The ISC La Gonave Master Plan An Environmental, Economic and

The ISC La Gonâve Master Plan
An Environmental, Economic and Financial Development Plan
By
ISLAND SOURCE
C ONSORTIUM Ltd. (ISC)
December 2012
Overview
La Gonâve
Lle de la Gonave
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.
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
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
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.
Size of La Gonâve Island vs. Other Islands
1200
1000
800
KM2600
400
200
0
Martinique
St. Lucia
Grenada
St. Kitts and Nevis
La Gonave
Sinagpore
Singapore
Hong Kong
GNP (billions)
350
300
250
200
150
100
50
?
0
Martinique
(6.1)
St. Lucia
(0.79)
Grenada
(0.81)
St. Kitts and Nevis
La Gonave
(0.31)
(?.??)
Sinagpore
Singapore
Hong Kong
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
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
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
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)
Structure of PID
Government of Haiti
Owns
Port Infrastructure District
(PID)
Manages
Finance
Management
Operations
Land
Tenure
Finance: BOT example
GoH
PID grants
development rights
Rights
Transfers to
PID
Bonds $$
PID $$$
Infrastructure
company
develops port
Builds
$$$
Port fully operational
with steady client
base
Operates
Build Operate Transfer (BOT)
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
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
Master Plan Development: Landuse districts
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 17,060
87.3%
2
International Airport
1,277
3,129 2,940
93.2%
3
Cruise Port & Harbor Village
1910
4711 4,576
97.1%
4
Resort
9,702
23,137 18,708
82.4%
5
Town Center
7,542
18,638 14,926
83.1%
6
Residential Resort
3,511
8,675 6,731
77.6%
7
Village Towns
1214
3000 1,805
60.1%
8
Village Residential
8,318
20,552 16,574
80.7%
9
Open Space
25,850
63,877 6,908
10.8%
Totals
67,229
166,128
90,229
54.3%
Master Plan Development: Phase I
Estimate employment, visitation and residence
Estimated Revenues (PID)
Year 5
Year 10
$412.45M
$824.90M
Year 15
Year 20
$1,237.36M $1,649.81M
Distribution of PID Revenues
Entity
Percent
GoH Central Government
GoH PID (for La Gonâve reinvestment)
GoH Education fund
GoH Workforce Development
GoH Support for the Arts
Ecological Restoration
Farming & Fisheries Support
33
53
04
04
02
02
02
Total
100%
ISC revenues as Master Developer
ISC Task
ISC Revenue
Investment By
PID
Remarks
Reimburseable
Infrastructure & Reimbursement out of first bond
restoration plan
sale
1.
La Gonave Master PM fee + third party ISC investor
Plan
costs & exp.
1.
PID
Master PM fee + third party ISC investor
Infrastructure
& costs & exp.
Financial Plan
100%
1.
LG
Financial PM fee + third partycosts ISC investor
Development Plan
& exp.
Infrastructure & Reimbursement out of first bond
restoration plan
sale
1.
PID Operating Plan
PM fee + third party ISC investor
costs & exp.
100%
- Development Fee
- Participation
- Sublease Fee
- Development Fee
- Participation
- Sublease Fee
- Development Fee
- Participation
- Sublease Fee
- Development Fee
By project
project
stabilization
100%
Master Developer – Phase I
Infrastructure –
Phase I
Land Development – Phase I
Utilities & restoration
Vertical Development Joint - Development Fee
Venture
- Asset Mgmt. Fee
- Participation
PID Operating Phase
- Management Fee
- Asset Mgmt. Fee.
- Sublease Fee
- Participation
New development
Management Fee
- Asset Manage Fee.
- Sublease Fee
- Participation
Infrastructure & restoration
- users
-users investors
- ISC investors
- users
- users investors
- ISC investors
- users
- users investors
- ISC investors
- users
- users investors
- ISC investors
- users
- users investors
- ISC investors
- users
- third party
developers.
- PID bond issues
- users
- third party
developers.
- PID bond issues
Reimbursement out of first bond
sale
Reimbursement out of first bond
sale
at Define development phases so
users inv. & ISC inv. Is near 50– 50.
Same as above
No
Same as above
Partial
Charges based on Capital Recovery
assessment.
No
Defined exit plan for JV.
Varies
When majority of Phase I stabilized,
PID becomes self sufficient.
varies
Same as above
Management Fee
PID
Excess From
capital Could include BOT for infrastructure
- Asset Management Fee. revenue
recovery
& expansion
- PID bond issues
assessment fees.
Master Plan Development: Phase I
Master Plan Development: Phase I
• Develop an island-wide transportation system
concept plan
• Create a system with multimodel
transportation.
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
Post-Panamax Ships
Caribbean Shipping Triangle
La Gonâve Cruise Port
Courtesy of Suisman Urban Designs
Renewable Energy Park
Ocean thermal
Waste to energy
Wind
Bio-fuel
Solar
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
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
ISC Management Plan
GoH Advisory
Committee
ISC Executive Committee
Sean Ahearn, Edmond Heraux, Frantz Reid, Richard Boncy &
Doug Suisman
La Gonave
Liason
Louis Elneus
General Counsel
Frantz Reid
Project Director
Sean Ahearn
Planning Team
Real Estate
Mike Robbins
Charles Fombrun
Housing
Marc Andre
Antonio Rodrigez
Jose Del Rio
Gerard Fombrun
Planning
Doug Suisman,
Finance
(Master Planner)
Edmond Heraux
Alan Hembel
Marc Andre
Joaquin Quinonero
Supporting Studies
Ecological Restoration
Steven Apfelbaum , AES
Teresa Vilarino
PID
iuu
Gene Schiller
Edmond Heraux
Other Studies
Fishery & Ag
Eric Heraux
Labor &Commerce
Herve Denis
ISC Team
Richard Boncy
Edmond Heraux
Charles Fombrun
Gene Schiller
Eric Heraux
Mike Robbins
Sean Ahearn
Marc Andre
Gerard Fombrun
Teresa Vilarino
Herve Denis
Doug Suisman
Alan Hembel
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.)