The World Bank approved on July 6, 2026, a $225 million financing package for the PRODUIRE2 project, aimed at strengthening urban resilience and creating jobs in Madagascar's two largest cities: Greater Antananarivo and Greater Toamasina.
Concrete targets by 2032
By 2032, the project aims to benefit 1.5 million people through climate-resilient infrastructure. The specific targets are: 20,000 households rebuilt to earthquake- and cyclone-resistant standards, 50,000 land plots equipped with digital land documentation, and approximately 17,000 jobs created in construction and urban services.
Priority projects
In Antananarivo, the project will fund the rehabilitation of drainage canals C3 ter and C3 bis — critical infrastructure in a capital regularly hit by flooding — alongside solid waste management and informal neighbourhood upgrades. In Toamasina, Madagascar's main port, the focus is on rebuilding resilient housing and rehabilitating essential facilities: schools, health centres, and the University of Barikadimy.
Funding comes from three sources: the World Bank Group, the Global Facility for Disaster Reduction and Recovery (GFDRR), and the Government of Japan through its Quality Infrastructure Investment (QII) Partnership.
Why it matters
For an island whose growth is projected at 3.6% in 2026 — below its potential — this financing represents a significant injection into the urban economy. Resolving land registration issues, in particular, is a prerequisite for any sustainable real estate or industrial development in Madagascar. The 17,000 direct jobs and rehabilitated infrastructure can accelerate the attractiveness of the country's two economic poles for regional investors.
Source: World Bank press release, July 6, 2026