CARIBBEAN REGIONAL COMMUNICATIONS INFRASTRUCTURE PROGRAM ADDITIONAL FINANCING (WB-P171791)

Regions
  • Latin America and Caribbean
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
Jan 10, 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.
Sectors
  • Communications
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 11.60 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)
$ 11.60 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 Jan 13, 2020

Disclosed by Bank Dec 16, 2019


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Project Description

According to the bank's document, this project aims to increase access to regional broadband networks and advance the development of an Information and Communications Technology-enabled (ICT) services industry in the Caribbean Region. This will entail the following: (i) financing construction, testing and operation of the broadband network as well as its supervision during the first year of its completion; (ii) promoting ICT-led innovation; and (iii) further support for the implementation of the project as well as monitoring and evaluation assistance. 

Investment Description
  • World Bank (WB)
Contact Information

Borrower/Client/Recipient

Ministry of Finance, Planning, Economic Development and Physical Development (GRE): Patricia Clarke, Permanent Secretary (Ag) pdmclarke@gmail.com

Caribbean Telecommunications Union: Bernadette Lewis, Secretary General bernadette.lewis@ctu.int

Ministry of Finance, Econ. Planning, Sustainable Development and Information Technology (SVG): Camillo Gonsalves, Minister cenplan@svgcpd.com

Department of Finance, Ministry of Finance, Econ. Growth, Job Creation and Ext. Affairs (St. Lucia): Cointha Thomas, Permanent Secretary cointha.thomas@govt.lc 

Implementing Agencies

Ministry of Finance, Econ. Planning, Sustainable Development and Information Technology (SVG) Roxanne John, Project Coordinator rjohn@svgcpd.com

Ministry of Infrastructure Development, Public Utilities, Energy, Transport and Implementation (GRE): Imi Chitterman, Project Coordinator mychitterman@gmail.com

Ministry of Finance, Econ. Growth, Job Creation, Ext. Affairs & Public Service (St. Lucia): Cheryl Mathurin, Project Coordinator chmathurin@gosl.gov.l:c

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.