Public Disclosure Copy The World Bank Implementation Status & Results Report Third Highway Project (P118023) Third Highway Project (P118023) EUROPE AND CENTRAL ASIA | Azerbaijan | Transport & ICT Global Practice | IBRD/IDA | Specific Investment Loan | FY 2010 | Seq No: 15 | ARCHIVED on 08-Feb-2017 | ISR26947 | Implementing Agencies: Key Dates Key Project Dates Bank Approval Date:25-May-2010 Effectiveness Date:08-Nov-2010 Planned Mid Term Review Date:01-Oct-2012 Actual Mid-Term Review Date:06-Nov-2013 Original Closing Date:31-Mar-2015 Revised Closing Date:31-Dec-2019 Project Development Objectives Project Development Objective (from Project Appraisal Document) The Project Development Objective is "to contribute to a more efficient and safer Baku-Shamakhi road and higher quality roadservices as part of the upgrading to motorway standards, and to improve the management of the nascent motorway network." Has the Project Development Objective been changed since Board Approval of the Project Objective? Yes Board Approved Revised Project Development Objective (If project is formally restructured)PHRPDODEL “To contribute to a more efficient and safer Baku-Shamakhi and Yenikend-Shorsulu roads and higher quality road services as part of the general network upgrading to motorway standard, and to improve the management of the nascent motorway network.” Components Name Component 1: Motorway Improvement, including upgrading a 94 km section of M4 Baku-Shamakhi and 48 km section of M3 Yenikend-Shorsulu roads into a four-lane motorway.:(Cost $448.10 M) Component 2: Support for Motorway Maintenance Reform (management and financing Azerbaijan Motorways; institutional development of the ARS):(Cost $25.00 M) Component 3: Project Management and Institutional Support to ARS including technical assistance and financing additional costs for project implementation.:(Cost $4.00 M) Overall Ratings Name Previous Rating Current Rating 2/8/2017 Page 1 of 10 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Third Highway Project (P118023) Progress towards achievement of PDO  Moderately Satisfactory  Moderately Satisfactory Overall Implementation Progress (IP)  Moderately Satisfactory  Moderately Satisfactory Overall Risk Rating  Substantial  Substantial Implementation Status and Key Decisions The progress towards achievement of the project development objective remains on track and project objectives achievable within the remaining period until the closing date of December 31, 2019. Disbursements under the Project have reached US$174.2 million, which amounts to about 72% of the original project funds and 46% of the total project funds after approval of additional financing. Given some delays in implementation of civil works contracts for M3 Yenikend-Shorsulu section, the client is advised to realistically assess the situation and take necessary measures to make sure the works are completed by the end of current year. 2/8/2017 Page 2 of 10 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Third Highway Project (P118023) 2/8/2017 Page 3 of 10 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Third Highway Project (P118023) 2/8/2017 Page 4 of 10 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Third Highway Project (P118023) Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance  --  Moderate  Moderate Macroeconomic  --  Moderate  Substantial Sector Strategies and Policies  --  Moderate  Moderate Technical Design of Project or Program  --  Substantial  Substantial Institutional Capacity for Implementation and Sustainability  --  Substantial  Substantial Fiduciary  --  Moderate  Moderate Environment and Social  --  Moderate  Moderate Stakeholders  --  Moderate  Moderate Other  --  --  -- Overall  --  Substantial  Substantial Results Project Development Objective Indicators PHINDPDOTBL  Efficiency: Reduction in road user costs from Baku to Shamakhi (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 100.00 92.00 92.00 80.00 Date 25-May-2010 01-Aug-2016 02-Feb-2017 31-Dec-2019 PHINDPDOTBL  Efficiency: Reduction in road user costs from Yenikend to Shorsulu (Percentage, Custom) 2/8/2017 Page 5 of 10 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Third Highway Project (P118023) Baseline Actual (Previous) Actual (Current) End Target Value 100.00 100.00 100.00 80.00 Date 15-Jan-2014 01-Aug-2016 02-Feb-2017 31-Dec-2019 PHINDPDOTBL  Safety: Reduction of personal injury per 100-million vehicle-km along the Baku-Shamakhi road. (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 100.00 37.00 37.00 70.00 Date 25-May-2010 01-Aug-2016 02-Feb-2017 31-Dec-2019 PHINDPDOTBL  Safety: Reduction of personal injury per 100-million vehicle-km along the Yenikend-Shorsulu road. (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 100.00 100.00 100.00 70.00 Date 15-Jan-2014 01-Aug-2016 02-Feb-2017 31-Dec-2019 PHINDPDOTBL  Quality:Percentage of M roads in good and fair condition as a share of total M roads of the network (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 55.00 66.00 66.00 70.00 Date 15-Jan-2014 01-Aug-2016 01-Aug-2016 31-Dec-2019 PHINDPDOTBL  RMUs to maintain 500km of M roads under service level parameters (Kilometers, Custom) 2/8/2017 Page 6 of 10 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Third Highway Project (P118023) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 500.00 Date 01-May-2016 01-Aug-2016 02-Feb-2017 31-Dec-2019 Overall Comments Intermediate Results Indicators PHINDIRITBL  Number of km upgraded for Baku-Shamakhi road (Kilometers, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 55.00 66.00 94.00 Date 15-Jan-2014 01-Aug-2016 02-Feb-2017 31-Dec-2019 PHINDIRITBL  Number of km upgraded for Yenikend-Shorsulu road (Kilometers, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 16.00 23.00 48.00 Date 15-Jan-2014 01-Aug-2016 02-Feb-2017 31-Dec-2017 PHINDIRITBL  Roads constructed, non-rural (Kilometers, Core) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 71.00 89.00 142.00 Date 25-May-2010 01-Aug-2016 02-Feb-2017 31-Dec-2019 2/8/2017 Page 7 of 10 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Third Highway Project (P118023) PHINDIRITBL  Safety audits on detailed design. (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No Yes Yes Yes Date 25-May-2010 01-Aug-2016 02-Feb-2017 31-Dec-2018 PHINDIRITBL  Safety audits on construction completion. (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No No No Yes Date 25-May-2010 01-Aug-2016 02-Feb-2017 31-Dec-2019 PHINDIRITBL  Design of a Motorway Guidelines. (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No Yes Yes Yes Date 25-May-2010 01-Aug-2016 02-Feb-2017 30-Sep-2016 PHINDIRITBL  Development of motorways management and maintenance strategy (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No Yes Yes Yes Date 15-Jan-2014 01-Aug-2016 02-Feb-2017 30-Sep-2016 2/8/2017 Page 8 of 10 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Third Highway Project (P118023) PHINDIRITBL  Improvement in Road Users Satisfaction in Project Area with disaggregated gender information (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 20.00 -- 20.00 75.00 Date 01-May-2016 -- 02-Feb-2017 31-Dec-2019 PHINDIRITBL  Annual maintenance plan developed by MMU using road data base. (Kilometers, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 500.00 Date 01-May-2016 01-Aug-2016 02-Feb-2017 31-Dec-2019 PHINDIRITBL  Rolling 2 year budget prepared by MMU for RMUs (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No -- No Yes Date 01-May-2016 -- 02-Feb-2017 31-Dec-2019 Overall Comments Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed P118023 IBRD-78890 Effective USD 171.60 171.60 0.00 170.81 0.79 100% P118023 IBRD-86020 Effective USD 140.00 140.00 0.00 0.35 139.65 0% 2/8/2017 Page 9 of 10 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Third Highway Project (P118023) P118023 IDA-47230 Effective USD 70.00 70.00 0.00 3.07 58.85 4% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P118023 IBRD-78890 Effective 25-May-2010 11-Aug-2010 08-Nov-2010 31-Mar-2015 31-Dec-2019 P118023 IBRD-86020 Effective 28-Mar-2016 07-Apr-2016 29-Jun-2016 31-Dec-2019 31-Dec-2019 P118023 IDA-47230 Effective 25-May-2010 11-Aug-2010 08-Nov-2010 31-Mar-2015 31-Dec-2019 Cumulative Disbursements Restructuring History Level 1 Approved on 04-Dec-2013 Related Project(s) P156377-Azerbaijan Highway 3 Additional Financing 2/8/2017 Page 10 of 10 Public Disclosure Copy