Public Disclosure Authorized LATIN AMERICA AND CARIBBEAN Brazil Transport & ICT Global Practice IBRD/IDA Specific Investment Loan FY 2010 Seq No: 12 ARCHIVED on 20-Jun-2016 ISR23360 Implementing Agencies: Secretaria dos Transportes Metropolitanos (STM) Public Disclosure Authorized Key Dates Key Project Dates Bank Approval Date:20-Apr-2010 Planned Mid Term Review Date:03-Oct-2013 Original Closing Date:30-Jun-2014 Project Development Objectives Effectiveness Date:12-Nov-2010 Actual Mid-Term Review Date:12-Feb-2014 Revised Closing Date:30-Dec-2016 Public Disclosure Authorized Project Development Objective (from Project Appraisal Document) To improve the mobility of public transport users in the Capão Redondo-Largo Treze-Chácara Klabin corridor in a cost-efficient and environmentallyfriendly manner. Has the Project Development Objective been changed since Board Approval of the Project Objective? No PHRPDODEL Components Public Disclosure Authorized Name Infrastructure and Equipment:(Cost $622.30 M) Institutional and Policy Development:(Cost $26.50 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Moderately Satisfactory Moderately Satisfactory Overall Implementation Progress (IP) Moderately Satisfactory Moderately Satisfactory Overall Risk Rating Moderate Moderate Implementation Status and Key Decisions 6/20/2016 Page 1 of 9
The Line 5 implementation progress is at a good pace despite accumulated delays, due mainly to initial delays related to civil works. The project continues to be moderately satisfactory and the PDO continues to be fully achievable. The civil works are expected to be concluded by December 2017, except for Campo Belo Station. The Borrower has requested a Project restructuring to extend the date until December 2018 because of the accumulated delays. The train contract is progressing as per the schedule; 24 out of 26 trains were already delivered and the last train is expected in September 2016. The implementation of the systems contract is progressing, despite delays. 6/20/2016 Page 2 of 9
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Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance -- Moderate Moderate Macroeconomic -- Low Low Sector Strategies and Policies -- Moderate Moderate Technical Design of Project or Program -- Moderate Moderate Institutional Capacity for Implementation and Sustainability -- Moderate Moderate Fiduciary -- Low Low Environment and Social -- Moderate Substantial Stakeholders -- Low Low Other -- -- -- Overall -- Moderate Moderate Results Project Development Objective Indicators travel time plus waiting time reduction between selected stations of Line 5 (Minutes, Custom) 6/20/2016 Page 4 of 9
Value 72.00 72.00 64.00 25.00 Date 31-Dec-2009 13-Aug-2012 31-Dec-2015 31-Dec-2017 From Largo Treze to Chácara Klabin (Minutes, Custom Breakdown) Value 72.00 72.00 64.00 25.00 Date 31-Dec-2009 31-Dec-2014 31-Dec-2014 31-Dec-2017 From Capão Redondo to Sé (Minutes, Custom Breakdown) Value 99.00 99.00 70.00 49.00 Date 30-Dec-2009 31-Dec-2014 31-Dec-2015 31-Dec-2017 % of Line 5 stations integrated with buses (Percentage, Custom) Value 35.30 71.00 71.00 100.00 Date 31-Dec-2009 30-Sep-2015 31-Dec-2015 31-Dec-2017 Incremental Demand in Line 5 per day in thousands (Number, Custom) Value 150.00 272.00 272.00 331.00 Date 31-Dec-2009 30-Dec-2014 31-Dec-2015 31-Dec-2017 6/20/2016 Page 5 of 9
number of users/day in Line 5 of households with less than 4 minimum salaries (thousands) (Number, Custom) Value 68.00 117.00 118.00 331.00 Date 31-Dec-2008 30-Sep-2015 31-Dec-2015 31-Dec-2017 number of bus kilometers/peak hour in the corridor after project (Number, Custom) Value 291.40 291.40 429.00 258.00 Date 31-Dec-2009 13-Aug-2012 31-Dec-2015 31-Dec-2017 Comments This indicator corresponds to the number of buses in the corridor in the morning peak hour. The project will decrease the number of buskm, and in consequence the bus system will be reorganized and rationalized to accommodate to the future scenario. The indicator s values are: 1. Actual value (2015): 429 buses in morning peak hour (248 buses in Ibirapuera Corridor and 181 buses in Santo Amaro Corridor). 2. Target value (2019): 258 buses in morning peak hour (122 buses in Ibirapuera Corridor and 136 buses in Santo Amaro Corridor). Additionally, the actual and future public bus fleet is: 3. Actual Fleet (2015): 1001 buses (588 buses in Ibirapuera Corridor and 413 buses in Santo Amaro Corridor). 4. Future Fleet (2019) : 652 buses (322 buses in Ibirapuera Corridor and 330 buses in Santo Amaro Corridor). Working Ratio of São Paulo Metro as a whole (Number, Custom) Value 0.99 0.91 0.91 0.91 Date 31-Dec-2009 30-Sep-2015 30-Sep-2015 31-Dec-2017 Line 5 working ratio (Number, Custom) Value 1.88 0.73 0.73 0.75 6/20/2016 Page 6 of 9
PHINDIRITBL PHINDIRITBL PHINDIRITBL Date 31-Dec-2009 30-Sep-2015 30-Sep-2015 31-Dec-2017 Overall Comments Intermediate Results Indicators cumulative % of completion of new trains for Line 5 (Number, Custom) Value 0.00 82.00 87.00 100.00 Date 31-Dec-2009 31-May-2015 28-Mar-2016 30-Dec-2016 % of completion per year of the Line 5 CBTC systems (Number, Custom) Value 0.00 24.00 27.00 100.00 Date 31-Dec-2009 30-Sep-2015 28-Mar-2016 30-Dec-2016 % OF COMPLETION PER YEAR OF METRO CLIMATE CHANGE ACTION PLAN (Number, Custom) Value 0.00 0.00 0.00 100.00 Date 31-Dec-2009 13-Aug-2012 28-Mar-2016 30-Dec-2016 Overall Comments 6/20/2016 Page 7 of 9
Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed P116170 IBRD-78550 Effective USD 650.40 650.40 0.00 291.13 359.27 45% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P116170 IBRD-78550 Effective 20-Apr-2010 27-Sep-2010 12-Nov-2010 30-Jun-2014 30-Dec-2016 Cumulative Disbursements Restructuring History Level 2 Approved on 11-Jun-2014 Related Project(s) 6/20/2016 Page 8 of 9
There are no related projects. 6/20/2016 Page 9 of 9