Public Disclosure Copy The World Bank Implementation Status & Results Report Da Nang-Quang Ngai Expressway Development Project (P106235) Da Nang-Quang Ngai Expressway Development Project (P106235) EAST ASIA AND PACIFIC | Vietnam | Transport & ICT Global Practice | IBRD/IDA | Investment Project Financing | FY 2011 | Seq No: 12 | ARCHIVED on 09-Nov-2017 | ISR27955 | Implementing Agencies: Ministry of Transport, Vietnam Expressway Corporation (VEC) Key Dates Key Project Dates Bank Approval Date:24-May-2011 Effectiveness Date:23-Feb-2012 Planned Mid Term Review Date:30-Sep-2016 Actual Mid-Term Review Date:18-May-2015 Original Closing Date:31-Oct-2018 Revised Closing Date:31-Oct-2018 Project Development Objectives Project Development Objective (from Project Appraisal Document) The objectives of the Project are to construct an expressway that will enhance efficiency and safety for road users traveling between Da Nang city and Quang Ngai province and build institutional capacity for expressway development in the Ministry of Transport. Has the Project Development Objective been changed since Board Approval of the Project Objective? No PHRPDODEL Components Name Da Nang - Quang Ngai Expressway:(Cost $1064.86 M) Project Implementation Support and Institutional Strengthening:(Cost $43.21 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO  Moderately Satisfactory  Moderately Unsatisfactory Overall Implementation Progress (IP)  Moderately Satisfactory  Moderately Unsatisfactory Overall Risk Rating  Substantial  High Implementation Status and Key Decisions 11/9/2017 Page 1 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Da Nang-Quang Ngai Expressway Development Project (P106235) The project implementation has seriously slowed down in recent months. The civil works component is significantly delayed due to lack of mobilized working capital by contractors. The majority of work is likely to be completed by June 2018. The capacity building activities for MOT and VEC is also faced with difficulties. The achievement PDO is at high risk. Risks 11/9/2017 Page 2 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Da Nang-Quang Ngai Expressway Development Project (P106235) Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance  --  Low  Low Macroeconomic  --  Low  Low Sector Strategies and Policies  --  Substantial  Substantial Technical Design of Project or Program  --  Low  Low Institutional Capacity for Implementation and Sustainability  --  Moderate  High Fiduciary  --  Substantial  Substantial Environment and Social  --  Substantial  High Stakeholders  --  Substantial  Substantial Other  --  --  -- Overall  --  Substantial  High Results Project Development Objective Indicators PHINDPDOTBL  Travel time for 10-ton freight vehicles between Da Nang and Quang Ngai (Minutes, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 233.00 233.00 233.00 186.00 Date 31-Jan-2011 31-Jan-2017 26-Sep-2017 31-Oct-2018 PHINDPDOTBL  Travel time for passenger vehicles between Da Nang and Quang Ngai (Minutes, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 158.00 158.00 158.00 126.00 Date 31-Jan-2011 31-Jan-2017 26-Sep-2017 31-Oct-2018 PHINDPDOTBL  Coefficient of variation of travel time for freight vehicles along the DQE corridor between Da Nang and Quang Ngai (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target 11/9/2017 Page 3 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Da Nang-Quang Ngai Expressway Development Project (P106235) Value 0.19 0.19 0.19 0.17 Date 31-Jan-2011 31-Jan-2017 26-Sep-2017 31-Oct-2018 PHINDPDOTBL  Coefficient of variation of travel time for passenger vehicles along the DQE corridor between Da Nang and Quang Ngai (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.08 0.08 0.08 0.07 Date 31-Jan-2011 31-Jan-2017 26-Sep-2017 31-Oct-2018 PHINDPDOTBL  Number of fatalities due to traffic accidents in the DQE corridor (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 