Sponsors can identify qualified local maintenance providers. CPTL’s international maintenance provider departed with the majority shareholders and was successfully replaced with a local provider. If the project sponsors or project management teams are able to find suitably qualified local operation and maintenance solutions, costs to the project are likely to be lower and an important opportunity to create skilled jobs is created from the outset. During the evaluation mission it emerged that often where international equipment and financiers are involved in project finance, there is a perception among sponsors that international maintenance providers are required. Through ADB’s due diligence with lenders’ engineers, ADB may be well placed to take a leadership role in considering local maintenance providers alongside international providers where sponsors put forward these options for lenders’ consideration. It is the sponsors who select the parties to implement the project, not ADB, and quality maintenance is a critical element of a successful project. The suggestion then is to check early in the project development process that project sponsors understand that ADB will consider various options to deliver a successful project.
(Cambodia) Power Transmission Lines Co., Ltd., Power Transmission Project