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The OPEC Fund
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Development
  1. Operations
  2. Program to Improve the National Distribution Systems (Loan 1)

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Program to Improve the National Distribution Systems (Loan 1)

Dominican Republic

Borrower Dominican Republic
Financing Type Public Sector
Instrument Project Loan
Focus Area Energy
Approved 15.12.2021
Status Ongoing
Loan Administrator OPEC Fund
Executing Agency MEM
Co-financiers IADB, Government
OPEC Fund Contribution (US$m) 60.00
Total Project Cost (US$m) 295.00

To support the government’s effort to reduce electricity distribution losses and improve the efficiency of the electrical infrastructure nationwide. Civil works will include the construction of new substations and distribution networks and the rehabilitation of existing ones in provinces situated in the north and east of the country. Around 1.3 million people are to benefit from the program.

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