Public Disclosure Copy The World Bank Implementation Status & Results Report Ghana Skills and Technology Development Project (P118112) Ghana Skills and Technology Development Project (P118112) AFRICA | Ghana | Education Global Practice | IBRD/IDA | Specific Investment Loan | FY 2011 | Seq No: 6 | ARCHIVED on 22-Dec-2014 | ISR17636 | Implementing Agencies: Key Dates Key Project Dates Board Approval date:29-Mar-2011 Effectiveness Date:23-Nov-2011 Planned Mid Term Review Date:02-Dec-2013 Actual Mid-Term Review Date:12-Dec-2013 Original Closing Date:30-Jun-2016 Revised Closing Date:30-Jun-2016 Project Development Objectives Project Development Objective (from Project Appraisal Document) The project objective is to improve demand-driven skills development and increase adoption of new technologies in selected economicsectors. Has the Project Development Objective been changed since Board Approval of the Project Objective? No PHRPDODEL Components Name Component 1: Institutional Strengthening of Skills Development:(Cost $4.00 M) Component 2: Institutional Strengthening of Science and Technology Development:(Cost $4.00 M) Component 3: Financing of Skills and TEchnology Development Programs through the Skills Development Fund (SDF):(Cost $50.00 M) Component 4: Project Management and Monitoring and Evaluation:(Cost $5.00 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO  Moderately Satisfactory  Satisfactory Overall Implementation Progress (IP)  Moderately Unsatisfactory  Moderately Satisfactory Overall Risk Rating  --  Substantial 12/22/2014 Page 1 of 15 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Ghana Skills and Technology Development Project (P118112) Implementation Status and Key Decisions The relevance of the project continues to be high; key indicators of this are the high demand and visibility and strong results associated with the Skills Development Fund (SDF). At present, 510 grants are under implementation under four calls for proposals. More than 7,800 enterprises have benefitted from the fund and over 24,000 workers have been trained. The mission visited several SDF beneficiaries, including an IT human resource services and software development enterprise (Persol), an agro-business program (Agri-Impact), an engineering firm (K. A. Anno Engineering) and a regional university providing training in the oil and gas sector (Regional Maritime University). All of the visited programs demonstrated innovations, improved technologies, improved training and also some public benefits. The implementation of GSTDP continues to improve. The key accomplishments and results are summarized in annex 1 capturing the results from June 2014 in a report by the Government updated in October 2014. For the most important component, the Skills Development Fund, which at appraisal represented over 70 percent of the IDA allocations, COTVET indicated that key targets and results have already been achieved ahead of time. SDF continues to draw high interest and intense public discussions by end of 2014 over 700 grants will be expected to be approved, surpassing the original targets. Among grant beneficiary firms supported under Calls 1 and 2, real labor productivity improved by 6 percent compared to the baseline. An updated results matrix is agreed to be presented to the Bank by December 15, 2014. Annual data collection for the SDF will be carried out in December and reported in January 2015. Disbursement is 47.2 percent after 3.5 years of implementation and about 18 months before project closing. There are several reasons for low disbursement, including (i) a natural lag between SDF grant approvals, implementation and final payment (ii) some grant beneficiaries may have had slow progress in implementation (iii) some grant activities that have largely local content are expected to have lower US$ value; these funds are expected to free up once the final payments are made to the beneficiaries. Status by Components: Components 1 and 2 have experienced implementation delays. Whereas the Government re-confirmed the relevance of these components, it agreed to establish a monthly implementation schedule to monitor these activities. The mission recommends that the projections for these activities are reviewed biannually, prior to every implementation support mission, and the scope of these activities are adjusted to assure that no funds under GSTDP remain unspent. The mission reminded COTVET that no activities beyond June 30, 2016 could be financed by IDA. Component 1.2. Government indicated that the selection of TVET providers has progressed. However, given the delays in the first four years of the project (as implementation of this activity started during project preparation using PPA funds), there remains a risk with this activity not being completed and not achieving the expected results. The Government expressed its position that despite the delay, this activity remains a priority and it intends to complete it during the remaining 18 months. The mission agreed that a monthly implementation plan will be presented in the