The World Bank Report No: ISR5156 Implementation Status & Results Togo Togo - Private Sector Development Support Project (P122326) Public Disclosure Copy Operation Name: Togo - Private Sector Development Support Project Project Stage: Implementation Seq.No: 2 Status: ARCHIVED Archive Date: 19-Sep-2011 (P122326) Country: Togo Approval FY: 2011 Product Line: IBRD/IDA Region: AFRICA Lending Instrument: Specific Investment Loan Implementing Agency(ies): Key Dates Board Approval Date 29-Mar-2011 Original Closing Date 15-Dec-2016 Planned Mid Term Review Date Last Archived ISR Date 19-Sep-2011 Effectiveness Date 19-Dec-2011 Revised Closing Date 15-Dec-2016 Actual Mid Term Review Date Project Development Objectives Project Development Objective (from Project Appraisal Document) The proposed project development objective is to contribute to an improved investment climate in Togo, including in a New Free Zone, and to an improved performance of targeted micro and small businesses Has the Project Development Objective been changed since Board Approval of the Project? Yes No Component(s) Component Name Component Cost 1- Support to investment climate reforms 3.00 2- Support to the development of entrepreneurial capacities 4.00 3- Support to the development of a new Free Zone 3.00 Overall Ratings Public Disclosure Copy Previous Rating Current Rating Progress towards achievement of PDO Satisfactory Satisfactory Overall Implementation Progress (IP) Satisfactory Satisfactory Overall Risk Rating Moderate Implementation Status Overview The project documents were signed on July 19. The project was declared effective on December 19, 2011 after the recruitment of the Project Implementation Unit (PIU) staff and the operations manual were finalized. The PIU is now in the process of moving into an office space and procuring supplies so as to be fully functional. Locations Page 1 of 4 The World Bank Report No: ISR5156 Country First Administrative Division Location Planned Actual Togo Region Maritime Lome ✔ Public Disclosure Copy Results Project Development Objective Indicators Indicator Name Core Unit of Measure Baseline Current End Target Improved performance of targeted MSEs Percentage Value 0.00 10.00 (percentage increase in turnover compared to Date 31-Jan-2012 30-Jun-2016 control group) Comments The number of days required tocreate an Number Value 75.00 75.00 5.00 enterprise has beenreduced Date 31-Jan-2012 30-Jun-2016 Comments A PPP legal, regulatory and institutional Yes/No Value No No Yes framework applicable to the Free Zone and to Date 31-Jan-2012 30-Jun-2016 Special Economic Zones is established Comments Intermediate Results Indicators Indicator Name Core Unit of Measure Baseline Current End Target SAZOF has been restructured and Free Zone Yes/No Value No No Yes Management is separated from Fee Zone Date regulation Comments Improved performance of targeted MSEs Percentage Value 10.00 (percentage increase in profitability compared Date to control group) Comments Improvement in the organization of targeted Percentage Value MSEs relative to the control group Public Disclosure Copy Date Comments Direct project beneficiaries Number Value 0.00 0.00 3000.00 Date 31-Jan-2012 Comments Female beneficiaries Percentage Value 0.00 0.00 450.00 Sub Type Supplemental Page 2 of 4 The World Bank Report No: ISR5156 The procedures to register aproperty have Number Value 295.00 100.00 been significantly simplified (days) Date 30-Jun-2016 Comments Public Disclosure Copy Number of land titles issued Number Value 1041.00 4000.00 Date 30-Jun-2016 Comments The first CGA is providing services to an Number Value 0.00 0.00 250.00 increasing number of micro and small Date 31-Jan-2012 30-Jun-2016 businesses Comments Number of procedures to start a business Number Value 7.00 7.00 4.00 Date 31-Jan-2012 Comments Data on Financial Performance (as of 09-Feb-2012) Financial Agreement(s) Key Dates Project Loan No. Status Approval Date Signing Date Effectiveness Date Closing Date P122326 IDA-H6580 Effective 29-Mar-2011 19-Jul-2011 19-Dec-2011 15-Dec-2016 Disbursements (in Millions) Project Loan No. Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P122326 IDA-H6580 Effective XDR 8.40 8.40 0.00 0.13 8.27 1.00 Disbursement Graph Public Disclosure Copy Page 3 of 4 The World Bank Report No: ISR5156 Public Disclosure Copy Key Decisions Regarding Implementation The Government has hired the Project Implementation Unit (PIU) and adopted the Project Implementation Manual as part of the effectiveness conditions. The PIU is moving to meet dated covenants for post-effectiveness. Restructuring History There has been no restructuring to date. Related Projects There are no related projects. Public Disclosure Copy Page 4 of 4