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World Bank to fund West Africas Power Pool Project

By Ferricks Dainsee

(lbsonline/Liberia)-The World Bank has agreed to fund the West Africa Power Pool project   that will supply member countries, including Liberia, with electricity.

Deputy Planning and Economic Affairs Minister, Marcus Dahn, made the disclosure when he spoke to lbsonline Monday 21st January 2013 in Monrovia.

Dr. Dahn said: “The West Africa Power Pool will supply the border counties, including Nimba, Grand Gedeh, Lofa, Maryland, Bong and Grand Cape Mount, among others”.

The Deputy Planning and Economic Affairs Minister’s statement followed a high power Liberian delegation’s meeting with their counterparts in Sierra Leone.

The meeting intended putting together the responsibilities and obligations of service-receiving countries and the benefits of the West Africa Power supply.

Dr. Dahn said: “Despite the World Bank’s preparedness to fund the project, the benefiting countries including Liberia, Guinea and Sierra Leone, among others, will also provide free land and finance to facilitate the project”. “The West Africa Power Pool is part of ECOWAS’ projection to connect its capitols with paved roads, create free movement for its citizens and improve their conditions”, he said.

“The provision of electricity by the West Africa Power Pool will help maximize the productive capacities of major concession companies operating in the counties that are benefiting and those to benefit from the service”. Dr. Dahn said: “The facility will also help make Liberia a middle income country”.

Liberia’s delegation to the meeting included the ministries of Planning and Economic Affairs, Justice and, Lands, Mines and Energy, as well as the Liberia Electricity Corporation (LEC). 

 


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