OFFICIAL
THE WORLD BANK DOCUMENTS
18RD*-IDA I vafoomeamemow
Pierre Laporte Angle des Rues Booker Washington Tel (225) 22.400.400
Country Director et Jacques Aka - 01 BP 1850 Fax (225) 22.400.461
Africa Region Abidjan, C6te d'lvoire plaporte@worldbank.org
June 7, 2016
Her Excellency Hadizatou Rosine Coulibaly/Sori
Minister of Economy, Finance and Developement
Ministry of Economy, Finance, and Development
Ouagadougou
Burkina Faso
Your Excellency:
Burkina Faso - Bagrk Growth Pole Project
Amendment to the Financing Agreement (Grant No. H727-BF)
We refer to the Financing Agreement (the Financing Agreement), dated July 4, 2011,
between Burkina Faso (the Recipient) and the International Development Association (the
Association), for the above referenced project (the Project). We also refer to your letter dated
December 14, 2015, requesting certain amendments to the Financing Agreement.
We are pleased to inform you that the Association agrees with your request and therefore
proposes to amend the Financing Agreement as follows:
1. Parts A(2)(a) and A(2)(b) of the Project in Schedule 1 to the Financing Agreement are
amended to read as follows (emphasis added):
(a) Carrying out of a program to improve the capacity of BDA to ensure the efficient
and effective: (i) spatial planning, design and oversight of the construction of
infrastructure in the Project Area; (ii) investment promotion in the Project Area,
including investor follow-up and marketing; (iii) operation and maintenance of
the Project Area infrastructure (including irrigation systems, roads and utilities);
and (iv) delivery of irrigation water and other critical services to investors in the
Project Area; all through the engagement of one or more private operators.
(b) Carrying out of a program to enhance the capacity of the Burkina Faso Business
Association ("BFBA") to provide business development services and facilitate
private investment in the Project Area, through: (i) the simplification and
streamlining of procedures for registration of enterprises and delivery of building
permits as well as of business services and training; (ii) the installation of a network
designed to improve BFBA's information technology platform, and its processes
for business registration and licensing; (iii) investment promotion capacity
building, including for investor follow-up and marketing; and (iv)
construction of a field office and one-stop-shop for business regulation and
other investment facilitation for BFBA.
2. Parts B(3), B(4) and B(5) of the Project in Schedule 1 to the Financing Agreement are
deleted in their entirety.
3. The table in Section IV.A.2 of Schedule 2 of the Financing is amended to read as follows
(emphasis added):
Category Amount of the Grant Percentage of
Allocated (expressed Expenditures to be
in SDR) Financed
(inclusive of Taxes)
(1) Goods, works, services, Training 59,280,000 80% for Operating Costs;
and Operating Costs for Part A and 100% for all other
(excluding Part A(2)(b)), and Part B expenditures
of the Project
(2) (a) Goods, services, Training and 1,000,000 100%
Operating Costs for Part A(2)(b) and
Part C(2) of the Project
(b) Services for Sub-projects financed
out of the proceeds of Matching 6,800,000 100% of amounts paid
Grants under Part C(1) of the Project under the Matching Grant
for expenditures required
for the Sub-project
concerned
(3) Refund of Preparation Advance 80,000 Amount payable pursuant
to Section 2.07 of the
General Conditions
(4) Unallocated 0
(5) Goods, works, services, Training 2,200,000 100%
and Operating Costs for Part A(2)(b)
and Part C(2) of the Project
(6) Refund of Preparation Advance 1,640,000 Amount payable pursuant
(IDA Q9350) to Section 2.07 of the
General Conditions
TOTAL AMOUNT 71,000,000
4. Section IV.B.2 of Schedule 2 to the Financing Agreement is amended to read as follows
(emphasis added):
"The Closing Date is November 30, 2018."
5. Section IV.B of Schedule 2 to the Financing Agreement is amended by the insertion of a
new paragraph 3 to read as follows:
"For the avoidance of doubt, expenditures incurred by the Recipient after the date of this
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Agreement for works in connection with the construction of a one-stop-shop and field
office for BFBA under Part A(2)(b)(iv) of the Project shall be eligible for financing under
the Grant under Category (5)."
6. Section I (Definitions) of the Appendix to the Financing Agreement is amended by the
insertion of the following definition in the appropriate alphabetical order (and the
succeeding paragraphs shall be deemed renumbered accordingly):
"Preparation Advance (IDA Q9350)" means the advance referred to in Section 2.07 of the
General Conditions, granted by the Association to the Recipient pursuant to the letter
agreement signed on behalf of the Association and the Recipient on October 10, 2014
(Preparation Advance No. Q9350)."
All other provisions of the Financing Agreement, except as herein amended, shall remain
in full force and effect.
Please indicate your agreement with the foregoing amendments to the Financing
Agreement on behalf of the Recipient by countersigning and dating two original copies of this
letter and returning one countersigned original to us. The amendments to the Financing Agreement
shall become effective as of the date of this letter upon receipt by the Association of a duly
countersigned original of this letter.
Sincerely,
INTERNATIONAL DEVELOPMENT ASSOCIATION
By_
Pierrt Laporte
Country Director for Burkina Faso
Africa Region
AGREED:
BURKINA FASO
By:
Authorized Representative
Name: L16 0I LA Sc,laSiF 0
Title: V~k C L
Date: D 3 o
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