justification of the project restructuring to inform the Ministry of Finance and the Bank about any further delay and likelihood that the activity will be completed on time. Component 2.1. The renovation of the Sciency Technology and Innovation (STI) Directorate building continues to be delayed and this activity continues to pose risks of not being completed and not leading to expected results. The mission agreed that a monthly implementation plan will be presented in the justification of the project restructuring. Component 2.2. During the mission, several Ministry of Environment Science Technology and Innovation grant beneficiaries have been visited. These beneficiaries presented significant progress in implementing their activities. The mission agreed that each of these grant beneficiaries submit a summary of their programs and implementation results with a strong focus on discussing the concrete subprograms, services that the grant activities finance as well as the expected or achieved outcomes. Component 3. Skills Development Fund will revise its projection for the scope and timing of Calls 5, 6 and 7. The Government will provide a state of readiness of grants as well as the expected final value of grant payments under the calls already completed and grants approved. It will also provide a presentation of the completion rate for the grant activities, the date of expected full completion and the estimated value at completion. Component 4. Project Support Unit activities for the remaining 18 months will be presented also by procurement categories, in quantities (i.e. number of staff) and with an indication what share of these activities are financed by the three agencies (WB, Danida, AfDB). Efficiency and sustainability of the project activities have become key focus of project monitoring and reporting. COTVET indicated that key elements of efficiency and sustainability are now being monitored and is expected to be reported in the next progress report. Also, consultancy on these issues is being established through Danida financing. Prior to the mission, the ToRs for this consultancy was agreed. The Bank highly recommends the monitoring of the following efficiency and sustainability issues: 1. Unit costs of training through SDF compared to regular forms of training as well as the unit costs of training through SDF as it changes over time between calls for proposals. 2. Costs of achieving the key results through SDF and support through other project activities 3. The proportion of operational expenditures within project financing 4. The efficiency of activities outside of the SDF, especially through components 1 and 2. 5. The institutional capacity of the Government, especially COTVET and STI Directorate to manage training and technology development programs based on the GSTDP design. 6. Mainstreaming and financing SDF. 12/22/2014 Page 2 of 15 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Ghana Skills and Technology Development Project (P118112) Risks: 18 months before project closing, the risk of not implementing all activities planned at appraisal are very high either because implementation continues to be slow or because expenditure projections at appraisal were off. The mission recommends that all activities that had been started before, including staffing and operational costs are planned for the upcoming 18 months based on historical expenditures in the first 3.5 years of the project implementation period. The mission also recommends that the revised projections reflect declining unit costs. The Bank also recommends to limit the initiation of new activities and both funding and attention is focused on what is already being implemented and on activities that have proven their effectiveness. These include SDF activities that have been completed and further scaling up is feasible and also using the SDF mechanism (grant- based implementation, SDF quality control, outreach, intermediation and monitoring) for other activities planned under the GSTDP project. Close monitoring of the disbursement should help avoid that the implementation of the project is held up by lacking resources under any expenditure categories. Once withdrawal applications for any expenditure categories reach the ceiling agreed at appraisal and if an amendment is not signed by the time the ceiling is reached, the Government requests and the Bank provides reallocations between categories for activities that are agreed within 15% of the value of the category towards which the reallocation is requested. This way, no disruption is expected in the implementation of the activities. Restructuring The Government will provide technical justification for the requested reallocation of the funds with renewed commitment that the project efficiency (as defined above) is monitored and improved. Based on the justification, the Government revises its financial plans, provides a full presentation of historical allocations for the first 3.5 years of project implememtation (on annual basis) and links proposed activities and allocations based on the historical trends. The Bank will use these justfications and financial plans to deliberate and agree with the Government on the reallocation and project restructuring. