Document of The World Bank FOR OFFICIAL USE ONLY IMPLEMENTATION COMPLETION REPORT (CPL-36180; SCL-3618A; SCPM-3618S; CPL-36190; CPL-36200; CPL-36210)
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1 Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Document of The World Bank FOR OFFICIAL USE ONLY Report No: MOR IMPLEMENTATION COMPLETION REPORT (CPL-36180; SCL-3618A; SCPM-3618S; CPL-36190; CPL-36200; CPL-36210) ON FOUR LOANS 1N THE AMOUNT OF US$130 MILLION TO THE KINGDOM OF MOROCCO, CREDIT IMMOBILIER ET H6TELIER, WAFABANK and SOCIETE GENERALE MAROCAINE DE BANQUE FOR A LAND DEVELOPMENT PROJECT FOR LOW-INCOME FAMILIES Infrasturucture Develoment Group Middle East and North Africa Region DECEMBER 28, 2000 This document has a restricted distribution and may be used by recipients only in the perfonmance of their official duties. Its contents may not otherwise be disclosed without World Bank authorization.
2 CURRENCY EQUIVALENTS (Exchange Rate Effective ) Currency Unit = Moroccan Dirham (DH) DH 1 = US$ 0.12 at appraisal (January 1, 1993) 0.10 at closing date (June 30, 2000) US$ 1 = 8.50 DH at appraisal (January 1, 1993) 9.98 DH at closing date (June 30, 2000) FISCAL YEAR January 1 to December 31, up to FY96 January 1 to June 30, 1997 July 1 to June 30, FY 97/98 to FY99/00 ABBREVIATIONS AND ACRONYMS ANHE BMCE CIH ERAC FNAET GoM SNEC ICB LCB MoF MoI SGMB TVA VIT Agence'Nationale de Lutte contre l'habitat Insalubre Banque Marocaine de Commerce Exterieur Credit Inmmobilier et Hotelier Etablissements Regionaux d'amenagement et de Construction Fonds National d'achat et d'equipement des Terrains Government of Morocco Societe Nationale d'equipement et de Construction International Competitive Bidding Local Competitive Bidding Ministry of Finance Ministry of Interior Societ6 Generale Marocaine de Banque Taxe sur la Valuer Ajout6e Valeur Immobiliere Totale Vice President: Country Director: Sector Manager & Acting Director: Task Team Leader/Primary Author: Jean-Louis Sarbib Christian Delvoie Sonia Hammam Jean-Hubert Moulignat/Ekaterina Massey
3 FOR OFFICIAL USE ONLY CONTENTS Page No. 1. Project Data 1 2. Principal Performance Ratings 1 3. Assessment of Development Objective and Design, and of Quality at Entry 2 4. Achievement of Objective and Outputs 6 5. Major Factors Affecting Implementation and Outcome Sustainability Bank and Borrower Performance Lessons Learned Partner Comments Additional Information 24 Annex 1. Key Perfornance Indicators/Log Frame Matrix 25 Annex 2. Project Costs and Financing 26 Annex 3. Economic Costs and Benefits 28 Annex 4. Bank Inputs 29 Annex 5. Ratings for Achievement of Objectives/Outputs of Components 31 Annex 6. Ratings of Bank and Borrower Performance 32 Annex 7. List of Supporting Documents 33 This document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not be otherwise disclosed without World Bank authorization.
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5 Project ID: P Pro]ect Name: LAND DEVELOPMENT Team Leader: Jean-Hubert Moulignat TL Unit: MNSID ICR Type. Core ICR Report Date: December 28, Project Data Name: LAND DEVELOPMENT Country/Department: MOROCCO Sector/subsector: UH - Urban Housing L/C/TF Number: CPL-36180; SCL-3618A; SCPM-3618S; CPL-36190; CPL-36200; CPL Region: Middle East and North Africa Region KEY DATES Original Revised/Actual PCD: 03/02/92 Effective: 09/21/93 12/13/93 Appraisal: 05/21/93 MTR: 05/13/98 05/13/98 Approval: 06/10/93 Closing: 06/30/ /30/2000 Borrower/lImplementing Agency: Other Partners: Gov. of. Morocco, CIH/SNEC; Gov. of. Morocco, CIHICIH; Gov. of. Morocco, ClH/Ministry of Housing STAFF Current At Appraisal Vice President: Jean-Louis Sarbib Caio Koch-Weser Country Manager: Christian Delvoie Harinder Kohli Sector Manager: Sonia Hammamn Amir Al-Khafaji Team Leader at ICR: Jean-Hubert Moulignat Henri Beenhakker ICR Primary Author: Ekaterina Massey; Jean-Hubert Moulignat 2. Principal Performance Ratings (HS=Highly Satisfactory, S=Satisfactory, U=Unsatisfactory, HL=ighly Likely, L=Likely, UN=Unlikely, HUN=Highly Unlikely, HU=Highly Unsatisfactory, H=High, SU=Substantial, M=Modest, N=Negligible) Outcome: S Sustainability: L Institutional Development Impact: SU Bank Performance: U Borrower Performance: S QAG (if available) Quality at Entry: U Project at Risk at Any Time: Yes ICR U
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