The World Bank Report No: ISR8936 Implementation Status & Results Egypt, Arab Republic of Cairo Airport Development Project-TB2 (P101201) Public Disclosure Copy Operation Name: Cairo Airport Development Project-TB2 (P101201) Project Stage: Implementation Seq.No: 6 Status: ARCHIVED Archive Date: 23-Dec-2012 Country: Egypt, Arab Republic of Approval FY: 2010 Product Line: IBRD/IDA Region: MIDDLE EAST AND NORTH AFRICA Lending Instrument: Specific Investment Loan Implementing Agency(ies): Key Dates Board Approval Date 23-Feb-2010 Original Closing Date 30-Nov-2015 Planned Mid Term Review Date 11-Mar-2013 Last Archived ISR Date 14-Apr-2012 Effectiveness Date 12-Aug-2010 Revised Closing Date 30-Nov-2015 Actual Mid Term Review Date Project Development Objectives Project Development Objective (from Project Appraisal Document) The objectives of the proposed Cairo Airport Development Project-TB2 (CADP) are to assist the Government of Egypt (GOE) to (i) enhance the quality of airport services through an increase in the capacity of Cairo International Airport (CAI), and (ii) strengthen air transport in Egypt. The principal target beneficiaries include: (i) tourism passengers, who will benefit from better airport infrastructure and services, (ii) businesses, which will benefit from extended air transport services and a more attractive CAI's area, and (iii) workers, who will benefit from job creation during construction, which would contribute to Egypt's stimulus package in response to the economic crisis, and after construction through additional airport activities as well businesses and services attracted to the CAI area. Furthermore the project will enhance Cairo Airport#s capability to serve as a hub for long-haul traffic on some of the most rapidly expanding routes (e.g. between Africa and Asia), thus contributing to enhance the Egyptian air transport industry's competitive edge and facilitating regional integration. Has the Project Development Objective been changed since Board Approval of the Project? Yes No Component(s) Component Name Component Cost Rehabilitation and expansion of the Terminal Building 2 (TB2) 433.00 Public Disclosure Copy Technical assistance and studies 2.80 Overall Ratings Previous Rating Current Rating Progress towards achievement of PDO Satisfactory Satisfactory Overall Implementation Progress (IP) Satisfactory Satisfactory Overall Risk Rating Implementation Status Overview Page 1 of 4 The World Bank Report No: ISR8936 This ISR updates the project status following the implementation support mission of September 16-20, 2012. The implementation of both of the project components are advancing satisfactorily. Component 1: Rehabilitation and Expansion of the Terminal Building 2 (TB2) at Cairo International Airport - the civil works contract for the rehabilitation and expansion of the TB2 was awarded to Limak-CMR JV (Contractor). The contractor has fully mobilized. The Old TB2 airside and landside demolition process is on-going. Public Disclosure Copy Component 2: Technical Assistance and Studies. This component finances the development of five studies, of which two studies have already been completed. Locations Country First Administrative Division Location Planned Actual Egypt Not Entered Cairo International Airport Results Project Development Objective Indicators Indicator Name Core Unit of Measure Baseline Current End Target Total Passenger Traffic at CAI (millions) Number Value 14.21 14.14 19.47 Date 30-Jun-2009 30-Jun-2012 30-Jun-2016 Comments Previous value was for 6 months Connecting Passenger Traffic at CAI (millions) Number Value 0.67 0.65 3.95 Date 30-Jun-2009 30-Jun-2012 30-Jun-2016 Comments Passenger processing time in the new TB2 Minutes Value 45.00 36.00 (departing) Date 30-Jun-2009 30-Jun-2012 30-Jun-2016 Comments Not measurable since the new TB2 is not operating yet. Passenger processing time in the new TB2 Minutes Value 37.00 29.00 (arriving) Date 30-Jun-2009 01-Mar-2012 30-Jun-2016 Comments Not measurable since the Public Disclosure Copy new TB2 is not operating yet. Commercial revenue per passenger at CAI Amount(USD) Value 4.30 6.10 7.10 Date 30-Jun-2009 30-Jun-2012 30-Jun-2016 Comments Number of enforced bilateral agreements Number Value 47.00 67.00 Date 30-Jun-2009 30-Jun-2012 30-Jun-2016 Comments Will be measured at the end of the project. Page 2 of 4 The World Bank Report No: ISR8936 Rate of compliance of Egypt's civil aviation in Number Value 75.00 safety and security audits Date 30-Jun-2009 30-Jun-2012 30-Jun-2016 Comments There is no FY2009 baseline Will be measured at the end Public Disclosure Copy for comparison because ICAO of the project. (International Civil Aviation Organization) has changed its method to measure compliance since its last audit of Egypt. Intermediate Results Indicators Indicator Name Core Unit of Measure Baseline Current End Target Percentage of completion of the new TB2 Percentage Value 0.00 0.70 100.00 Date 30-Jun-2009 30-Jun-2012 30-Jun-2016 Comments Approved report on the air transport policy of Yes/No Value No No Yes Egypt and strategic options Date 30-Jun-2009 30-Jun-2012 30-Jun-2016 Comments The Study is on-going Approved report on development strategy of Yes/No Value No Yes Yes air traffic control and air traffic management Date 30-Jun-2009 03-Aug-2011 30-Jun-2016 Comments Completed. Final report approved on August 3, 2011. Approved report on civil aviation Authority's Yes/No Value No No Yes compliance withICAO Standard and Date 30-Jun-2009 30-Jun-2012 30-Jun-2016 Recommended Practices concerning Comments The procurement process for regulatory oversight of safety and security the study is currently on- going. Approved report on fee and tax structure of the Yes/No Value No Yes Yes air transport sector Date 30-Jun-2009 09-Oct-2011 30-Jun-2016 Public Disclosure Copy Comments Completed. Final report approved on October 9, 2011. Approved report on spatial planning of Cairo Yes/No Value No No Yes airport's area Date 30-Jun-2009 30-Jun-2012 30-Jun-2016 Comments The Study is on-going Data on Financial Performance (as of 18-Jun-2012) Financial Agreement(s) Key Dates Page 3 of 4 The World Bank Report No: ISR8936 Project Ln/Cr/Tf Status Approval Date Signing Date Effectiveness Date Original Closing Date Revised Closing Date P101201 IBRD-78510 Effective 23-Feb-2010 25-Mar-2010 12-Aug-2010 30-Nov-2015 30-Nov-2015 Disbursements (in Millions) Public Disclosure Copy Project Ln/Cr/Tf Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P101201 IBRD-78510 Effective USD 280.00 280.00 0.00 22.04 257.96 8.00 Disbursement Graph Key Decisions Regarding Implementation None Public Disclosure Copy Restructuring History There has been no restructuring to date. Related Projects There are no related projects. Page 4 of 4