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance  --  --  Substantial Macroeconomic  --  --  Substantial Sector Strategies and Policies  --  --  Moderate Technical Design of Project or Program  --  --  Moderate 12/22/2014 Page 3 of 15 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Ghana Skills and Technology Development Project (P118112) Institutional Capacity for Implementation and Sustainability  --  --  Substantial Fiduciary  --  --  Moderate Environment and Social  --  --  Moderate Stakeholders  --  --  Moderate Other  --  --  -- Overall  --  --  Substantial Results Project Development Objective Indicators PHINDPDOTBL  Increase in labor productivity by participating firms disaggregated by economic sector and size (small, medium, large) (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 15.61 75.70 68.03 -- Date 30-Jun-2013 31-Dec-2013 30-Jun-2014 30-Jun-2016 Comments Labor productivity is measured as the time required to produce a given item/service (or as the ratio of output per labor-hour if it is more appropriate). Applicants must provide this information when applying for support by SDF, and the improvement should be assessed as part of SDF M&E routines. At baseline, the value was given in Ghana Cedis and subsequent results were reported in percentage of improvements. End of 2014 data collection in progress. This indicator will be updated afterwards. The December assessment has been designed to cover calls 1 to 4. June 2014 (Calls 1&2) 7. Overall GH₵38.31 per labour hour 8. Window 1 GH₵66.31 per labour hour 9. Window 2 GH₵21.90 per labour hour 10. Window 4b GH₵123.27 per labour hour Though the June 2014 results were not based on the regular sample size used for the annual assessments, it provides hope for better results during the December 2014 assessment. December 2014 (Calls 1&2) The figures by call and window for the December collection are the following: Call 1: GH₵5.40 Call 2: GH₵28.53 Window 1: GH₵47.02 Window 2: GH₵8.61 Window 3: GH₵9.65 Window 4a: GH₵28.19 Window 4b: GH₵70.44 July 2013 (Calls 1&2) Baseline figures provided by call and window for productivity (output/labor hour) are the following: Call 1: GH₵4.66 Call 2: GH₵16.16 Window 1: GH₵34.05 Window 2: GH₵5.96 Window 3: GH₵2.754 Window 4a: GH₵1.26 12/22/2014 Page 4 of 15 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Ghana Skills and Technology Development Project (P118112) Window 4b:GH₵53.83 Overall, productivity improved quiet substantially from GH₵15.61 in June 2013 to GH₵26.23 in June 30, 2014 representing a change of 68.03%. PHINDPDOTBL  Increase in investment by participating enterprises in skills and technology development (disaggregated by economic sectors; size; skills and technology) (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 67.00 67.00 40.00 Date -- 31-Dec-2013 31-Dec-2013 30-Jun-2016 Comments Increase in funding for skills training evidenced by enterprise survey.At the moment, the Government monitors the number of enterprises investing in skills and technology rather than the amount of investment. We'll advise them to adjust their monitoring and reporting accordingly. The baseline data is base on M&E collected in July 2013. 67 of 78 calls 1 and 2 grantees at least made some sort of investment between July and December 2013. This investment includes the matching contribution to the SDF fund. Baseline figures provided by window and sector: Window 1: GH₵1,789,499 Window 2: GH₵103,143 Window 3: GH₵587,000 Window 4a: GH₵70,000 Window 4b: GH₵12,850,000 ICT: GH₵3,784,000 Construct/Housing: GH₵1,700 Tourism/Hospitality: GH₵1,000 Livestock/Horticulture: GH₵138,596 Oil and Gas: GH₵0.00 Other (Service): GH₵11,474,346 December 2013 figures represent additional investment from July to December 2013. Investment was assessed based on three main variables: Investment in skills (GH₵1,736,582), investment in technology (GH₵2,898,735.128), and contribution to the SDF project (Matching fund) (GH₵2,584,492.69).These are also presented by windows and sectors as follows. Window 1: GH₵2,142,069 Window 2: GH₵911,122.00 Window 3: GH₵1,163,722.00 Window 4a GH₵1,060,098.00 Window 4b: GH₵1942798.47 Sectors: Priority (GH₵2,954,306.00): 11. ICT: (GH₵489081 12. Construct/Housing: (GH₵15732 13. Tourism/Hospitality: (GH₵268952 14. Livestock/Horticulture: (GH₵1233032 15. Oil and Gas: (GH₵0 16. Other (GH₵4,265,504.00) 1. Service: GH₵634,209.00 2. Manufacturing: GH₵2,097,575.00 3. Manufacturing (Garment and Textile): GH₵629,344.21 12/22/2014 Page 5 of 15 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Ghana Skills and Technology Development Project (P118112) 4. Music: GH₵102,562.00 5. Jewelry & Minerals: GH₵574,981.00 6. Fisheries: GH₵226,833.00 Overall, the number of participating firms investing in skills and technology increased from 32 in June 2013 to 64 in December 2013 representing 100% improvement. PHINDPDOTBL  Satisfaction with skills by trainees (disaggregated by sex, region) (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value -- 77.60 78.90 70.00 Date -- 31-Dec-2013 31-Dec-2013 30-Jun-2016 Comments Data collected in connection with the application for SDF support. Ex-post data from beneficiary assessments to be collected by external M&E consultant. Gender and age group disaggregated to identify social impact. Based on 5 point Likert Scale (Very Satisfied, Satisfied, Somewhat Satisfied, Not Sure, Somewhat Dissatisfied, and Very Dissatisfied). This indicator applies only to grantees that have completed all of their training activities. At the point of data collection in December, a total of 20 grantees had completed their projects and 19 of them were eligible for assessment under this indicator. The results are presented by sex and region as follows: Sex: Male: 74.3% Female: 89.8% Region: 17. Ashanti: 58.8% 18. Brong Ahafo: 95.0% 19. Central: 94.4% 20. Eastern: 100.0% 21. Greater Accra: 94.6% 22. Northern: 100% 23. Upper East: 100% 24. Upper West: 66.7% 25. Volta: 62.5% 26. Western: 41.7% Inadequate supply of tools by the training provider was a major reason why some of the participants were not satisfied with the training. Respondents rated the training in 4 competency areas as follow: Practical: 87.3% Behavioral:92.5% Technical:90.0% Communicative:94.3% In terms of adequacy of the training, 92.5% of the trainees claimed the training to be relevant to their trades and 78.9% claimed the training (in terms of components) was complete enough. PHINDPDOTBL  Satisfaction with skills by participating firms disaggregated by economic sectors; region; size (Percentage, Custom) 12/22/2014 Page 6 of 15 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Ghana Skills and Technology Development Project (P118112) Baseline Actual (Previous) Actual (Current) End Target Value -- 87.20 87.20 70.00 Date -- 31-Dec-2013 31-Dec-2013 30-Jun-2016 Comments Data collected in connection with the application for SDF support. Ex-post data from beneficiary assessments to be collected by external M&E consultant. Based on 5 point Likert Scale (Very Satisfied, Satisfied, Somewhat Satisfied, Not Sure, Somewhat Dissatisfied, and Very Dissatisfied). A rating of at least "Somewhat Satisfied" was considered a high rating from the employer (firms). Data were collected from a total of 13 grantees and covered131 staff in Window 1 only. The grantees were, at least, satisfied with the skills of 105 of the 125 staff studied. This shows a significant improvement over the June results where the grantee were satisfied with the skills of only 49 out of 131 (representing 37.40%). All of the window one grantees fall within only 2 of the 10 regions in Ghana (Brong Ahafo and Greater Accra regions). Note, that in the updated report (Octtober 2014) the Government revised its earlier measurement of actual satisfaction for 31 December 2013 from 87.2 percent satisfaction level downward to 37.4% satisfaction. This adjustment for the previous actual cannot be made in the operations portal. In its updated report, the 87.2 percent satisfaction for June 2014 represents a significant improvement compared to the revised value of 37.4% report for December 2013. Region: 27. Brong Ahafo: 80.0% 28. Greater Accra: 87.5% Sector ICT: 90.0% Livestock and Horticulture: 66.7% Service: 50.0% Manufacturing:70.0% Garment and Textile: 82.5% Music: 60.0% Jewellery: 70.0% PHINDPDOTBL  Direct project beneficiaries (Number, Core) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 6592.00 20690.00 24000.00 Date -- 31-Dec-2013 31-Oct-2014 30-Jun-2016 12/22/2014 Page 7 of 15 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Ghana Skills and Technology Development Project (P118112) Comments # of trainees and employees benefitting from the project; disaggregated by window. This update includes records on SDF and Components 2 (STI). Component 1 activities are yet to be rolled out and beneficiary values are expected to be generated during the annual data collection in December 2014. 7,036 of the total number trained, representing 34.01%, is female. Please note that the Government also updated its report on this indicator for the earlier, 31 December 2013 report from 6,592 to 12,958 trainees out of whom 30% were female. This adjustment cannot be made in the portal. 29. 20,620 (Female 6,986 representing 33.88%) 30. Component 2 (STI) – 310 (Female 50 representing 16.12%) 31. Component 1 (COTVET) - 0 PHINDPDOTBL  Female beneficiaries (Percentage, Core Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 27.00 34.01 50.00 Date -- 31-Dec-2013 31-Oct-2014 30-Jun-2016 Overall Comments Please note that the government also revised its earlier estimate from 27 to 30%. Intermediate Results Indicators PHINDIRITBL  National Skills Strategy developed and adopted (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0 No No Yes Date -- 31-Dec-2013 31-Oct-2014 30-Jun-2016 Comments This activity is part of the consultant’s (CADENA) assignment. The consultant has been engaged and inception phase has been completed and report submitted to the COTVET and PSU. Draft comprehensive report has been submitted to COTVET and TVET stakeholders for review. 