The World Bank Report No: ISR2156 Implementation Status & Results Argentina Public Disclosure Copy AR APL2 National Highway Asset Mgt (P095569) Operation Name: AR APL2 National Highway Asset Mgt (P095569) Project Stage: Implementation Seq.No: 8 Status: ARCHIVED Last Modified Date: 02-Dec-2010 Country: Argentina Approval FY: 2007 Product Line: IBRD/IDA Region: LATIN AMERICA AND CARIBBEAN Lending Instrument: Adaptable Program Loan Implementing Agency(ies): National Highways Directorate (DNV) Key Dates Board Approval Date 28-Jun-2007 Original Closing Date 31-Dec-2011 Planned Mid Term Review Date 01-Jun-2011 Last Archived ISR Date 28-Jun-2010 Effectiveness Date 24-Nov-2008 Revised Closing Date 31-Dec-2011 Actual Mid Term Review Date Project Development Objectives Project Development Objective (from Project Appraisal Document) The overall purpose of the program is to further develop and implement an efficient road network management strategy, bringing about the necessary resources to preserve the national road network in the long term. This is a key condition towards increasing the competitiveness of the economy and supporting a sustainable path of economic growth and poverty reduction: a. Preserve the condition of vital road assets, through the gradual expansion of performance-based contracts for the rehabilitation and maintenance of the non-concessioned primary paved network; b. Strengthen road sector management through carrying out a renewal program of DNV to revitalize its role in the sector by: (i) reinforcing its human resource base, (ii) consolidating its transformation into a results-oriented organization accountable for specific outputs; (iii) introducing a systematic approach to bridge management and (iv) enhancing road safety. Has the Project Development Objective been changed since Board Approval of the Project? Yes No Component(s) Component Name Component Cost Public Disclosure Copy CREMA 360.00 BRIDGES 16.00 ROAD SAFETY 19.00 INSTITUTIONAL RENEWAL 5.00 Overall Ratings Previous Rating Current Rating Progress towards achievement of PDO Satisfactory Satisfactory Overall Implementation Progress (IP) Moderately Satisfactory Moderately Satisfactory Overall Risk Rating Page 1 of 5 The World Bank Report No: ISR2156 Implementation Status Overview Due to an initial one-year delay in the signing of the loan agreement, this project has been effective over a period of 2 years (since November 28, 2008). During this 2-year period US Public Disclosure Copy $145 million have been disbursed (36% of total) mainly under the CREMA component (main project component which represents 90% of total loan). Progress to date includes: (i) 1,480 km of CREMA being financed under the loan plus some additional 500 km being procured. Total CREMA coverage as of November 2010 is 13,416 km; (ii) 1 bridge under execution and 5 additional bridges being procured; (iii) 2 road safety interventions in critical black spots being procured; (iv) several activities under Institutional Renewal component under implementation and or preparation. Results Project Development Objective Indicators Indicator Baseline Current End Target Indicator Name Value Value Value Implementation of a comprehensive results- oriented road maintenance 9,585 Km 13,416 km 16,700 Km program balancing efficiency, equity and regional development Date Date Date considerations, through the expansion of CREMA system. 28-Jun-2007 01-Nov-2010 31-Dec-2011 Type Unit of Measure Comment Comment Comment Custom Indicator Text Intermediate Results Indicators Indicator Baseline Current End Target Indicator Name Value Value Value Creation of Road Technical schools 0 Technical Schools 4 Schools in operation 4 Technical Schools fully Date Date operational with more than 400 students promoted each year 28-Jun-2007 01-Nov-2010 Date Type Unit of Measure Comment Comment 31-Dec-2011 Custom Indicator Text Comment Public Disclosure Copy Indicator Baseline Current End Target Indicator Name Value Value Value Bridges Rehabilitated/Reconstructed 0 0 13 Date Date Date 28-Jun-2007 10-Nov-2010 31-Dec-2011 Type Unit of Measure Comment Comment Comment Custom Indicator Text Page 2 of 5 The World Bank Report No: ISR2156 Indicator Baseline Current End Target Public Disclosure Copy Indicator Name Value Value Value Average International Roughness Indicator below 3.8 3.8 3.12 Below 3.8 Date Date Date 28-Jun-2007 31-Dec-2009 31-Dec-2011 Type Unit of Measure Comment Comment Comment Custom Indicator Text Data for 2010 still being measured Indicator Baseline Current End Target Indicator Name Value Value Value Roads in good and fair condition as a share of total classified roads 98.00 98.00 98.00 Date Date Date 31-Dec-2008 31-Dec-2008 31-Dec-2011 Type Unit of Measure Comment Comment Comment Core Indicator Percentage Good IRI <4 Mantain Steady-State Condition Fair IRI Between 4 and 5 Average IRI 3.28 Data for 2009 measured but not yet processed. Indicator Baseline Current End Target Indicator Name Value Value Value Size of the total classified network 0.00 0.00 0.00 Type Unit of Measure Sub-Type Core Indicator Kilometers Supplemental Public Disclosure Copy Page 3 of 5 The World Bank Report No: ISR2156 Indicator Baseline Current End Target Public Disclosure Copy Indicator Name Value Value Value Roads rehabilitated, Non-rural 0.00 1100.00 2170.00 Date Date Date 31-Dec-2008 10-Jun-2010 31-Dec-2011 Type Unit of Measure Comment Comment Comment Core Indicator Kilometers About 65% of total length of Bank- financed CREMA contracts (3335 km) is expected to be rehabilitated. In addition some 7,600 km ofCREMA are to be financed with local funds, of which about 4,900 km are expected to be rehabilitated. Data on Financial Performance (as of 29-Oct-2010) Financial Agreement(s) Key Dates Project Loan No. Status Approval Date Signing Date Effectiveness Date Closing Date P095569 IBRD-74730 Effective 28-Jun-2007 27-Jun-2008 24-Nov-2008 31-Dec-2011 Disbursements (in Millions) Project Loan No. Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P095569 IBRD-74730 Effective USD 400.00 400.00 0.00 145.04 254.96 36.00 Disbursement Graph Public Disclosure Copy Page 4 of 5 The World Bank Report No: ISR2156 Public Disclosure Copy Key Decisions Regarding Implementation None Restructuring History There has been no restructuring to date. Related Projects There are no related projects. Public Disclosure Copy Page 5 of 5