Lesotho - Public Utilities Sector Reform Programme


Project Summary

Approval Date 22 Nov 2000
Signature Date 14 Mar 2001
Planned Completion Date 31 Dec 2005
Last Disbursement Planned Date 31 Dec 2006
Sovereign / Non-Sovereign Sovereign
Sector Multi-Sector
DAC Sector Code 73010
Environmental Category 2
Commitment U.A 6,492,628.58
Status Completion

Project General Description

This intervention is related to the Public Utilities Sector Reform Programme. It aims to strengthen Lesotho's economic competitiveness and reduce poverty through rehabilitation of basic infrastructure, restructuring and privatization of public bodies. The main components of the Program are: (i) the management and restructuring of the National Electricity Corporation (LEC); (ii) privatization of the LEC; (iii) establishment of a regulatory agency; and (iv) assistance to the privatization unit.

Project Objectives

The objective of the Programme is to promote private sector participation in key public utilities in Lesotho to ensure improved efficiency, wider access to basic services and sustainability of the operations of the public utilities.

Beneficiaries

The beneficiaries of the program are: the Government of Lesotho (Ministry of Finance, Privatization Committee), Lesotho Electricity Corporation (LEC), the Electricity and Telecommunications subsectors, consumers, businesses, the private sector.

Participating Organization

Funding
African Development Fund
Extending
Government Of Lesotho
Implementing
GOVERNMENT OF LESOTHO MINISTRY OF FINANCE

Information

IATI identifier 46002-P-LS-KE0-001
Last Update 01 Dec 2022

Export

Contact Details

Geographic Location

Country Lesotho
Coordinates Location Name
-29.5 28.25 Lesotho