12/22/2014 Page 8 of 15 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Ghana Skills and Technology Development Project (P118112) PHINDIRITBL  COTVET MIS for skills development is functional (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0 No No Yes Date -- 31-Dec-2013 31-Oct-2014 30-Jun-2016 Comments The MIS is not yet functional – The design has been completed and some of the materials have been procured. A number of discussions have taken place Kofi Anane Centre involving COTVET and a number of other stakeholders to understand the MIS requirements. The COTVET PSU has already incorporated the development of the MIS into the TA package planned under Component 1. The consultant for the TA has been engaged and inception phase of the contract has been completed. Initial review of the proposed MIS-System has been completed and draft reported submitted. PHINDIRITBL  Guidelines for quality assurance systems including certification are developed and adopted (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0 No Yes Yes Date -- 31-Dec-2013 31-Oct-2014 30-Jun-2016 Comments Manuals and the relevant guidelines developed and approved for implementation. The guideline have already been developed and approved by COTVET Board. PHINDIRITBL  Institutional development plans for training providers developed and implemented (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 10.00 Date -- 31-Dec-2013 31-Oct-2014 30-Jun-2016 Comments Institutional Development Plans (IDPs) have not yet been developed. Thus, there is no support provided for the implementation of Institutional Development Plans. The initial short-listing of the institutions has been completed. Once the 10 institutions are finally selected, CADENA (the Component 1 Technical Assistance Consortium) will support with the development of the IDPs. 12/22/2014 Page 9 of 15 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Ghana Skills and Technology Development Project (P118112) PHINDIRITBL  STI Directorate established with full complement of staff (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0 No No Yes Date -- 31-Dec-2013 27-Oct-2014 30-Jun-2016 Comments The STI Directorate has been established with 5 professional staff seconded from the other established STI institutions. A contract has just been awarded for an office space to be constructed. EIA for the STI building is in progress and expected to be completed by the end of 2014. However, the following key expected milestones have not been achieved: 32. Capacity building coordinate STI policies, as well as monitor STI programs has not been provided. 33. Information system and data gathering mechanisms have not been developed. Activities in the STI Development Plan are not effectively being implemented. PHINDIRITBL  New collaborations between supported technology providers and private sector for adaptation and diffusion of technology (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 22.00 20.00 Date -- 31-Dec-2013 31-Oct-2014 30-Jun-2016 Comments Five institutions have been selected and awarded $500,000.00 each to improve governance and incentives to develop, adapt, defuse technology to private sector enterprises on demand driven basis. Second tranche of the funds has been disbursed and sub-project implementation in progress. The entire amount is expected to be disbursed in 4 tranches. The institutions are yet to go into active collaboration with private sector institutions. Further detail of this indicator will be gathered during the December 2014 assessment. PHINDIRITBL  Information System available for STI Directorate use (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0 No No Yes Date -- 31-Dec-2013 30-Jun-2014 30-Jun-2016 Comments STI Information System should be functioning as data source for STI Annual The Bank will inquire update and clarification on this indicator. 12/22/2014 Page 10 of 15 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Ghana Skills and Technology Development Project (P118112) PHINDIRITBL  Employers rating of competencies of trained employees (Window 1 of SDF) (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 87.20 87.20 60.00 Date -- 31-Dec-2013 30-Jun-2014 30-Jun-2016 Comments Competency and efficiency rates of trained staff to be measured in terms of output. Note that the government revised the earlier actual for December 2013 downwards to 37.2. The indicator appears to provide the exact same results as the satisfaction with skills by participating firms. The Bank will ask clarification from the Government on whether the same indicator is reported under the KPI 4 and under this interim indicator. Percentage refers to percentage of trained employees with high employer performance-based rating. Baseline data were collected in July/Aug 2013 using trainee-level performance assessment instrument (evaluation of competencies based on Likert scale) with 25% random sample of grantees. 