PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

600759

Primary Business Area

Cross-Industry Advisory Services

Disclosure Date

Dec 9, 2015

Country

Tanzania

Region

Africa

IFC Approval Date

Jan 30, 2015

Status

Completed

Estimated Total Budget

$740,357.00
(Project budget includes all project-funded activities)

Last Updated Date

May 4, 2019

Project Estimated End Date

Jun 30, 2016

Project Description

The project seeks to transform the operations of the Zanzibar Electricity Corporation (ZECO), which currently operates with high system losses, affecting the economic and social development on the island nation. The project will be implemented in two separate phases. In the first phase, IFC will perform detailed legal, technical, financial, and environmental and social analyses, summarize its findings, and provide RGoZ with recommendations for attracting a private partner to improve the operations of ZECO. Should RGoZ accept these recommendations, IFC would then support RGoZ to run an open and competitive tender process to select a private sector partner for RGoZ.

Development Results

E&S Risks / Impacts and Mitigation