$16.7 million for electrical integration in Central America
CAF approved $16.7 million to partially finance the Electric Interconnection System for the Countries of Central America, the multilateral organism reported today in a release.
Friday, December 19, 2008
These resources will be used to "contribute to the integration and development process in the Meso-American region (...) providing greater and better coverage for electrical services and to unite the markets in the sector," explained Enrique Garcia, executive president of CAF.
Works on the Central American Electricity Interconnection System (SIEPAC in Spanish) are reported to be 95% complete, and are expected to be operational in March 2012.
This electrical interconnection system is expected to operate at full capacity by the end of October.
Costa Rica’s difficulties in expropriating terrains will delay the construction of 70km of electric lines.
Interconnecting Mexico, Central America and Colombia is no easy task, and the Darien obstacle is one of the largest.
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