The World Bank Implementation Status & Results Report Bangladesh Regional Waterway Transport Project 1 (P154511) Bangladesh Regional Waterway Transport Project 1 (P154511) SOUTH ASIA | Bangladesh | Transport Global Practice | IBRD/IDA | Investment Project Financing | FY 2016 | Seq No: 17 | ARCHIVED on 30-Apr-2024 | ISR60413 | Implementing Agencies: Bangladesh Inland Water Transport Authority, People's Republic of Bangladesh Key Dates Key Project Dates Bank Approval Date: 16-Jun-2016 Effectiveness Date: 20-Mar-2017 Planned Mid Term Review Date: 28-Jan-2021 Actual Mid-Term Review Date: 31-Mar-2021 Original Closing Date: 30-Jun-2024 Revised Closing Date: 31-Dec-2025 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) The development objective of the Project is to improve Inland Water Transport (IWT) efficiency and safety for passengers and cargo along the Chittagong-Dhaka-Ashuganj Regional Corridor and to enhance sector sustainability. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Components Table Name Component 1: Improved Inland Waterway Navigation:(Cost $261.00 M) Component 2: Improved Services at Priority Inland Waterway Terminals and Landing Stations:(Cost $83.00 M) Component 3: Institutional Capacity Development and Sector Sustainability:(Cost $56.00 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Moderately Satisfactory Moderately Satisfactory Overall Implementation Progress (IP) Moderately Unsatisfactory Moderately Unsatisfactory Overall Risk Rating Substantial Substantial Implementation Status and Key Decisions Bangladesh Regional Waterway Transport Project was approved June 16, 2016, became effective March 20, 2017 and is expected to close December 31, 2025. The overall project implementation urgently needs to be expedited so that all activities can be completed by the project closing date of December 31, 2025. Two Output Performance Based Contract ( OPBC) Works of Development Dredging with Maintenance and Aids to navigation along about 481 km inland waterway routes are underway. Capital No1 Dredging for Lot3 will be completed early June 2024 while the completion of Capital No1 Dredging for Lot2 will be delayed by 2 months but will be completed. Construction works of two cargo terminals ( Pangaon and Ashuganj) are underway. Construction works of Three passengers' terminals ( Narayanganj, Chandpur and Barishal) are underway. The construction at Barishal is the most advanced with 20% of billable works completed in march 2024. 4/30/2024 Page 1 of 7 The World Bank Implementation Status & Results Report Bangladesh Regional Waterway Transport Project 1 (P154511) The rehabilitation of the Deck and Personal Training Center is very advanced with 28% of billable works completed in march 2024. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance Substantial Moderate Moderate Macroeconomic Moderate Moderate Moderate Sector Strategies and Policies Substantial Substantial Substantial Technical Design of Project or Program High Substantial Substantial Institutional Capacity for Implementation and High High High Sustainability Fiduciary High High High Environment and Social High Substantial High Stakeholders Moderate Substantial Substantial Other -- -- -- Overall High Substantial Substantial Results PDO Indicators by Objectives / Outcomes Project Development Objective IN01417030 ►Number of beneficiaries of which female (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 69,729,100.00 69,729,100.00 69,729,100.00 69,729,100.00 Date 04-Feb-2016 29-Sep-2022 20-Mar-2024 31-Dec-2025 The target will be updated Comments: IN01417031 ►Number of days per year that advertised Least Available Depth is maintained on Project Corridors (Days, Custom) Baseline Actual (Previous) Actual (Current) End Target 4/30/2024 Page 2 of 7 The World Bank Implementation Status & Results Report Bangladesh Regional Waterway Transport Project 1 (P154511) Value 150.00 150.00 150.00 347.00 Date 04-Feb-2016 04-Oct-2023 20-Mar-2024 31-Dec-2025 IN01417032 ►Availability of Aids to Navigation along Project Corridors (%) (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 30.00 30.00 30.00 95.00 Date 04-Feb-2016 04-Oct-2023 20-Mar-2024 31-Dec-2025 IN01417033 ►Regional trade and transit traffic (million tons) (Metric ton, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 1.89 1.89 1.89 2.90 Date 11-May-2016 29-Sep-2022 29-Sep-2022 31-Dec-2025 This indicator will be dropped Comments: IN01417034 ►Increase in Tariffs associated with Development and Maintenance of Infrastructure (USD millions) (Amount(USD), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 