PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

554078

Primary Business Area

Infrastructure

Disclosure Date

May 25, 2009

Country

Lebanon

Region

Middle East

IFC Approval Date

Jul 9, 2007

Status

Completed

Estimated Total Budget

$2,077,760.00
(Project budget includes all project-funded activities)

Last Updated Date

Nov 30, 2016

Project Estimated Start Date

Jul 1, 2007

Project Description

The project provides transaction advisory assistance to the government of Lebanon to introduce private sector participation in the power sector for a new independent power producer plant and the concessioning of an existing power plant. The objective is to improve access to and reliability of the country’s electricity supply, reduce governmental subsidies, and lower electricity production costs.