Power and Communications Sectors Modernization and Rural Services Project (PROMEC)

The Project will support the Government’s efforts to deepen pro-competition reforms in the telecommunications and electricity sectors, implement policies that will extend these services to the poor in rural areas as well as communication services for small and micro businesses, and adopt programs that foster efficient use of energy and use of RET for rural electrification. The overall project will have the following six major components: (a) Strengthening legal, regulatory and institutional framework; (b) Promotion of competition and private investment; (c) Service extension in rural and peri-urban areas, including off grid electrification with GEF financing; (d) Enhancement of energy efficiency with GEF financing; (e) Development of communications and information activities; and (f) Project coordination and management.

Financial mechanism
GEF
Date of approval
Status
Completed
Countries
Managing organisations
State Modernization Council (CONAM)
Implementing organisations
World Bank
Project ID
938
GEF project type
Full size
GEF project phase
GEF - 2
GEF Cofinancing
$40.410.000
GEF project grant
$2.490.000
Executing Agencies
State Modernization Council (CONAM)