Caye Caulker to Ambergris Caye submarine cable
Sector: Government • Location: Belize
Source: World Bank Group
The project involves the installation of 10.4 KM submarine cable to connect the island of Caye Caulker, Belize, to the national power grid from neighbouring Ambergris Caye. The total project cost is around $ 8.6 million, of which Belize Electricity will provide $ 1.8 million. Belize Electricity is the primary distributor of electricity in Belize. The Government of Belize owns 32.6% stake, the Soci
- Status
- Prospective
- Sector
- Government, Power Generation (CCGT), Telecommunications, Power Transmission, Water Supply and Storage, Seaport
- Location
- Belize
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency |
Status
Original status | active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The project involves the installation of 10.4 KM submarine cable to connect the island of Caye Caulker, Belize, to the national power grid from neighbouring Ambergris Caye. The total project cost is around $ 8.6 million, of which Belize Electricity will provide $ 1.8 million. Belize Electricity is the primary distributor of electricity in Belize. The Government of Belize owns 32.6% stake, the Social Security Board (SSB) owns 31.2% (resulting in public sector interest of 63.8%), Fortis Cayman Inc. owns approximately 33.3% and over 1,500 small shareholders own the remaining 2.9% stake. Caribbean Development Bank (CDB) provides a loan of $ 6.8 million, using 45% funds from the European Investment Bank and 55% own resources to Belize Electricity Financial close was announced on 3 June 2019. https://www.caribank.org/newsroom/news-and-events/cdb-connect-island-caye-caulker-belizes-national-electricity-grid-making-gains-environment-energy |
Original sector | Information and communication technology (ICT) |
Budget |
Location
Country | Belize |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Government, Power Generation (CCGT), Telecommunications, Power Transmission, Water Supply and Storage, Seaport |
Article published date | 2024-06-03 |
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