The World Bank Implementation Status & Results Report Palau: ICT Sector Technical Assistance (P160504) Palau: ICT Sector Technical Assistance (P160504) EAST ASIA AND PACIFIC | Palau | Digital Development Global Practice | Recipient Executed Activities | Investment Project Financing | FY 2018 | Seq No: 3 | ARCHIVED on 10-Jul-2020 | ISR42554 | Implementing Agencies: Republic of Palau, Ministry of Finance, Ministry of Public Infrastructure, Industries and Commerce Key Dates Key Project Dates Bank Approval Date: 10-Apr-2018 Effectiveness Date: 01-May-2018 Original Closing Date: 30-Apr-2022 Revised Closing Date: 30-Apr-2022 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) The activity's development objective is to support the Recipient on its ongoing reforms to help create the conditions necessary to increase competition in the ICT sector. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Moderately Satisfactory Moderately Satisfactory Overall Implementation Progress (IP) Moderately Satisfactory Moderately Satisfactory Implementation Status and Key Decisions The telecom sector continues to show strong growth in Palau, largely driven by the benefits of the investments in the submarine cable system, the rollout of 4G/LTE services by PNCC and the upgrades of fixed broadband (ADSL/VDSL) to higher speeds. There is also evidence of competition in the fixed broadband market, especially for high value users, which is stimulating discounts and service upgrades for fixed broadband. The amount of capacity sold on the BSCC cable system continues to increase and now exceeds 6 Gbps. Work on the market study and regulatory reforms will begin during the second half of 2020. Risks Overall Risk Rating Risk Category Rating at Approval Previous Rating Current Rating Overall Moderate Moderate Moderate 5. Results 7/10/2020 Page 1 of 4 The World Bank Implementation Status & Results Report Palau: ICT Sector Technical Assistance (P160504) Project Development Objective Indicators IN00864721 ►Strengthened policymaking for ICT sector (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 3.00 Date 01-Dec-2017 01-Feb-2019 30-Jun-2020 30-Apr-2022 IN00864722 ►Strengthened regulatory capacity for ICT sector (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 3.00 Date 01-Dec-2017 01-Feb-2019 30-Jun-2020 30-Apr-2022 IN00864727 ►Impact on telecom sector of World Bank Technical Assistance (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1.00 1.00 3.00 Date 01-Dec-2017 01-Feb-2019 30-Jun-2020 30-Apr-2022 Intermediate Results Indicators IN00864723 ►Options report for reorganizing PNCC and BSCC delivered (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No No No Yes Date 01-Dec-2017 01-Feb-2019 01-Feb-2019 30-Apr-2022 IN00864724 ►ICT infrastructure needs analyzed and an investment plan prepared (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No No No Yes Date 01-Dec-2017 01-Feb-2019 01-Feb-2019 30-Apr-2022 IN00864725 ►Report on options for improving regulatory outcomes delivered (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target 7/10/2020 Page 2 of 4 The World Bank Implementation Status & Results Report Palau: ICT Sector Technical Assistance (P160504) Value No No No Yes Date 01-Dec-2017 01-Feb-2019 01-Feb-2019 30-Apr-2022 IN00864726 ►Interim GM recruited internationally to lead PNCC (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No No No Yes Date 01-Dec-2017 01-Feb-2019 01-Feb-2019 30-Apr-2022 Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P160504 TF-A7208 Effective USD 0.60 0.60 0.00 0.14 0.46 23% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P160504 TF-A7208 Effective 10-Apr-2018 01-May-2018 01-May-2018 30-Apr-2022 30-Apr-2022 Cumulative Disbursements 7/10/2020 Page 3 of 4 The World Bank Implementation Status & Results Report Palau: ICT Sector Technical Assistance (P160504) Restructuring History There has been no restructuring to date. Related Project(s) There are no related projects. 7/10/2020 Page 4 of 4