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Major school renovation program in Martinique

2025

The Territorial Collectivity of Martinique has invested €91 million in a wide-ranging renovation program for its middle schools, high schools, and higher-education institutions.

Loan details

25 years Loan duration

91 M€ Amount granted

90 M€ Project cost

Context

Home to more than 360,000 residents, the Territorial Collectivity of Martinique launched a major renovation initiative covering its middle schools, high schools, and higher-education facilities.

Solution

To support this effort, Sfil and La Banque Postale provided €91 million in long-term social loan financing over 25 years.

Developed in coordination with school principals, the program focuses primarily on maintenance, safety and security upgrades, seismic retrofitting, energy efficiency, school meal services, and the modernization of boarding facilities.

Results

Nearly 350 projects were carried out, including the renovation of dormitories, the creation of new facilities for the French National Institute of Applied Sciences (INSA) at Lycée Schœlcher, the construction of new buildings, asbestos abatement, roof framing and roofing repairs, expansions of school kitchens, carpentry work, enhanced safety measures, and the creation of an agronomy and animal science hub.

84 educational institutions funded

39901 students enrolled annually

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