Aix-en-Provence, in the south of France, has 140 000 inhabitants. It is a university city with about 40 000 students. The proximity to Marseille have led to that 25 000 commutes both ways each day.
On October 30, M. Guy Januel, Directeur Général des Service Administratifs of Communauté du Pays d’Aix (CPA) received Lars M Andersson to discuss the project of creating a local government funding agency in France. CPA is a so-called EPCI (Établissement Public de Cooperation Intercommunale). It comprises of 34 local authorities (communes) around and including the City of Aix-en-Provence.
During this year the CPA has not had any borrowing needs, but are investing heavily in different project. This will probably result in borrowing needs in the years to come. The creation of an agency is very interesting for CPA, and even more so for some of the communes within CPA, which already have experienced problems in borrowing for investments.