The World Bank Implementation Status & Results Report Sint Maarten Airport Terminal Reconstruction Project (P167974) Sint Maarten Airport Terminal Reconstruction Project (P167974) LATIN AMERICA AND CARIBBEAN | St Maarten | Transport Global Practice | Recipient Executed Activities | Investment Project Financing | FY 2020 | Seq No: 2 | ARCHIVED on 29-Jun-2020 | ISR42304 | Implementing Agencies: Princess Juliana International Airport Operating Company N.V., Sint Maarten Government, National Recovery Program Bureau Key Dates Key Project Dates Bank Approval Date: 18-Sep-2019 Effectiveness Date: 07-Apr-2020 Planned Mid Term Review Date: -- Actual Mid-Term Review Date: Original Closing Date: 31-Dec-2022 Revised Closing Date: 31-Dec-2022 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) The development objective to restore the passenger capacity of Princess Juliana International Airport to pre-Hurricane Irma levels with improved resilience towards hurricanes. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Components Table Name Reconstruction of the PJIA terminal facilities:(Cost $107.00 M) Capacity Building of and Project Management by PJIAE:(Cost $0.50 M) Capacity Building of and Project Management by the Government of Sint Maarten:(Cost $0.50 M) Support of PJIAE Operations:(Cost $21.00 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Satisfactory Satisfactory Overall Implementation Progress (IP) Satisfactory Satisfactory Overall Risk Rating High Substantial Implementation Status and Key Decisions The project was approved on September 18, 2019, signed on December 9, 2019, and became effective on April 7, 2020. The co-financing by EIB loan also became effective on April. Following the effectiveness, all the insurance proceeds were released by the bondholders, which will be used mainly for the reconstruction related activities, including co-financing to the project (US$7m). Due to the COVID-19 restriction, the bidding process of the mold remediation was suspended but has resumed in June. The remediation is expected to start in August and complete in December. The preparation of the main reconstruction work (Package 2) is on track and the bidding is planned to start in August. Meanwhile, the COVID-19 pandemic could influence further these timeline. Worsened airport financial situation will likely require support from Component 4 (OPEX support) starting Q2 (April-June) 2020. 6/29/2020 Page 1 of 5 The World Bank Implementation Status & Results Report Sint Maarten Airport Terminal Reconstruction Project (P167974) Corporate governance measures to strengthen the governance of PJIAE and PJIAH are being prepared by the task force team. This activity is managed and supervised by a separate TF activity. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance High High Substantial Macroeconomic Moderate Moderate Moderate Sector Strategies and Policies Moderate Moderate Moderate Technical Design of Project or Program Substantial Substantial Substantial Institutional Capacity for Implementation and High High Substantial Sustainability Fiduciary Substantial Substantial Substantial Environment and Social Moderate Moderate Moderate Stakeholders Substantial Substantial Moderate Other -- -- Substantial Overall High High Substantial Results PDO Indicators by Objectives / Outcomes Restore to pre-Irma levels the passenger capacity of Princess Juliana International Airport IN00857769 ►Passenger handling capacity of the terminal (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 1,000,000.00 1,000,000.00 1,000,000.00 2,500,000.00 Date 01-Mar-2019 13-Dec-2019 19-Jun-2020 31-Dec-2021 Annual passenger handling capacity of the terminal. The baseline value for the passenger handling capacity is estimated at 1 million given that the current temporary terminal facility on part of the ground Comments: floor can handle up to around 60% of the pre-Irma passenger volume of 1.8 million. The target is the originally designed capacity of 2.5 million to which the project aims at restoring Improve resilience of the terminal against hurricanes IN00857768 6/29/2020 Page 2 of 5 The World Bank Implementation Status & Results Report Sint Maarten Airport Terminal Reconstruction Project (P167974) ►Resistance of terminal building to Irma-level hurricanes (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No No No Yes Date 01-Mar-2019 13-Dec-2019 19-Jun-2020 31-Dec-2021 Resistance of terminal building to Irma-level hurricanes through strengthened jet bridges and more Comments: resilient entrance doors. Intermediate Results Indicators by Components Reconstruction of the PJIA passenger terminal IN00857770 ►Completion of package 2 terminal reconstruction works (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 100.00 Date 01-Mar-2019 13-Dec-2019 19-Jun-2020 31-Dec-2021 Comments: Completion of Package 2 terminal reconstruction works. IN00857901 ►Installation of strengthened jet bridges (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Strengthened jet bridges Strengthened jet bridges Strengthened jet Strengthened jet Value not installed not installed bridges not installed bridges installed Date 03-Jun-2019 13-Dec-2019 19-Jun-2020 30-Jun-2021 Comments: Installation of strenghtened jet bridges IN00857902 ►Installation of resilient entrance doors (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Resilient entrance doors Resilient entrance doors Resilient entrance Resilient entrance Value not installed not installed doors not installed doors installed Date 03-Jun-2019 13-Dec-2019 19-Jun-2020 30-Jun-2021 Installation of the main entrance doors of the PJIA terminal building with resilience to Irma-level Comments: hurricanes. IN00857903 ►Restoration of Baggage Handling System (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Baggage Handling Baggage Handling Baggage Handling Baggage Handling Value System not restored System not restored System not restored System Restored 6/29/2020 Page 3 of 5 The World Bank Implementation Status & Results Report Sint Maarten Airport Terminal Reconstruction Project (P167974) Date 03-Jun-2019 13-Dec-2019 19-Jun-2020 30-Jun-2021 Comments: Restoration of Baggage Handling System IN00857904 ►PJIAE submits quarterly reports describing claims received through GRM and how issues were resolved (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No No No Yes Date 01-Mar-2019 13-Dec-2019 19-Jun-2020 30-Jun-2021 PJIAE submits to the Bank quarterly environment and social safeguard reports including claims received Comments: through GRM and how issues were resolved Performance-Based Conditions Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P167974 TF-B0760 Effective USD 72.00 72.00 0.00 0.00 72.00 0%% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P167974 TF-B0760 Effective 18-Sep-2019 09-Dec-2019 07-Apr-2020 31-Dec-2022 31-Dec-2022 Cumulative Disbursements 6/29/2020 Page 4 of 5 The World Bank Implementation Status & Results Report Sint Maarten Airport Terminal Reconstruction Project (P167974) PBC Disbursement Achievement Disbursed amount in Disbursement % PBC ID PBC Type Description Coc PBC Amount Status Coc for PBC Restructuring History There has been no restructuring to date. Related Project(s) There are no related projects. 6/29/2020 Page 5 of 5