The World Bank Report No: ISR3488 Implementation Status & Results Egypt, Arab Republic of Public Disclosure Copy Cairo Airport Development Project-TB2 (P101201) Operation Name: Cairo Airport Development Project-TB2 (P101201) Project Stage: Implementation Seq.No: 3 Status: ARCHIVED Last Modified Date: 26-May-2011 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): Egyptian Holding Company for Airports and Air Navigation (EHCAAN) Key Dates Board Approval Date 23-Feb-2010 Original Closing Date 30-Nov-2015 Planned Mid Term Review Date 30-Sep-2012 Last Archived ISR Date 11-Jan-2011 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) Public Disclosure Copy Component Name Component Cost Rehabilitation and expansion of TB2 433.00 Technical assistance and studies 2.80 Overall Ratings Previous Rating Current Rating Progress towards achievement of PDO Satisfactory Satisfactory Overall Implementation Progress (IP) Satisfactory Highly Satisfactory Overall Risk Rating Implementation Status Overview Page 1 of 6 The World Bank Report No: ISR3488 The project implementation is moving ahead swiftly. Procurement is ongoing for the two components of the project. Three consultancy contracts (out of five) for the technical assistance component have already been awarded and consultants have submitted interim reports. Accordingly, the project is satisfactorily progressing towards achieving its Public Disclosure Copy development objectives. Results Project Development Objective Indicators Indicator Baseline Current End Target Indicator Name Value Value Value Total Passenger Traffic at CAI (millions) 14.21 15.21 19.47 Date Date Date 30-Jun-2009 30-Jun-2010 30-Jun-2016 Type Unit of Measure Comment Comment Comment Custom Indicator Number Value for FY2010. Indicator Baseline Current End Target Indicator Name Value Value Value Connecting Passenger Traffic at CAI (millions) 0.67 0.55 3.95 Date Date Date 30-Jun-2009 30-Jun-2010 30-Jun-2016 Type Unit of Measure Comment Comment Comment Custom Indicator Number Value for FY2010. Indicator Baseline Current End Target Indicator Name Value Value Value Passenger processing time in the new TB2 (departing) 45.00 36.00 Date Date Date 30-Jun-2009 24-May-2011 30-Jun-2016 Public Disclosure Copy Type Unit of Measure Comment Comment Comment Custom Indicator Minutes Not measurable since the new TB2 is not built yet. Page 2 of 6 The World Bank Report No: ISR3488 Indicator Baseline Current End Target Public Disclosure Copy Indicator Name Value Value Value Passenger processing time in the new TB2 (arriving) 36.00 27.00 Date Date Date 30-Jun-2009 24-May-2011 30-Jun-2016 Type Unit of Measure Comment Comment Comment Custom Indicator Minutes Not measurable since the new TB2 is not built yet. Indicator Baseline Current End Target Indicator Name Value Value Value Commercial revenue per passenger at CAI 4.30 5.90 7.10 Date Date Date 30-Jun-2009 30-Jun-2010 30-Jun-2016 Type Unit of Measure Comment Comment Comment Custom Indicator Amount(USD) Value for FY2010. Indicator Baseline Current End Target Indicator Name Value Value Value Number of enforced bilateral agreements 47.00 67.00 Date Date Date 30-Jun-2009 24-May-2011 30-Jun-2016 Type Unit of Measure Comment Comment Comment Custom Indicator Number Will be monitored at the end of the project. Indicator Baseline Current End Target Indicator Name Value Value Value Public Disclosure Copy Rate of compliance of Egypt's civil aviation in safety and security audits 75.00 Date Date Date 30-Jun-2016 Type Unit of Measure Comment Comment Comment Custom Indicator Number There is no FY2009 baseline for Will be monitored at the end of the comparison because ICAO project. (International Civil Aviation Organization) has changed its method to measure compliance since its last audit of Egypt. Page 3 of 6 The World Bank Report No: ISR3488 Intermediate Results Indicators Public Disclosure Copy Indicator Baseline Current End Target Indicator Name Value Value Value Percentage of completion of the new TB2 0.00 0.00 100.00 Date Date Date 30-Jun-2009 24-May-2011 30-Jun-2016 Type Unit of Measure Comment Comment Comment Custom Indicator Percentage Indicator Baseline Current End Target Indicator Name Value Value Value Approved report on the air transport policy of Egypt and strategic No No Yes options Date Date Date 30-Jun-2009 24-May-2011 30-Jun-2016 Type Unit of Measure Comment Comment Comment Custom Indicator Yes/No Indicator Baseline Current End Target Indicator Name Value Value Value Approved report on development strategy of air traffic control and air No No Yes traffic management Date Date Date 30-Jun-2009 24-May-2011 30-Jun-2016 Type Unit of Measure Comment Comment Comment Custom Indicator Yes/No Indicator Baseline Current End Target Indicator Name Value Value Value Approved report on civil aviation Authority's compliance withICAO Public Disclosure Copy No No Yes Standard and Recommended Practices concerning regulatory Date Date Date oversight of safety and security 30-Jun-2009 24-May-2011 30-Jun-2016 Type Unit of Measure Comment Comment Comment Custom Indicator Yes/No Page 4 of 6 The World Bank Report No: ISR3488 Indicator Baseline Current End Target Public Disclosure Copy Indicator Name Value Value Value Approved report on fee and tax structure of the air transport sector No No Yes Date Date Date 30-Jun-2009 24-May-2011 30-Jun-2016 Type Unit of Measure Comment Comment Comment Custom Indicator Yes/No Indicator Baseline Current End Target Indicator Name Value Value Value Approved report on spatial planning of Cairo airport's area No No Yes Date Date Date 30-Jun-2009 24-May-2011 30-Jun-2016 Type Unit of Measure Comment Comment Comment Custom Indicator Yes/No Data on Financial Performance (as of 04-May-2011) Financial Agreement(s) Key Dates Project Loan No. Status Approval Date Signing Date Effectiveness Date Closing Date P101201 IBRD-78510 Effective 23-Feb-2010 25-Mar-2010 12-Aug-2010 30-Nov-2015 Disbursements (in Millions) Project Loan No. Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P101201 IBRD-78510 Effective USD 280.00 280.00 0.00 0.33 279.67 0.00 Disbursement Graph Public Disclosure Copy Page 5 of 6 The World Bank Report No: ISR3488 Public Disclosure Copy Key Decisions Regarding Implementation None Restructuring History There has been no restructuring to date. Related Projects Public Disclosure Copy Page 6 of 6