Photo © John Leber/IFC
Tis series provides an overview o successul public-private partnerships in various inrastructure sectors,where IFC was the lead advisor.Tis version refects updated results collected through a ormal project post-completion monitoring review.
IFC Advisory Services inPublic-Private Partnerships2121 Pennsylvania Ave. NWWashington D.C. 20433ifc.org/pppupdated
For the frst time ater nearly 20 years o almost no electricity,the 1.5 million citizens o Monrovia have access to commercialpower services thanks to a management-contract set up withthe assistance o IFC and a group o international donors.
Liberia: Liberia Electricity Corp.
In April 2010, IFC concluded the design and tendering o a fve-year managementcontract or the Liberia Electricity Corporation (LEC), the electricity utility in the capi-tal city o Monrovia. Manitoba Hydro International (MHI) o Canada was awarded themanagement contract, and took over LEC operations on July 1, 2010. The Europe¬anUnion, Norway, USAID and the World Bank are providing $50 million in donor undsor the operator to greatly expand and improve electricity services in Monrovia be-tween 2010 and 2015.