PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

562748

Primary Business Area

Infrastructure

Disclosure Date

May 25, 2009

Country

Yemen, Republic of

Region

Middle East

IFC Approval Date

Jun 20, 2008

Status

Completed

Estimated Total Budget

$4,578,839.00
(Project budget includes all project-funded activities)

Last Updated Date

Nov 30, 2016

Project Estimated Start Date

May 13, 2008

Project Description

The project provides transaction advisory assistance to the government of Yemen to introduce private sector participation in the power sector to structure and implement a new gas-fired independent power-generation plant. The objective is to increase private sector investment in the country’s power sector, reduce the burden on the public budget, and increase the supply of reliable and sustainable power.