The World Bank Implementation Status & Results Report Third Regional Development Project (P150696) Third Regional Development Project (P150696) EUROPE AND CENTRAL ASIA | Georgia | Urban, Resilience and Land Global Practice | IBRD/IDA | Investment Project Financing | FY 2016 | Seq No: 10 | ARCHIVED on 06-Jun-2020 | ISR41623 | Implementing Agencies: Georgia Municipal Development Fund, Ministry of Finance, Republic of Georgia Key Dates Key Project Dates Bank Approval Date: 01-Jul-2015 Effectiveness Date: 15-Oct-2015 Planned Mid Term Review Date: 12-Sep-2017 Actual Mid-Term Review Date: 25-Sep-2017 Original Closing Date: 31-Dec-2019 Revised Closing Date: 31-Dec-2022 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) The Project Development Objective is to improve infrastructure services and institutional capacity to support increased contribution of tourism in the local economy of the Samtskhe-Javakheti and Mtskheta-Mtianeti regions. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Components Table Name Infrastructure Investment:(Cost $53.00 M) Institutional Development:(Cost $7.00 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Moderately Satisfactory Moderately Satisfactory Overall Implementation Progress (IP) Moderately Satisfactory Moderately Satisfactory Overall Risk Rating Substantial Moderate Implementation Status and Key Decisions The Third Regional Development Project (RDP3) was approved on July 1, 2015, in the amount of USD 60 million. Following the signing of the Loan Agreement on August 7, 2015, the Project became effective on October 15, 2015. On October 17, 2019, the World Bank agreed to extend the closing date by three years, from December 31, 2019, to December 31, 2022. This was the first extension of the project closing date. The extension was agreed to allow for all activities envisaged under the project to be completed and the Project Development Objectives (PDO) to be fully achieved. The Project supports the rehabilitation and development of public assets and spaces in the selected municipalities and provision of services to boost the tourism-based economy in Samtskhe-Javakheti and Mtskheta-Mtianeti regions. Activities supported under the Project have already led to improved public services and facilities for 11 thousand beneficiaries through (i) 13 thousand sq. meters of rehabilitated urban and public spaces; (ii) improved water supply connections for 58 households; (iii) 35 kilometers of rehabilitated roads leading to key tourist attractions; (iv) 185 upgraded 6/6/2020 Page 1 of 6 The World Bank Implementation Status & Results Report Third Regional Development Project (P150696) street light posts; (v) 17 rehabilitated historical houses, renovated Observatory Complex and the cable car in Abastumani; (vi) rehabilitated Central Park in Dusheti, and (vii) improved tourism infrastructure at key tourist attractions such as the Vadzia Cluster and Sapara Monastery. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance Moderate Moderate Moderate Macroeconomic Moderate Moderate Moderate Sector Strategies and Policies Moderate Moderate Moderate Technical Design of Project or Program Substantial Substantial Moderate Institutional Capacity for Implementation and Substantial Substantial Moderate Sustainability Fiduciary Moderate Low Low Environment and Social Moderate Moderate Moderate Stakeholders Moderate Moderate Moderate Other -- -- Substantial Overall Substantial Substantial Moderate Results PDO Indicators by Objectives / Outcomes Infrastructure Investment IN00838665 ►Number of jobs created by activities linked to support tourism industry (gender disaggregated) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 63,787.00 63,789.00 63,789.00 81,410.00 Date 11-Apr-2015 30-Jun-2019 12-May-2020 31-Dec-2022 IN00838696 ►Increased annual number of visitors at Project sites (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 25.00 6/6/2020 Page 2 of 6 The World Bank Implementation Status & Results Report Third Regional Development Project (P150696) Date 11-Apr-2015 30-Jun-2019 12-May-2020 31-Dec-2022 IN00838697 ►New or rehabilitated urban public spaces in selected municipalities (Square Meter(m2), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 13,529.00 13,529.00 277,877.00 Date 11-Apr-2015 30-Jun-2019 12-May-2020 31-Dec-2022 IN00838698 ►Increased volume of private sector investments in targeted areas. (Amount(USD), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 30.00 Date 11-Apr-2015 13-Jun-2017 12-May-2020 31-Dec-2022 Institutional Development IN00838664 ►Number of functioning destination organizations in the project area. (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 2.00 Date 11-Apr-2015 06-Dec-2017 12-May-2020 31-Dec-2022 Intermediate Results Indicators by Components Infrastructure Investment IN00838699 ►Direct project beneficiaries (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 272.00 11,832.00 120,000.00 Date 11-Apr-2015 06-Dec-2017 12-May-2020 31-Dec-2022 IN00838701 Female beneficiaries (Number, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 5,840.00 5,840.00 60,000.00 IN00838702 ►Grievances registered related to delivery of project benefits addressed (Percentage, Custom) 6/6/2020 Page 3 of 6 The World Bank Implementation Status & Results Report Third Regional Development Project (P150696) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 100.00 100.00 100.00 Date 11-Apr-2015 30-Jun-2019 12-May-2020 31-Dec-2022 IN00838703 ►Grievances responded to and/or resolved within one month of being filed (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 100.00 100.00 100.00 Date 11-Apr-2015 30-Jun-2019 12-May-2020 31-Dec-2022 IN00838704 ►Number of museums refurbished (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 3.00 Date 11-Apr-2015 06-Dec-2017 12-May-2020 31-Dec-2022 IN00838705 ►Number of tourism facilities constructed at cultural heritage sites along the tourist circuit (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 4.00 8.00 Date 11-Apr-2015 06-Dec-2017 12-May-2020 31-Dec-2022 IN00838706 ►Piped household water connections that are benefiting from rehabilitation works undertaken by the project (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 58.00 58.00 420.00 Date 11-Apr-2015 30-Jun-2019 12-May-2020 31-Dec-2022 IN00838707 ►Improved access roads to selected tourism attraction sites (Kilometers, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 34.29 34.29 35.00 Date 11-Apr-2015 30-Jun-2019 12-May-2020 31-Dec-2022 IN00838708 ►Number of houses restored (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target 6/6/2020 Page 4 of 6 The World Bank Implementation Status & Results Report Third Regional Development Project (P150696) Value 0.00 0.00 0.00 58.00 Date 11-Apr-2015 30-Jun-2019 12-May-2020 31-Dec-2022 IN00838709 ►Number of street lighting posts and bulbs replaced (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 185.00 185.00 760.00 Date 11-Apr-2015 30-Jun-2019 12-May-2020 31-Dec-2022 IN00838710 ►Number of Parks upgraded (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1.00 1.00 4.00 Date 11-Apr-2015 30-Jun-2019 12-May-2020 31-Dec-2022 Institutional Development IN00838700 ►Number of beneficiaries of skills development training provided by the Project, disaggregated by gender (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 467.00 467.00 Date 11-Apr-2015 06-Dec-2017 12-May-2020 31-Dec-2022 Performance-Based Conditions Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P150696 IBRD-84940 Effective USD 60.00 60.00 0.00 21.61 38.39 36% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P150696 IBRD-84940 Effective 01-Jul-2015 07-Aug-2015 15-Oct-2015 31-Dec-2019 31-Dec-2022 Cumulative Disbursements 6/6/2020 Page 5 of 6 The World Bank Implementation Status & Results Report Third Regional Development Project (P150696) PBC Disbursement Achievement Disbursed amount in Disbursement % PBC ID PBC Type Description Coc PBC Amount Status Coc for PBC Restructuring History Level 2 Approved on 17-Oct-2019 Related Project(s) There are no related projects. 6/6/2020 Page 6 of 6