14.50 14.50 14.50 29.00 Date 04-Feb-2016 29-Sep-2022 29-Sep-2022 31-Dec-2025 This indicator will be dropped Comments: IN01417035 ►Travel time on the Dhaka-Chittagong Corridor for cargo vessels (Hours) (Hours, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 40.00 40.00 40.00 30.00 Date 04-Feb-2016 29-Sep-2022 29-Sep-2022 31-Dec-2025 This indicator will be dropped Comments: IN01417036 ►Satisfaction of passengers at project terminals (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target 19 on average (over a 19 on average (over a 19 on average (over a Value TBD score of -100 to 100+) score of -100 to 100 score of -100 to 100 Date 12-Mar-2022 04-Oct-2023 04-Oct-2023 31-Dec-2025 Comments: The PIU carried out the baseline survey in end-2022 that found an overall satisfaction score of -19 over 6 criteria. Another survey will be conducted once the terminal works are completed. 4/30/2024 Page 3 of 7 The World Bank Implementation Status & Results Report Bangladesh Regional Waterway Transport Project 1 (P154511) Intermediate Results Indicators by Components Component 3: Institutional Capacity Development and Sector Sustainability IN01417039 ►Satisfaction of beneficiaries with consultation process (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 35.00 35.00 0.00 Date 04-Feb-2016 04-Oct-2023 20-Mar-2024 31-Dec-2025 About 65% of the respondents found to be dissatisfied (“Somewhat Dissatisfied” - 30%, and “Very Dissatisfied” - 35%) with the consultation process. Only 10% of them considered the consultation process Comments: somewhat satisfactory (“Somewhat Satisfied” – 10% and “Very Satisfied” - 0%)’ and 25% of the respondents were “Neutral” (no opinion) about the consultation process.” IN01417042 ►Number of Class I routes with ENCs produced (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 5.00 Date 04-Feb-2016 04-Oct-2023 20-Mar-2024 31-Dec-2025 IN01417044 ►Framework for private sector investment in inland water transport developed (Yes/No) (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No No No Yes Date 04-Feb-2016 04-Oct-2023 20-Mar-2024 31-Dec-2025 Component 1: Improved Inland Waterway Navigation IN01417037 ►Performance-based contract for navigation improvement signed (Yes/No) (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No Yes Yes Yes Date 04-Feb-2016 04-Oct-2023 20-Mar-2024 31-Dec-2025 IN01417040 ►Number of Aids to Navigation installed (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target 4/30/2024 Page 4 of 7 The World Bank Implementation Status & Results Report Bangladesh Regional Waterway Transport Project 1 (P154511) Value 20.00 20.00 20.00 100.00 Date 04-Feb-2016 04-Oct-2023 20-Mar-2024 31-Dec-2025 IN01417045 Light buoys (Number, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 20.00 20.00 20.00 100.00 Date 04-Feb-2016 04-Oct-2023 20-Mar-2024 31-Dec-2025 IN01417046 Shore beacons (Number, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 15.00 15.00 15.00 150.00 Date 04-Feb-2016 04-Oct-2023 20-Mar-2024 31-Dec-2025 IN01417047 Channel markers (Number, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 5.00 5.00 5.00 300.00 Date 04-Feb-2016 04-Oct-2023 20-Mar-2024 31-Dec-2025 Component 2: Improved Services at Priority Inland Waterway Terminals and Landing Stations IN01417038 ►Number of cargo terminals built or rehabilitated (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 2.00 Date 04-Feb-2016 04-Oct-2023 20-Mar-2024 31-Dec-2025 IN01417041 ►Number of passenger terminals built or rehabilitated (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 4.00 Date 04-Feb-2016 04-Oct-2023 20-Mar-2024 31-Dec-2025 IN01417043 ►Number of passenger landing ghats built or rehabilitated (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 15.00 4/30/2024 Page 5 of 7 The World Bank Implementation Status & Results Report Bangladesh Regional Waterway Transport Project 1 (P154511) Date 04-Feb-2016 04-Oct-2023 20-Mar-2024 31-Dec-2025 Performance-Based Conditions Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P154511 IDA-58420 Effective USD 360.00 234.00 126.00 51.45 163.77 24% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P154511 IDA-58420 Effective 16-Jun-2016 21-Dec-2016 20-Mar-2017 30-Jun-2024 31-Dec-2025 Cumulative Disbursements 4/30/2024 Page 6 of 7 The World Bank Implementation Status & Results Report Bangladesh Regional Waterway Transport Project 1 (P154511) Restructuring History Level 2 Approved on 01-May-2018 ,Level 2 Approved on 28-Apr-2020 ,Level Approved on 09-May-2020 Related Project(s) There are no related projects. 4/30/2024 Page 7 of 7