Public Disclosure Copy

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1 Public Disclosure Authorized EUROPE AND CENTRAL ASIA Georgia Transport & ICT Global Practice IBRD/IDA Investment Project Financing FY 2015 Seq No: 5 ARCHIVED on 09-Feb-2017 ISR25380 Implementing Agencies: Public Disclosure Authorized Key Dates Key Project Dates Bank Approval Date:03-Jul-2014 Planned Mid Term Review Date:23-Sep-2016 Original Closing Date:30-Sep-2018 Project Development Objectives Effectiveness Date:09-Oct-2014 Actual Mid-Term Review Date:23-Sep-2016 Revised Closing Date:30-Sep-2018 Public Disclosure Authorized Project Development Objective (from Project Appraisal Document) The Project Development Objectives (PDO) are to reduce transport costs on project roads and improve the sustainability of road asset management in the secondary and local project road network. Has the Project Development Objective been changed since Board Approval of the Project Objective? No PHRPDODEL Components Public Disclosure Authorized Name Component 1. Rehabilitation and Improvement of Secondary and Local Roads:(Cost $90.36 M) Component 2. Capacity building and strengthening in local and secondary roads management:(cost $1.00 M) Component 3. Road Safety Technical Assistance:(Cost $2.20 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Satisfactory Satisfactory Overall Implementation Progress (IP) Satisfactory Moderately Satisfactory Overall Risk Rating Low Low 2/9/2017 Page 1 of 9

2 Implementation Status and Key Decisions The Project which became effective on October 9, 2014 has financed the rehabilitation of about km of secondary and local roads. The rehabilitation of 10 road sections is underway; civil works are to start on Bakurtsikhe-Gurjaani bypass and Jinvali-Barisakho section in Spring The Resettlement Action Plan for Bakurtsikhe-Gurjaani bypass improvement and rehabilitation has been completed on km 1.06-km 9.00; it is still under implementation on km , and km RD is starting the preparation of Road Safety Activities. 2/9/2017 Page 2 of 9

3 2/9/2017 Page 3 of 9

4 2/9/2017 Page 4 of 9

5 Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance -- Low Low Macroeconomic -- Moderate Moderate Sector Strategies and Policies -- Low Low Technical Design of Project or Program -- Low Low Institutional Capacity for Implementation and Sustainability -- Low Low Fiduciary -- Low High Environment and Social -- Low Substantial Stakeholders -- Low Low Other Overall -- Low Low Results Project Development Objective Indicators PHINDPDOTBL Reduction in vehicle operating costs for cars, GEL/km (Number, Custom) Value PHINDPDOTBL Reduction in vehicle operating costs for trucks, GEL/km (Number, Custom) 2/9/2017 Page 5 of 9

6 PHINDIRITBL Value PHINDPDOTBL Reduction in travel time measured by a proxy variable = average vehicle speed, km/hour (Number, Custom) Value Date 04-Apr Jun Dec Sep-2018 PHINDPDOTBL Improved condition of project roads, IRI (Number, Custom) Value Overall Comments Intermediate Results Indicators Roads in good and fair condition as a share of total classified roads (Percentage, Core) Value /9/2017 Page 6 of 9

7 PHINDIRITBL PHINDIRITBL PHINDIRITBL PHINDIRITBL Size of the total classified network (Kilometers, Core Supplement) Value 5, , , , Length (km) of rehabilitated secondary roads (Kilometers, Custom) Value Comments The 2 km decrease is explained by the fact that the previous ISR erroneously captured the total length of secondary and local roads rehabilitated as of June 2016, instead of the length of only secondary roads rehabilitated. That error is corrected now. Length (km) of rehabilitated local roads (Kilometers, Custom) Value Date 04-Apr Jun Jan Sep-2018 Increase in annual rehabilitation/maintenance budget allocations (GEL/km) for secondary roads by 4.5% a year (Percentage, Custom) Value 14, , Comments The baseline is captured in GEL amount, not %, in order to calculate the percentage (%) increase. 2/9/2017 Page 7 of 9

8 PHINDIRITBL PHINDIRITBL GEL/KM 16,400 per km is actual for FY 2015 (13.89% increase); GEL/KM 16,790 per km is actual for FY 2016 (16.6% increase); GEL/KM 18,180 per km is budgeted for FY 2017 (26.25% increase); the actual for FY2017 will be reported in January 2018 MRDI's active role in coordination of preparation of Annual Programs by Municipalities based on the Guidelines (Yes/No, Custom) Value N Y Y Y Safe Village Program implemented in Imereti Region (Yes/No, Custom) Value N N N Y Comments Under preparation Overall Comments Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed 2/9/2017 Page 8 of 9

9 P IBRD Effective USD % Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P IBRD Effective 03-Jul Jul Oct Sep Sep-2018 Cumulative Disbursements Restructuring History There has been no restructuring to date. Related Project(s) There are no related projects. 2/9/2017 Page 9 of 9