P4: Pacific Regional Connectivity Program Phase 4: KI: Connectivity Project (WB-P159632)

Countries
  • Kiribati
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
May 31, 2017
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Ministry of Finance and Economic Development
The holder of the loan, grant, or other investment.
Sectors
  • Communications
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 20.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 20.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Oct 24, 2017

Disclosed by Bank Oct 7, 2016


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Project Description
According to WB website, the development objective of the Fourth Phase of the Pacific Regional Connectivity Program Project for Kiribati is to reduce the cost and increase the availability of Internet services in Kiribati. The project comprises of the following components: Component 1. Submarine Cable System Component 2. Technical Assistance (TA) Component 3. Project Management and Administration
Investment Description
  • World Bank (WB)
Contact Information
Team Leader: Natasha Beschorner Senior ICT Policy Specialist, WB No contact information provided at the time of disclosure. Borrower/Client/Recipient: Ministry of Finance and Economic Development Eriati Manaima, Secretary of Finance Email Address: secretary@mfed.gov.ki Implementing Agency: Ministry of Information, Communications, Transport and Tourism Development Michael Bootii Nauran, Secretary Email Address: secretary@mcttd.gov.ki ACCOUNTABILITY MECHANISM OF WORLD BANK The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.