Implementation Status & Results Argentina AR Cordoba Road Infrastructure (P099585)

Transcription

1 Public Disclosure Authorized Public Disclosure Authorized The World Bank Implementation Status & Results Argentina AR Cordoba Road Infrastructure (P099585) Operation Name: AR Cordoba Road Infrastructure (P099585) Project Stage: Implementation Seq.No: 10 Status: ARCHIVED Last Modified Date: 15-Jul-2011 Country: Argentina Approval FY: 2007 Product Line: IBRD/IDA Region: LATIN AMERICA AND CARIBBEAN Lending Instrument: Specific Investment Loan Implementing Agency(ies): Agencia Cordoba de Inversion y Financiamiento Key Dates Board Approval Date 11-Jul-2006 Original Closing Date 31-Oct-2012 Planned Mid Term Review Date 31-Jul-2010 Last Archived ISR Date 16-Feb-2011 Effectiveness Date 13-Dec-2006 Revised Closing Date 31-Oct-2012 Actual Mid Term Review Date 31-Jul-2010 Project Development Objectives Project Development Objective (from Project Appraisal Document) Improve the reliability of the Province's road sector assets and the efficiency of their management as a means to support the Province's competitiveness and economic growth, by building up institutional capacity to encourage efficient planning policies and adequate resource allocation for the rehabilitation and maintenance of the core provincial road network. Has the Project Development Objective been changed since Board Approval of the Project? Yes No Component(s) losure Authorized Public Disclosure Authorized Component Name Component Cost Institutional Strengthening 2.11 Road Rehabilitation and Maintenance (CREMA) Road Paving Overall Ratings Previous Rating Current Rating Progress towards achievement of PDO Satisfactory Satisfactory Overall Implementation Progress (IP) Satisfactory Satisfactory Overall Risk Rating Implementation Status Overview The project is progressing satisfactorily, and the pace of implementation indicates that it is on course to achieving its development objectives before the closing date of October 31, The Institutional Strengthening component is complete and civil works contracts are very advanced with the majority of contracts completed. The mid-term review indicated surveyed beneficiaries as having a high degree of satisfaction with the project, with positive benefits and impacts in economic terms (tourism, business, marketing, health, education, Page 1 of 5

2 mobility, road safety and improved maintenance regimes). At the request of the Provincial and Federal Governments, a US$30 million Additional Financing Loan was prepared to address cost overruns of the project. However, due to other priorities at the federal level, this loan has been dropped in June Results Project Development Objective Indicators Percentage of projects in the ACIF's (Agencia Text Value 50% 85% 100% Cordoba de Inversion y Financiamiento) portfolio with financial production and Date 02-Oct Jul Oct-2012 impactindicators defined and monitored. Road assets preserved with acceptable average roughness (IRI) to avoid accumulation of future liabilities and reduce operational costs. Text Value Below 3 Date 02-Oct Oct Oct-2012 Latest data is for 2010 annual survey. Intermediate Results Indicators Page 2 of 5

3 Institutional Strengthening Text Value (i) Strategic 5-year road program (ii) ACIF's Annual Performance Reports disseminated (iii) MF Annual Performance Report disseminated (iv) Strategy & Road Safety Plan Road Rehabilitation, Maintenance and Paving - Coverage of CREMA system in paved network (i) Strategic 5-year road program and Road Strategy approved by DPV management, revised and published (ii) and (iii) ACIFs and MFs Annual Performance Report disseminated through public websites and other means (iv) road safety plan designed and implemented by Provincial Road Safety Directorate and DPV. (i) revise (ii) yes (iii) yes (iv) Plan implemented by Provincial Department of Road Safety & DPV Date 02-Oct Jul Oct-2012 The project is now monitoring road safety indicators (in addition to implementation of road safety plan) related to reduction in deaths caused by traffic accidents on provincial roads. The baseline was measured in the year 2008 (360 deaths). The agreed target reduction for 2009 was a reduction of 12% (317 deaths). Real reduction was of 30% (250 deaths on provincial roads). Text Value (i) Percentage without PRPII (i) 5% (under this project: 140 (i) 10% (ii) 25% (ii) Percentage with PRPII km under CREMA 3; (ii) 35% (this project +provincial roads project+own resources) Date 02-Oct Jul Oct-2012 Only CREMA 3 was done under the project due to cost overruns in the project. Page 3 of 5

4 Road Rehabilitation, Maintenance and Paving - Implementation of comprehensive road management program over target network of 596km Roads in good and fair condition as a share of total classified roads Text Value (i) km key productive roads rehabilitated (ii) km key productive roadspaved (iii) km roads maintained with: a. no potholes b. no edge break btw. pave. & shoulders c. restoration marks & signs (i) 140 km rehabilitated (ii) 125 km paved (iii) 140 km maintained Date 02-Oct Jul Oct-2012 Percentage Value Km rehabilitated, paved and maintained revised due to cost overruns Date 29-Dec Oct Oct-2012 (i) 291 km (ii) 174 km (iii) 424 km Changes in targets due to cost overruns will need to be finalized since AF has been canceled. New core indicator, no baseline at time of project preparation Size of the total classified network Kilometers Value New core indicator, no target at time of project preparation Sub Type Supplemental Date Data on Financial Performance (as of 18-Jan-2011) Financial Agreement(s) Key Dates Project Loan No. Status Approval Date Signing Date Effectiveness Date Closing Date P IBRD Effective 11-Jul Nov Dec Oct-2012 Disbursements (in Millions) Project Loan No. Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P IBRD Effective USD Disbursement Graph Page 4 of 5

5 Key Decisions Regarding Implementation None. Restructuring History Level two Approved on 23-Dec-2009 Related Projects There are no related projects. Page 5 of 5