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Can anyone help please!

Discussion in 'Major Projects in Tanzania' started by mwathai, Oct 23, 2012.

  1. m

    mwathai Senior Member

    #1
    Oct 23, 2012
    Joined: Apr 2, 2012
    Messages: 189
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    I am doing a research on world bank financing of development projects in east Africa. There is an emerging trend that WB is either sabotaging development in east Africa by pulling out of projects, especially large projects, at the last minute. or it opposes projects that have significant impact on poverty alleviation in EA using all sorts of excuses.
    I think the first such project was the kihansi hydro-project in early 2000 in TZ. Mid 2000s, it opposed the bujagali hydro project in UG, then it is now opposing the Karuma dam also in UG.

    In Kenya, the bank advised on privatisation of KR and UR. It even advised on the potential bidder and chose the winner, then pulled out of the project at the last minute virtually grounding it. Three years ago, the Bank -again through IFC, advised on what would have been the first toll road in kenya-the southern by pass in Nairobi. It again pulled out of the deal at the last minute.
    Now the bank is questioning the viability of the largest wind power project in kenya and has pulled out. Before these are presented as funding proposals to the bank, feasibility studies and business models are simulated and the consultants are satisfied that the projects are a good buy.
    Why does the bank reject them. Anyone with similar experiences on other projects in the region?
     
  2. m

    mwathai Senior Member

    #2
    Oct 23, 2012
    Joined: Apr 2, 2012
    Messages: 189
    Likes Received: 0
    Trophy Points: 0
    I am doing a research on world bank financing of development projects in east Africa. There is an emerging trend that WB is either sabotaging development in east Africa by pulling out of projects, especially large projects, at the last minute. or it opposes projects that have significant impact on poverty alleviation in EA using all sorts of excuses.
    I think the first such project was the kihansi hydro-project in early 2000 in TZ. Mid 2000s, it opposed the bujagali hydro project in UG, then it is now opposing the Karuma dam also in UG.

    In Kenya, the bank advised on privatisation of KR and UR. It even advised on the potential bidder and chose the winner, then pulled out of the project at the last minute virtually grounding it. Three years ago, the Bank -again through IFC, advised on what would have been the first toll road in kenya-the southern by pass in Nairobi. It again pulled out of the deal at the last minute.
    Now the bank is questioning the viability of the largest wind power project in kenya and has pulled out. Before these are presented as funding proposals to the bank, feasibility studies and business models are simulated and the consultants are satisfied that the projects are a good buy.
    Why does the bank reject them. Anyone with similar experiences on other projects in the region?
     
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