Digital Republic of the Marshall Islands Project (WB-P171517)

Countries
  • Marshall Islands
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
Proposed
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
Sep 30, 2020
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
Government of Marshall Islands
The holder of the loan, grant, or other investment.
Sectors
  • Communications
  • Law and Government
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 28.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS May 21, 2020

Disclosed by Bank Oct 15, 2019


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Project Description

According to bank documents, the proposed project aims "To expand access to the internet, promote private sector investment in climate resilient digital services, and establish the critical foundations for digital government services and the digital economy in the Recipient’s territory."

Investment Description
  • World Bank (WB)
Contact Information

World Bank
James L. Neumann, Natasha Beschorner
Senior Counsel

Borrower/Client/Recipient
Republic of theMarshall Islands

Implementing Agencies
Ministry of Finance
Alfred Alfred, Jr.
Minister of Finance, Banking and Postal Service
salfred.latuma@hotmail.com

Malie Tarbwillin, Director of DIDA
mtarbwilin@gmail.com

Ministry of Transport and Communication
Phil Phillipo, Secretary
phil.philippo@gmail.com

Marshall Islands National Telecommunications Authority
Tommy Kijiner, President & CEO

kijiner@gmail.com

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.