financing to the municipality of medellin

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Financing to the Municipality of Medellin Seminar ALIDE - AFD November 2014

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Economy & Finance


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Esta ponencia fue presentada por Laurence Rouget-Le Clech, directora Adjunta para América Latina y el Caribe de la Agencia Francesa de Desarrollo (AFD), durante la realización del seminario "Líneas y Programas de Financiamiento Internacional de la Agencia francesa de desarrollo (AFD)", en la ciudad de Lima, Perú, los días 20 y 21 de noviembre de 2014.

TRANSCRIPT

Page 1: Financing to the municipality of Medellin

Financing to

the Municipality of Medellin

Seminar ALIDE - AFD

November 2014

Page 2: Financing to the municipality of Medellin

1. Context

Colombia :

- The Municipal level has competencies and legitimacy

- Over the last years, big municipalities, were able to take advantages of the political and financial autonomy to conduct innovative policies and initiate deep changes ;

Medellin :

- Second City in Colombia , economic and financial center , with a population of 3,8 M

- Very well managed municipality , good financial situation, high indebtedness capacity ;

- A city with a genuine urban development strategy (social urbanism) : a vision, competencies, instruments, successes ;

- A strategic project ;

- A shared interest for exchanges and for French expertise

Page 3: Financing to the municipality of Medellin

2. Social Urbanism and PUIs

Urban Social Planning : Urban Social Planning is an urban approach whichmakes the citizen a central actor of the changes in his city. He is « co-responsible » of each public initiatives that is launched in this process. Theobjective is regain confidence in the policy :

massive and rapid transformation of the districts, associating the population ateach stage,

combining physical transformation and capacity development of the inhabitants

giving dignity back to the people (the most beautiful for the poorest).

The Integral Urban Project : a three – fold tool to conduct a policy of socialurbanism : physical transformation, social transformation, institutionaltransformation

Page 4: Financing to the municipality of Medellin

3. First Integral Urban Project (PUI)

PUI north east

Page 5: Financing to the municipality of Medellin

P

Integral Urban Project :USD 400 M millions de dollars in the Center East Zone of the City

A transport component (providing access to the city) : a tram system and 2 new urban funicular lines to connect the center of the city and the Center East neighborhoods. The objective is also to reconnect these poorest zones to the city ;

An Integral Urban Project component : massive investment in the Center-East area, public infrastructure, housing, etc ; social inclusion is a central objective;

Impacts : 2 municipalities, 300 000 people

IDH

4. Le projet

Page 6: Financing to the municipality of Medellin

5. AFD Support to the Center-East PUI

A USD 250 million loan over 20 years, to finance the transport component of the Center-East Integral Urban Project : a tram system and two funicular lines

A technical cooperation programe :

Support to the Integral Urban Project model : capitalization (writings) et mainstreaming of the model (Exhibition at Pavillon de l’Arsenal in octobre2011and APUR)

French participation to design the Plan Medellin 2030 (Bio 2030) – APUR

Scientific evaluation of the mobility policy – PlanètePublique

Page 7: Financing to the municipality of Medellin

Thanks for your attention