Public Disclosure Copy The World Bank Implementation Status & Results Report Regional Development Project (P126033) Regional Development Project (P126033) EUROPE AND CENTRAL ASIA | Georgia | Social, Urban, Rural and Resilience Global Practice Global Practice | IBRD/IDA | Investment Project Financing | FY 2012 | Seq No: 10 | ARCHIVED on 28-Dec-2017 | ISR30321 | Implementing Agencies: Georgia Municipal Development Fund, Ministry of Finance Key Dates Key Project Dates Bank Approval Date:20-Mar-2012 Effectiveness Date:31-May-2012 Planned Mid Term Review Date:14-Oct-2013 Actual Mid-Term Review Date:26-May-2014 Original Closing Date:31-Dec-2016 Revised Closing Date:31-Dec-2017 Project Development Objectives Project Development Objective (from Project Appraisal Document) The Project Development Objective is to improve infrastructure services and institutional capacity to support the development of tourism-based economy and cultural heritage circuits in the Kakheti region Has the Project Development Objective been changed since Board Approval of the Project Objective? No PHRPDODEL Components Name Infrastructure Investment:(Cost $56.90 M) Institutional Development:(Cost $3.10 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO  Satisfactory  Moderately Satisfactory Overall Implementation Progress (IP)  Satisfactory  Satisfactory Overall Risk Rating  Moderate  Moderate Implementation Status and Key Decisions 12/28/2017 Page 1 of 7 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Regional Development Project (P126033) Significant progress has been made towards resolving issues related to quality of works, finalizing O&M arrangements, and completion of the capacity building activities, spesifically laying down the framework for the DMO (appointing core staff, conducting consultations with the private sector, allocating office space, procuring equipment). However some of the issues will not be resolved in full by project closing. Thus the PIU (Municipal Development Fund) is urged to carry on the supervision and coordination needed after the project closing until all of the remaining concerns are addressed. This specifically relates to: completing minor remaining civil works and quality remediation works (using GOG funds or contractor liability period), ensuring all assets are fully operational and have maintenance plans in place, and supporting full operationalization of Kaheti DMO. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance  --  Moderate  Moderate Macroeconomic  --  Low  Low Sector Strategies and Policies  --  Low  Low Technical Design of Project or Program  --  Substantial  Substantial Institutional Capacity for Implementation and Sustainability  --  Low  Low Fiduciary  --  Moderate  Moderate Environment and Social  --  Moderate  Moderate Stakeholders  --  Low  Low Other  --  --  -- Overall  --  Moderate  Moderate Results Project Development Objective Indicators PHINDPDOTBL  Reduce weighted average vehicle operating cost due to improved urban roads (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 100.00 71.00 71.00 75.00 Date 30-May-2012 13-Jun-2017 22-Dec-2017 31-Dec-2017 12/28/2017 Page 2 of 7 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Regional Development Project (P126033) PHINDPDOTBL  Increased (direct and indirect) volume of private sector investment (Amount(USD), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 61,000,000.00 61,000,000.00 50,000,000.00 Date 30-May-2012 13-Jun-2017 22-Dec-2017 31-Dec-2017 PHINDPDOTBL  Increase number of hotel beds in circuit route areas (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 1,610.00 3,016.00 3,016.00 1,932.00 Date 30-May-2012 13-Jun-2017 22-Dec-2017 31-Dec-2017 PHINDPDOTBL  Increase points of sales (tickets, souvenirs shops, restaurants, hotels, guesthouse and family houses) in renovated culture heritage sites and cities (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 248.00 337.00 337.00 323.00 Date 30-May-2012 13-Jun-2017 22-Dec-2017 31-Dec-2017 Overall Comments Intermediate Results Indicators 12/28/2017 Page 3 of 7 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Regional Development Project (P126033) PHINDIRITBL  Piped household water connections that are benefiting from rehabilitation works undertaken by the project (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 907.00 907.00 500.00 Date 30-May-2012 13-Jun-2017 22-Dec-2017 31-Dec-2017 PHINDIRITBL  Roads constructed and rehabilitated (Kilometers, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 26.30 26.30 20.00 Date 30-May-2012 12-Sep-2017 22-Dec-2017 31-Dec-2017 PHINDIRITBL  Number of private investment proposals approved (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 11.00 11.00 10.00 Date 30-May-2012 13-Jun-2017 22-Dec-2017 31-Dec-2017 PHINDIRITBL  Number of redeveloped culture heritage sites along the the tourist circuit (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 11.00 11.00 11.00 Date 30-May-2012 13-Jun-2017 22-Dec-2017 31-Dec-2017 12/28/2017 Page 4 of 7 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Regional Development Project (P126033) PHINDIRITBL  Production/Distribution of new maps based on geotourism database (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 19,449.00 19,449.00 10,000.00 Date 30-May-2012 13-Jun-2017 22-Dec-2017 31-Dec-2017 Comments Only map production in 2016 is included PHINDIRITBL  Number of established and operating of destination management offices (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 1.00 1.00 Date 30-May-2012 13-Jun-2017 22-Dec-2017 31-Dec-2017 Comments The Kaheti DMO has been established on the basis of Kaheti Regional Development Agency, the head of the agency has been appointed, the office have been allocated and furniture and equipment has been purchased, staffing of the agency is uner way and will be complete by March 2018. PHINDIRITBL  Number of buildings restored in Telavi, Kvareli and Dartlo (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 217.00 217.00 150.00 Date 30-May-2012 13-Jun-2017 22-Dec-2017 31-Dec-2017 12/28/2017 Page 5 of 7 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Regional Development Project (P126033) PHINDIRITBL  Direct project beneficiaries (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 87,800.00 32,319.00 30,800.00 Date 30-May-2012 13-Jun-2017 22-Dec-2017 31-Dec-2017 Comments The methodoogy for calculation of beneficiaries has been revised to more accurately capture the impact of the project. This is the reason for a significant drop in the indicator. The previous methodology included all residents of Telavi and Kvareli. The new methodology more clearly defines the local population directly benefiting from project interventions. It includes the following categories of beneficiaries: • temporary employees in construction supported by the project • permanent employees in private sector investments supported by the project • residents benefiting from house restoration • residents benefiting from water system restorations • residents living within 500meter of rehabilitated roads • residents living within 1500 meters of rehabilitated Akhtala park • skills training participants PHINDIRITBL  Female beneficiaries (Number, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 45,770.00 16,867.00 16,140.00 Overall Comments Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed P126033 IBRD-81480 Effective USD 60.00 60.00 0.00 59.49 0.51 99% 12/28/2017 Page 6 of 7 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Regional Development Project (P126033) Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P126033 IBRD-81480 Effective 20-Mar-2012 28-Mar-2012 31-May-2012 31-Dec-2016 31-Dec-2017 Cumulative Disbursements Restructuring History Level 2 Approved on 06-Jun-2016 ,Level 2 Approved on 28-Nov-2017 Related Project(s) There are no related projects. 12/28/2017 Page 7 of 7 Public Disclosure Copy