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- INTEGRATED GROWTH POLES’ ENERGY ACCESS ENHANCEMENT PROJECT, PHASE II (PIC 2.2)
INTEGRATED GROWTH POLES’ ENERGY ACCESS ENHANCEMENT PROJECT, PHASE II (PIC 2.2)
Madagascar
| Borrower | Madagascar |
| Financing Type | Public Sector |
| Instrument | Project Loan |
| Focus Area | Energy |
| Approved | 16.12.2020 |
| Signed | 04.03.2021 |
| Status | Ongoing |
| Loan Administrator | OPEC Fund |
| Executing Agency | Madagascar MinEcoFin |
| OPEC Fund Contribution (US$m) | 15.00 |
| Total Project Cost (US$m) | 21.75 |
The project will contribute to the reduction of the persistent electricity deficit in project areas, upgrade urban and rural feeder roads to improve market access and support key value chains, and empower local communities to develop their agriculture and tourism-related skills.