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France Relaunch : eight first productive investment projects supported in overseas territories

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As part of the deployment of the “France Relance” plan presented by the Government at the beginning of September, eight first winners of the industrial investment acceleration fund in the territories have been selected in Overseas Territories. Eight projects under the sign of modernization and industrial ecological transition.
Ces huit premiers projets lauréats représentent plus de 5,7 millions d’euros de subventions pour un total de plus de 26,2 millions d’euros d’investissements productifs, avec à la clé la création de plus de 50 emplois. "Overseas territories benefit from all the support measures for businesses" recalls the Minister of Overseas Territories, Sébastien Lecornu qui explique que « ces premiers projets ont vocation à être suivis par d’autres en 2021 et 2022, qui s’ajouteront au 1,5 milliard d’euros fléchés sur l’Outre-Mer. I invite overseas companies that have development projects to apply, as soon as possible, to these calls for projects. » Au moins 1,5 milliard d’euros seront en effet consacrés d’ici fin 2022 à des projets dans les territoires ultramarins. Eight inter-municipal authorities in Guyana, from Guadeloupe, of Martinique and Reunion already benefit from the national program "Territories of industry" to support, in connection with the Regions-Communities, territorial action plans led by elected officials and industrial players mobilized at the local level.

Industry, stimulus lever
Given the weight of the agri-food sectors, construction, energies, new technologies or space. industry is a strong lever for the revival of economic activity at the national level. To allow industrial companies to bounce back from the crisis, the Deputy Minister for Industry Agnès Pannier-Runnacher announced, as part of "France Relance", the launch of the industrial investment acceleration fund in the regions, doté de 400 millions d’euros d’ici à 2022.
"The Industrial Investment Acceleration Fund in the Territories allows, concretely and today, to relocate strategic and job-creating activities to our regions. These first effects of the recovery plan in the overseas territories are the result of a mobilization on the ground, in perfect collaboration between state services and those of the communities involved, whose work I applaud in recent weeks "underlines the Minister for Industry.

Two projects from Réunion

Bois-Bourbon Archipelago Habitat Bois Experience
The project consists of financing a production plant located in Saint-Pierre for the development of a manufacturing activity of wooden structures and industrial frames for the construction of single-family houses and buildings and for renovation.. This factory and the pending patent filings will allow an increase in activity and the production of ancillary materials and codexes. Un investissement industriel de plus de 2,9 million euros. Twelve new direct jobs could be created.
Glass Ter’Native
This Reunion Island project aims to build regional glass waste treatment units, by transforming them into value-added materials which will be redistributed in short circuits. The amount of the project aims to acquire the land, build the factory, equip it with machines, recruit skills and launch operations. Le projet représente un investissement industriel de 3,7 million euros. Ten new direct jobs are planned thanks to this project which will take place in Saint-Benoît.

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