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Micronesia Project Notice - Pacific Regional Connectivity Program 2:FSM Connectivity Project


Project Notice

PNR 54015
Project Name Pacific Regional Connectivity Program 2:FSM Connectivity Project
Project Detail The Government of the Federated States of Micronesia (FSM) and the Republic of Palau (Palau) are partnering with the World Bank under the Palau-FSM Connectivity Project (P130592) and the Technical Assistance (TA) Project (P132686). The two governments have requested the Banks support in reforming and investing in improved access to Information and Communications Technology (ICT). The Palau-FSM Connectivity Project, funded by the International Development Association (IDA), comprises the first component of the support program. It is focused on reducing the cost and increasing the availability of international bandwidth for FSM through catalytic public investments in telecommunications infrastructure. The Technical Assistance Project, which is financed by the Australian Government under the Pacific Region Infrastructure Facility (PRIF) Trust fund, comprises the second component of the program. The TA grant, signed in September 2013, will provide advisory support and capacity-building needed to support sector reform and liberalization in FSM and Palau. Overall, both projects are expected to increase the availability of ICT infrastructure and enable the more widespread application of ICT services towards improvements in economic and social development in these countries. The development objective of the Project is to reduce the cost and increase the availability of ICT services needed to supportsocial and economic development in the Recipients territory. Project ID P130592 Status Active Team Leader James L. Neumann Borrower 2 Federated States of Micronesia Country Micronesia, Federated States of Approval Date (as of board presentation) N/A Total Project Cost 1 US$ 72.50 million Implementing Agency Federated States of Micronesia Telecommunications Cable Corporation, Department of Transport, Communication and Infrastructure, Telecommunication Regulation Authority Region East Asia and Pacific Fiscal Year 3 2015 Commitment Amount US$ 25.00 million Environmental Category B Last Update Date July 24, 2023 Closing Date November 30, 2026 Last Stage Reached Bank Approved
Funded By World Bank
Sector Oil & Gas
Country Micronesia , Micronesia
Project Value USD 72,500,000

Contact Information

Company Name Federated States of Micronesia Telecommunications Cable Corporation
Web Site https://projects.worldbank.org/en/projects-operations/project-detail/P130592

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