As with any National Interest Operation that enters the operational phase, the EPA Plaine du Var must have a partnership protocol among the funding partners to enable it to initiate and successfully carry out the first development operations of the Eco-Valley.
After the State’s agreement and following the deliberations of the concerned local authorities, the protocol will be signed by the Eco-Valley funding partners: the State, the Nice Côte d’Azur Metropolis, the City of Nice, the Alpes-Maritimes General Council, the Provence-Alpes-Côte d’Azur Region, and the Public Development Agency (EPA) Plaine du Var.
The partnership protocol, which commits the partners for a duration of fifteen years, takes into account the following operations:
– Grand Arénas with two structuring facilities: the Nice-Saint-Augustin-Airport multimodal hub and the future exhibition center;
– Nice Méridia with the urban technopole project and the Eco-campus;
– La Baronne with the future agro-food and horticultural platform;
– The Eco-district of Saint-Martin-du-Var.
These operations, which will be the driving force behind the economic and environmental transformation of the Nice Côte d’Azur Metropolis, will generate over 15 years: 1.3 million square meters of business, commercial, and residential real estate, 27,000 direct jobs and, as part of the activity produced by their realization, 1,600 sustainable jobs over 15 years in the construction sector and 4,300 housing units.
The financial protocol is significant due to the leverage effect it will enable. In fact, by sharing the funding of 64.5 million euros among the signatory partners, the protocol allows the EPA to commit nearly 379 million euros in expenditures for the Plaine du Var, which will in turn trigger nearly 2 billion euros in private investment.
