Public Disclosure Authorized AFRICA Congo, Democratic Republic of Transport & ICT Global Practice IBRD/IDA Specific Investment Loan FY 2010 Seq No: 11 ARCHIVED on 21-Dec-2015 ISR21627 Implementing Agencies: Public Disclosure Authorized Key Dates Key Project Dates Bank Approval Date:29-Jun-2010 Planned Mid Term Review Date:11-Nov-2013 Original Closing Date:31-Dec-2015 Project Development Objectives Effectiveness Date:15-Apr-2011 Actual Mid-Term Review Date:11-Nov-2013 Revised Closing Date:30-Jun-2018 Public Disclosure Authorized Project Development Objective (from Project Appraisal Document) The Multimodal Transport Project's (MTP) development objectives are: (i) to improve transport connectivity inthedemocracticrepublicof Congo (DRC) so as to support national economic integration, (ii) to restore Société Nationale des CheminsdeFer ducongo (NationalRailway Company of DRC - SNCC) financial and operational viability, and (iii) to implement a sectorwidegovernanceplan and strengthen transport state-owned enterprises (SOEs) operational performances. Has the Project Development Objective been changed since Board Approval of the Project Objective? No PHRPDODEL Components Public Disclosure Authorized Name Component 1: SNCC recovery plan:(cost $373.85 M) Component 2: Operational performance strengthening and improved governance of the sector:(cost $40.45 M) Component 3: International trade procedures simplification and infrastructure investment:(cost $2.00 M) Component 4: Project management:(cost $18.70 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Unsatisfactory Unsatisfactory Overall Implementation Progress (IP) Moderately Satisfactory Moderately Unsatisfactory 12/21/2015 Page 1 of 9
Overall Risk Rating High High Implementation Status and Key Decisions Overall implementation of the Project and disbursements of the grant continue to make good progress. 1. Track rehabilitation works (780 kilometers over three years) and of rolling stock rehabilitation (600 wagons) have started and are progressing according to schedule, with track rehabilitation even exceeding targets. The 18 new locomotives financed under the Project were delivered in July 2015, and they are gradually being injected in SNCC's operations. These investments may not achieve their expected impact on SNCC operational performance if the company does not solve its challenges in reducing its operating costs and in attracting more customers. The bulk of World Bank financing to operating costs has expired since the beginning of 2015. In the absence of a viable recovery plan for SNCC to reduce its costs, there is a high risk to project performance. 2. Implementation of Component 2 activities remains moderately satisfactory. Voluntary actions from the part of the relevant State-owned Enterprises (SOEs) and the Government to restructure and build the institutional capabilities of these SOEs must still be taken. Key issues related to this PDO are the need for the Government to move forward with the restructuring of SCTP and the implementation of the corresponding PPP strategy. 3. Regarding Component 3, the studies and technical assistance under two trust funds financed by the Trade Facilitation Facility have been completed. The Governement has yet to implement the recommandation of the report on trade facilitation. Following a Restructuring of the project in July 2014, the component now focuses on the reconstruction of the Beach Ngobila ferry passenger terminal in Kinshasa, for which works started in October 2014. 12/21/2015 Page 2 of 9
Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance -- High High Macroeconomic -- Substantial Substantial Sector Strategies and Policies -- Substantial Substantial Technical Design of Project or Program -- Substantial Substantial Institutional Capacity for Implementation and Sustainability -- Substantial Substantial Fiduciary -- Substantial Substantial Environment and Social -- Substantial Substantial Stakeholders -- Substantial Substantial Other -- -- -- Overall -- High High Results Project Development Objective Indicators Direct project beneficiaries (Number, Core) Value 62000.00 49000.00 35810.00 100000.00 Date 31-Dec-2009 30-Nov-2014 31-Dec-2014 31-Dec-2017 Comments Data for the whole year 2014. Female beneficiaries (Percentage, Core Supplement) 12/21/2015 Page 3 of 9
Value 0.00 24500.00 17905.00 0.00 SNCC: Average transit time of mining exports by rail between the Copperbelt region and the Zambian border (Days, Custom) Value 16.00 12.40 12.50 5.00 Date 31-Dec-2009 30-Nov-2014 31-Dec-2014 31-Dec-2017 Comments Data for the whole year 2014. SNCC: Mainline locomotives dispatch reliability (breakdowns per 100,000 km) (Number, Custom) Value 75.00 47.00 45.00 10.00 Date 31-Dec-2009 30-Nov-2014 30-Sep-2015 31-Dec-2017 SNCC: Total transport volumes in Traffic Units (TU millions) (Number, Custom) Value 185.00 156.00 174.00 600.00 Date 31-Dec-2009 30-Nov-2014 31-Dec-2014 31-Dec-2017 Comments Data for the whole year 2014. 12/21/2015 Page 4 of 9
SNCC: Staff productivity (TU/staff/year) (Number, Custom) Value 17700.00 17947.00 22506.00 70000.00 Date 31-Dec-2009 30-Nov-2014 31-Dec-2014 31-Dec-2015 Comments Data for the whole year 2014. SNCC: Cash flow from operations before Interests, Taxes and Amortization (million US$) (Amount(USD), Custom) Value -35.00-43.00-43.00 0.00 Number of transport SOEs to achieve improvement of operational performance targets (Number, Custom) Value 0.00 0.00 0.00 4.00 Number of individual transport SOEs to adopt a governance plan (Number, Custom) Value 0.00 6.00 6.00 6.00 Date 31-Dec-2009 30-Nov-2014 30-Sep-2015 31-Dec-2017 Overall Comments Intermediate Results Indicators 12/21/2015 Page 5 of 9
SNCC: Cumulative length of rehabilitated and upgraded rail track (Kilometers, Custom) Value 0.00 96.00 108.62 600.00 Date 31-Dec-2009 30-Nov-2014 30-Sep-2015 31-Dec-2017 SNCC: Cumulative number of staff taking retirement (Number, Custom) Value 0.00 4340.00 4340.00 3500.00 Date 31-Dec-2009 30-Nov-2014 30-Sep-2015 31-Dec-2017 RVA: Cumulative number of ADS-B systems installed (Number, Custom) Value 0.00 0.00 0.00 5.00 RVA: Average annual number of Air Traffic System (ATS) incidents (airprox) (Number, Custom) Value 12.00 6.00 6.00 3.00 12/21/2015 Page 6 of 9
RVA: Average annual number of Air Traffic System (ATS) incidents (comms) (Number, Custom) Value 78.00 5.00 5.00 15.00 SCTP (ex-onatra): CFMK total transport volumes (Metric ton, Custom) Value 93714.00 70230.00 70230.00 140000.00 Completion of annual procurement and financial audits of SOEs (Yes/No, Custom) Value N Y Y Y Average passenger transit time at Beach Ngobila passenger terminal (Hours, Custom) Value 1.00 1.00 1.00 0.50 12/21/2015 Page 7 of 9
The National Committee on Transport and Trade Facilitation is in place and effective (Yes/No, Custom) Value N N N Y Date 31-Dec-2009 30-Nov-2014 30-Nov-2014 31-Dec-2015 Overall Comments Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed P092537 IDA-H5950 Effective XDR 168.80 168.80 0.00 161.41 7.39 96% P092537 IDA-H8590 Effective XDR 119.30 119.30 0.00 53.56 65.74 45% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P092537 IDA-H5950 Effective 29-Jun-2010 14-Jul-2010 15-Apr-2011 31-Dec-2015 30-Jun-2018 P092537 IDA-H8590 Effective 11-Jun-2013 22-Jul-2013 11-Oct-2013 30-Jun-2018 30-Jun-2018 Cumulative Disbursements 12/21/2015 Page 8 of 9
Restructuring History Level 2 Approved on 15-Jul-2014 Related Project(s) P129594-DRC-Multi-Modal Transp Additional Financing 12/21/2015 Page 9 of 9