world bank regional development project georgia

The World Bank Implementation Status & Results ReportRegional Development Project (P126033)

2/9/2015 of 7

Public Disclosure Copy


Regional Development Project (P126033)

EUROPE AND CENTRAL ASIA | Georgia | Urban Development Global Practice | IBRD/IDA | Specific Investment Loan | FY 2012 | Seq No: 4 | ARCHIVED on 09-Feb-2015 | ISR16295 |

Implementing Agencies:

Key Dates

Key Project Dates

Board Approval date:20-Mar-2012 Effectiveness Date:31-May-2012

Planned Mid Term Review Date:14-Oct-2013 Actual Mid-Term Review Date:26-May-2014

Original Closing Date:31-Dec-2016 Revised Closing Date:31-Dec-2016

Project Development Objectives

Project Development Objective (from Project Appraisal Document)The Project Development Objective is to improve infrastructure services and institutional capacity to support the development of tourism-based economy and cultural heritage circuits in the Kakheti region

Has the Project Development Objective been changed since Board Approval of the Project Objective? No

PHRPDODEL

Name Previous Rating Current Rating

Progress towards achievement of PDO Satisfactory Satisfactory

Overall Implementation Progress (IP) Satisfactory Satisfactory

Overall Risk Rating -- Moderate

Implementation Status and Key Decisions

Components

NameInfrastructure Investment:(Cost $56.90 M)

Institutional Development:(Cost $3.10 M)

Overall Ratings


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The Project is on track to achieve its development objective. The overall implementation is assessed as satisfactory. The Project Implementation Entity (MDF) almost completed its reorganization process to improve its quality of supervision, contract management and coordination with various agencies involved. Considerable amount of works have been completed. The mission acknowledged not only the outputs achieved under the project, but also the outcomes already visible on the ground. In sites in which the project provided financing for physical investments, as well as in their proximity, a number of small businesses have opened, creating permanent job opportunities for Georgians, while offering services to both the resident population and tourists (main streets of Telavi, road to David Gareji, road segments per PPP sub-projects completed, etc.). A review of the Intermediate Results Indicators after 29 months (almost 2.5 years) of implementation presents good results.

Risks

Systematic Operations Risk-rating Tool

Risk Category Rating at Approval Previous Rating Current Rating

Political and Governance -- -- Moderate

Macroeconomic -- -- Low

Sector Strategies and Policies -- -- Low

Technical Design of Project or Program -- -- SubstantialInstitutional Capacity for Implementation and Sustainability -- -- Low

Fiduciary -- -- Low

Environment and Social -- -- Moderate

Stakeholders -- -- Low

Other -- -- --

Overall -- -- Moderate

Results

Project Development Objective IndicatorsPHINDPDOTBL

Increase weighted average number of hours per day of piped water services in project areas (Number, Custom)


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Baseline Actual (Previous) Actual (Current) End Target

Value 8.00 12.00 12.00 24.00

Date 30-May-2012 06-Jun-2014 24-Dec-2014 31-Dec-2016

PHINDPDOTBL

Reduce weighted average vehicle operating cost due to improved urban roads (Percentage, Custom)


Value 100.00 92.00 90.00 75.00


PHINDPDOTBL

Increase volume of private sector investments (Amount(USD), Custom)


Value 0.00 10.00 10.00 50.00


PHINDPDOTBL

Increase number of hotel beds in circuit route areas (Number, Custom)


Value 1610.00 2511.00 2719.00 1932.00

Date 30-May-2012 31-Oct-2013 24-Dec-2014 31-Dec-2016

PHINDPDOTBL

Increase points of sales (tickets, souvenirs shops, restaurants, hotels, guesthouse and family houses) in renovated culture heritage sites and cities (Number, Custom)


Value 248.00 282.00 300.00 323.00

Date 30-May-2012 31-Oct-2013 24-Dec-2014 31-Dec-2016


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Overall Comments

Intermediate Results IndicatorsPHINDIRITBL

Piped household water connections that are benefiting from rehabilitation works undertaken by the project (Number, Core)


Value 0.00 4258.00 4258.00 500.00


PHINDIRITBL

Number of people in urban areas provided with access to all-season roads within a 500 meter range under the project (Number, Core)


Value 0.00 40400.00 40400.00 50000.00


PHINDIRITBL

Number of private investment proposals approved (Number, Custom)


Value 0.00 9.00 10.00 10.00


PHINDIRITBL

Number of redeveloped culture heritage sites along the the tourist circuit (Number, Custom)


Value 0.00 5.00 11.00 11.00



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PHINDIRITBL

Production/Distribution of new maps based on geotourism database (Number, Custom)


Value 0.00 2000.00 19449.00 10000.00


PHINDIRITBL

Number ofstablished and operating of destinataion management offices (Number, Custom)


Value 0.00 0.00 0.00 3.00


PHINDIRITBL

Number of buildings restored in Telavi, Kvareli and Dartlo (Number, Custom)


Value 0.00 210.00 210.00 150.00


PHINDIRITBL

Direct project beneficiaries (Number, Core)


Value 0.00 54500.00 54900.00 30800.00



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PHINDIRITBL

Female beneficiaries (Percentage, Core Supplement)


Value 0.00 28504.00 28504.00 16140.00


Overall Comments

Data on Financial Performance

Disbursements (by loan)

Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed

P126033 IBRD-81480 Effective USD 60.00 60.00 0.00 52.37 7.63 87%

Key Dates (by loan)

Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date

P126033 IBRD-81480 Effective 20-Mar-2012 28-Mar-2012 31-May-2012 31-Dec-2016 31-Dec-2016

Cumulative Disbursements


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Restructuring History

There has been no restructuring to date.

Related Project(s)

There are no related projects.

world bank regional development project georgia

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