Implementation Status & Results Brazil Sao Paulo Feeder Roads Project (P106663)

Transcription

1 Public Disclosure Authorized Public Disclosure Authorized Implementation Status & Results Brazil Sao Paulo Feeder Roads Project (P106663) Operation Name: Sao Paulo Feeder Roads Project (P106663) Project Stage: Implementation Seq.No: 4 Status: ARCHIVED Last Modified : 07-Jun-2011 Country: Brazil Approval FY: 2010 Product Line: IBRD/IDA Region: LATIN AMERICA AND CARIBBEAN Lending Instrument: Sector Investment and Maintenance Loan Implementing Agency(ies): Departamento de Estradas de rodagem do Estado de Sao Paulo (DER/SP) Key s Board Approval 09-Jul-2009 Original Closing Planned Mid Term Review 30-Sep-2011 Last Archived ISR 09-Feb-2011 Effectiveness 28-Oct-2009 Revised Closing Actual Mid Term Review Project Development Objectives Project Development Objective (from Project Appraisal Document) The project development objective is to improve the efficiency of the paved municipal road network. Efficiency will be improved as a result of improvements to the institutional framework used by the Borrower in four key areas to deliver adequate transport conditions to users (planning, environmental licensing, participation of private sector, and execution), combined with improvements in the condition of the paved municipal 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 Feeder Roads Rehabilitation Institutional Strengthening Overall Ratings Previous Rating Current Rating Progress towards achievement of PDO Satisfactory Satisfactory Overall Implementation Progress (IP) Satisfactory Satisfactory Overall Risk Rating Low Low Implementation Status Overview Project implementation is satisfactory with more than 75% of the loan amount (Parent & Additional Financing) already disbursed in less than two years of effectiveness, all the resources from the loan and its additional financing targeted to the physical component already committed, and most of the Project Institutional Strengthening activities either initiating or in final phase of tendering. Results Page 1 of 5

2 Project Development Objective Indicators Reduction of economic costs to users on municipal road network Custom Indicator Number 4.25 R$ billion May-2011 in % reduction 3/30/2011-Expected value for 2010 was 1.5% as in PAD. Thus, the real value has exceeded the expectation in % reduction Satisfaction of road users on paved municipal road network Intermediate Results Indicators In % Baseline=initial value to be determined following survey. 12/31/2010-Survey not yet undertaken 16-May /30/2011-Evaluation not yet undertaken. Results of study expected Oct Per Mar AM: 8, 12.7 and 13.2 million inhabitants benefited from the first 3 phases of the program, respectively Evolution of condition of municipal paved road network 3025 km with IRI<3.5 and 7,115 with IRI>5 63% in good condition/37% in bad Expected value was 42% for good condition and 45% in bad condition in 2010 (per PAD) 83% with IRI<3.5 (good) and 7% with IRI>5 (bad) Page 2 of 5

3 Reduction in average percentage delay in civil works contracts 35% This indicator was replaced by supplemental indicator below when AF of parent project was approved. 18% Number of road km rehabilitated as part of Pro-Vicinais Program Sub- Custom Indicator Kilometers Supplemental Annual decrease of turn-around time for evaluation of environmental licensing requests Baseline value is in days to evaluate requests In % of decrease of baseline value. Baseline value is in days whereas Expected value was 2% in 2010 values are in %, reason for the (as in PAD) shape of the chart Private/external capital mobilized for financing state investment programs R$11.6 billion Over period in 2003 prices Due in 4th year of Project. R$19.0 billion 30-Jun-2013 Over period in 2007 prices Page 3 of 5

4 Agenda agreed of public and private sector actions to reduce logistics bottlenecks n.a. Due in 4th year of Project Agenda agreed Increase of engineering designs bid for road rehabilitation investments identified as priority by the PMS Baseline-initial value to be determined following PMS data collection 3/30/2011-PMS not yet in operation in % Data on Financial Performance (as of 17-May-2011) Financial Agreement(s) Key s Project Loan No. Status Approval Signing Effectiveness Closing P IBRD Effective 09-Jul Aug Oct-2009 P IBRD Effective 03-Aug Sep Nov-2010 Disbursements (in Millions) Project Loan No. Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P IBRD Effective USD P IBRD Effective USD Disbursement Graph Page 4 of 5

5 Key Decisions Regarding Implementation This is the Project mid-term review. No particular key decision is required at this stage. Restructuring History There has been no restructuring to date. Related Projects P Sao Paulo State Feeder Roads Additional Financing Page 5 of 5