Power and Communications Sectors Modernization and Rural Services Project (PROMEC)

Project Summary

The Project will support the Government’s efforts to deepen pro-competition reforms in the telecommunications and electricity sectors, implement policies that will extend these services to the poor in rural areas as well as communication services for small and micro businesses, and adopt programs that foster efficient use of energy and use of RET for rural electrification. The overall project will have the following six major components: (a) Strengthening legal, regulatory and institutional framework; (b) Promotion of competition and private investment; (c) Service extension in rural and peri-urban areas, including off grid electrification with GEF financing; (d) Enhancement of energy efficiency with GEF financing; (e) Development of communications and information activities; and (f) Project coordination and management.

Project Details

GEF Project ID
Project Type
Full-size Project
Focal Areas
Funding Source
GEF Trust Fund
Implementing Agencies
The World Bank
Executing Agencies
State Modernization Council (CONAM)
GEF Period:
GEF - 2
Approval Fiscal Year:


Project Preparation Grant Amount
350,000 USD
GEF Project Grant
2,490,000 USD
Co-financing Total
40,410,000 USD
GEF Agency Fees
463,000 USD
Total Cost 43,250,000.00 USD

Project Timeline

Received by GEF
Preparation Grant Approved
06 Nov 2000
Concept Approved
01 Feb 2001
Project Approved for Implementation
17 Oct 2001
Project closed
02 Sep 2009