shipping line for trans-shipment port (ISC) MOU between ISC and Shipping Line Capitalize ISC with first $2M Investment Group Obtain funding/support from International agencies (i.e. IDB, OPIC etc.)