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

Regions
  • Latin America and Caribbean
Geographic location 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
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Jan 10, 2020
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
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, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 11.60 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. 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, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Other Related Projects
Primary Source

Original disclosure @ WB website

Updated in EWS Jan 13, 2020

Disclosed by Bank Dec 16, 2019

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Contact the EWS Team

Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed 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
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

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.

How it works

How it works