37.4% of trained employees received a high employer performance-based rating. The rating has significantly improved from 13.40% to 87.20% during December 2013. The assessment was conducted through four main competencies: practical understanding and execution of responsibilities (Practical); attitudes and behaviours (Behavioral); technical abilities and understanding of responsibilities (Technical); and communicative competencies of the employee (Communicative). Employers’ rating of these competencies also saw a significant improvement as follows: Jun Dec 2013 2013 Practical: 71.00% 89.60% Behavioral: 45.80% 80.00% Technical: 46.60% 88.80% Communicative: 32.80% 74.40% PHINDIRITBL  Number of industry/service provider collaborations (Window 1) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 78.00 130.00 200.00 Date -- 31-Dec-2013 30-Jun-2014 30-Jun-2016 Comments # of collaborations entered into for application to the SDF. So far, 190 Service providers have been engaged and across all windows of the fund. 12/22/2014 Page 11 of 15 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Ghana Skills and Technology Development Project (P118112) PHINDIRITBL  Increased proportion of those trained that become certified (disaggregated by gender and age) (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 27.32 27.32 50.00 Date -- 31-Dec-2013 30-Jun-2014 30-Jun-2016 Comments This indicator measures the number of certificates issued to trainees by training providers. 1,801 of 6,592 trainees representing 27.32% have received certificates from the training providers. None of the training providers have COTVET Accreditation. PHINDIRITBL  New Training courses/new partnerships established (Window 3) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 34.00 42.00 20.00 Date -- 31-Dec-2013 31-Dec-2013 30-Jun-2016 Comments This indicator captures the number of training course developed through COTVET/ SDF/MEST. The value provided have all been developed through SDF and it is cumulative. Earlier (December 31, 2013) estimates were revised to 9. PHINDIRITBL  New Technologies adopted by participating firms (window 4) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 14.00 47.00 120.00 Date -- 31-Dec-2013 30-Oct-2014 30-Jun-2016 Comments Each participating firm under window 4 should incorporate 1 or more new technologies into its operations. This indicator captures the number of technologies shared by SDF Window 4 grantees to the industry. 12/22/2014 Page 12 of 15 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Ghana Skills and Technology Development Project (P118112) PHINDIRITBL  Collaborations between enterprises and technology centers (window 4) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 10.00 10.00 60.00 Date -- 31-Dec-2013 30-Oct-2014 30-Jun-2016 Comments There would be 10 supported technology centers that would each be expected to initiate 2 new collaborations per year after receiving project support (2 new centers coming online per year). This indicator measures the number of collaborations between technology centers and enterprises. So far, 10 leading to adoption of new technologies by enterprises have been recorded. 11 other enterprises approached the technology centers to discussion their technology needs. None of these discussion have resulted in the sharing any technology. Earlier actual (december 2013) was revised to 0. PHINDIRITBL  Grant agreements for SDF sub projects signed (Project Management) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 247.00 434.00 440.00 Date -- 31-Dec-2013 31-Oct-2014 30-Jun-2016 Comments Assumption that total number of applications to be received will be 10 times the number of grants/projects signed. A total of 434 sub-projects have been signed comprising: Call 1 – 6; Call 2 – 72; Call 3 – 164; and Call 4 - 192. Earlier Government report was for June 30, 2014 and reported a lower value (242) than the reported actual value of December 2013 (247). PHINDIRITBL  Sub-projects satisfactorily completed (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 83.00 440.00 Date -- 31-Dec-2013 31-Oct-2014 30-Jun-2016 Overall Comments Satisfaction will be assessed by fund utilization, results monitoring completion survey. In the present report, Government provided an updated completion for December 31, 2014 at 69. Further information on these indicators 12/22/2014 Page 13 of 15 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Ghana Skills and Technology Development Project (P118112) are available in the attached Government Monitoring and Results report. Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed P118112 IDA-48750 Effective XDR 44.90 44.90 0.00 21.81 23.09 49% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P118112 IDA-48750 Effective 29-Mar-2011 15-Jun-2011 23-Nov-2011 30-Jun-2016 30-Jun-2016 Cumulative Disbursements Restructuring History There has been no restructuring to date. 12/22/2014 Page 14 of 15 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Ghana Skills and Technology Development Project (P118112) Related Project(s) There are no related projects. 12/22/2014 Page 15 of 15 Public Disclosure Copy