The ISC La Gonve Master Plan

An Environmental, Economic and Financial Development Plan

By
ISLAND SOURCE
C ONSORTIUM Ltd. (ISC)

December 2012

Overview

La Gonve

Lle de la Gonave

Respect for Haitis Sovereignty

Under the ISC Master Plan for La
Gonve Island, the Government of
Haiti will continue to own 100% of La
Gonve Island.

Consistent with Haitis Action Plan for

National Recovery
Use a targeted regional development strategy
Increase Haitis 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 Gonve

Generate hundreds of thousands of jobs and put Haiti on a new path to
recovery
Create a La Gonve revenues plan with funds going to reinvestment in La
Gonve and to GoH
Create a template for development in other parts of Haiti

Unique Attributes of La Gonve Island

1. Capability for deep water port.
2. Proximity to the Windward Passage, the
worlds 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 Gonve 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 Gonve
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.

Industrial Zone

2,968

19,208 17,060

87.3%

International Airport

1,277

3,129 2,940

93.2%

Cruise Port & Harbor Village

1910

4711 4,576

97.1%

Resort

9,702

23,137 18,708

82.4%

Town Center

7,542

18,638 14,926

83.1%

Residential Resort

3,511

8,675 6,731

77.6%

Village Towns

1214

3000 1,805

60.1%

Village Residential

8,318

20,552 16,574

80.7%

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 Gonve 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 Gonve
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 Gonve 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 Gonve Plan
Establish the La Gonve 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.)