CABEI promotes exchange between public and private actors in the Honduran electricity sector

Tegucigalpa, September 9, 2021.-  In order to encourage the exchange between public and private actors involved in the electricity sector in Honduras, the Central American Bank for Economic Integration (CABEI) supported the Honduran Private Enterprise Council (COHEP) in the implementation of three workshops to analyze the progress, challenges and opportunities of the implementation of the General Law of the Electricity Industry (LGIE).

The workshops are given by the Institute of the Americas (IOA) with the support of the Honduran Private Enterprise Council (COHEP) and national panelists. The first two were held virtually, where a roadmap was drawn up on the challenges facing the sector to promote the implementation of the new LGIE, improve market conditions and guarantee continuity of service to the population.  This approach was presented to the presidential candidates in this third workshop, which was held in person today.

During the event, CABEI's Executive President, Dr. Dante Mossi, spoke about the economic importance for Honduras of strengthening the electricity sector and commented: "We are pleased to have encouraged this public-private dialogue and we will continue to support Honduras' electricity sector by financing different initiatives and projects that contribute to improving energy efficiency, as well as expanding coverage, sustainability and quality of service.

The main table at the event was attended by CABEI Country Chief Officer in Honduras, Andrea Kafati, COHEP Vice President Mateo Yibrin and, for IOAS, Jeremy Martin.

CABEI has demonstrated its support for the electricity sector reform process in Honduras through two Development Policy Operations (OPD), as well as technical cooperation for the creation of the Executing Unit in charge of the spin-off of the Empresa Nacional de Energía Eléctrica (ENEE), a crucial process for the transformation to a more efficient, competitive and sustainable sector.