185.00 185.00 185.00 166.00 Date 31-Jan-2011 31-Jan-2017 26-Sep-2017 31-Oct-2018 PHINDPDOTBL  Adoption of a strategic plan for expressway network management (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N N N Y Date 31-Jan-2011 31-Jan-2017 26-Sep-2017 31-Dec-2016 Overall Comments The construction of Da Nang-Quang Ngai Expressway will only completed by June 2018. Data will be only available after the expressway is open for traffic. Intermediate Results Indicators 11/9/2017 Page 4 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Da Nang-Quang Ngai Expressway Development Project (P106235) PHINDIRITBL  Establishment of a Vietnam Expressway Authority and Public Private Participation cell in MoT (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N Y Y Y Date 31-Jan-2011 27-Aug-2015 27-Aug-2015 31-Dec-2014 PHINDIRITBL  Roads constructed, non-rural (Kilometers, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 14.00 104.00 139.50 Date 31-Jan-2011 31-Jan-2017 26-Sep-2017 31-Oct-2018 PHINDIRITBL  Construction work completed (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 10.00 60.00 100.00 Date 31-Jan-2011 31-Jan-2017 26-Sep-2017 31-Oct-2018 PHINDIRITBL  Freight Tariff for a 10 ton truck between Da Nanag and Quang Ngai (Amount(USD), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 83.43 83.43 83.43 75.08 Date 31-Jan-2011 31-Jan-2017 26-Sep-2017 31-Oct-2018 11/9/2017 Page 5 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Da Nang-Quang Ngai Expressway Development Project (P106235) PHINDIRITBL  Adoption of a national strategy for tolling expressways (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N N N N Date 31-Jan-2011 31-Jan-2017 26-Sep-2017 31-Dec-2014 PHINDIRITBL  Capacity building for MoT Inspectorate to handle complaints undertaken (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N N N Y Date 31-Jan-2011 31-Jan-2017 26-Sep-2017 30-Mar-2018 PHINDIRITBL  Capacity building for VEC to undertake internal audits and prepare accounts to IFRS standards (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N N N Y Date 31-Jan-2011 31-Jan-2017 26-Sep-2017 30-Mar-2018 Comments This indicator is currently in non compliance with the legal covenant. Overall Comments End target for VEC and Inspectorate capacity building has been changed to match with the completion date of corresponding contracts. Capacity building for VEC and MOT are lagging behind in implementation. Preparation of internal audits and the VEC's accounts in accordance with IFRS standards are not being conducted according to the legal covenant. It's expected VEC will report back to the Bank on the implementation of institutional and TA activities as soon as possible. Data on Financial Performance Disbursements (by loan) 11/9/2017 Page 6 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Da Nang-Quang Ngai Expressway Development Project (P106235) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed P106235 IBRD-80490 Effective USD 470.49 470.49 0.00 81.60 388.89 17% P106235 IDA-49410 Effective USD 69.92 69.92 0.00 34.31 27.31 49% P106235 IDA-49420 Effective USD 73.09 73.09 0.00 65.36 3.84 89% P106235 TF-15072 Closed USD 1.87 1.87 0.00 1.87 0.00 100% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P106235 IBRD-80490 Effective 24-May-2011 12-Jan-2012 23-Feb-2012 31-Oct-2018 31-Oct-2018 P106235 IDA-49410 Effective 24-May-2011 12-Jan-2012 23-Feb-2012 31-Oct-2018 31-Oct-2018 P106235 IDA-49420 Effective 24-May-2011 12-Jan-2012 23-Feb-2012 31-Oct-2018 31-Oct-2018 P106235 TF-15072 Closed 22-Aug-2013 12-Sep-2013 12-Sep-2013 30-Jun-2016 30-Jun-2016 Cumulative Disbursements Restructuring History 11/9/2017 Page 7 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Da Nang-Quang Ngai Expressway Development Project (P106235) Level 2 Approved on 13-Jun-2016 Related Project(s) There are no related projects. 11/9/2017 Page 8 of 8 Public Disclosure Copy