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 | IBRD/IDA | Investment Project Financing (IPF) | FY 2020 | Seq No: 10 | Archived on 09-Aug-2024 | ISR01396 Implementing Agencies: National Recovery Program Bureau, Princess Juliana International Airport Operating Company N.V. 1. OBJECTIVE 1.1 Development Objective Original Development Objective (Approved as part of Approval package on 17-Sept-2019) 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 Development Objective been changed since Board Approval of the Project Objective? No 2. COMPONENTS Name Reconstruction of the PJIA terminal facilities:(Cost 107,000,000.00) Capacity Building of and Project Management by PJIAE:(Cost 500,000.00) Capacity Building of and Project Management by the Government of Sint Maarten:(Cost 500,000.00) Support of PJIAE Operations:(Cost 21,000,000.00) 3. OVERALL RATINGS Name Previous Current Progress towards achievement of PDO Satisfactory Satisfactory Overall Implementation Progress (IP) Moderately Satisfactory Satisfactory Overall Risk Rating Moderate Moderate 4. KEY ISSUES & STATUS Aug 09, 2024 Page 1 of 7 The World Bank Implementation Status & Results Report Sint Maarten Airport Terminal Reconstruction Project (P167974) 4.1 Implementation Status and Key Decisions 5. SYSTEMATIC OPERATIONS RISK-RATING TOOL Rating at Approval Last Approved Rating Risk Category Approval Package - ISR Seq. 09 - 10 Feb Proposed Rating 18 Sep 2019 2024 Political and Governance High Substantial Substantial Macroeconomic Moderate Moderate Moderate Sector Strategies and Policies Moderate Moderate Moderate Technical Design of Project or Program Substantial Moderate Moderate Institutional Capacity for Implementation and High Moderate Moderate Sustainability Fiduciary Substantial Moderate Moderate Environment and Social Moderate Moderate Moderate Stakeholders Substantial Moderate Moderate Overall High Moderate Moderate Aug 09, 2024 Page 2 of 7 The World Bank Implementation Status & Results Report Sint Maarten Airport Terminal Reconstruction Project (P167974) 6. RESULTS 6.1 PDO Indicators by PDO Outcomes Restore to pre-Irma levels the passenger capacity of Princess Juliana International Airport Baseline Actual (Previous) Actual (Current) Closing Period Indicator Name Value Month/Year Value Date Value Date Value Month/Year 1,000,000.00 Mar/2019 1,000,000.00 14-Dec-2023 1,800,000.00 30-Jun-2024 2,500,000.00 Jun/2025 Comments on The main departure hall on Level 1 was opened in November 2023 and the new check-in areas achieving targets opened in January 2024. PJIAE reports that they are on target to meet or surpass pre-Irma Passenger handling capacity passenger volumes of 1.8 million based on Q1 and Q2 of 2024. of the terminal (Number) The target is the originally designed capacity of 2.5 million to which the project aims at restoring with full opening of the terminal reconstruction project. Improve resilience of the terminal against hurricanes Baseline Actual (Previous) Actual (Current) Closing Period Indicator Name Value Month/Year Value Date Value Date Value Month/Year No Mar/2019 No 14-Dec-2023 No 31-Jul-2024 Yes Jun/2025 Resistance of terminal Comments on Resistance of terminal building to Irma-level hurricanes through strengthened jet bridges and building to Irma-level achieving targets more resilient entrance doors. This target will be achieved when the P2 contract is concluded. hurricanes (Yes/No) Page 3 of 7 The World Bank Implementation Status & Results Report Sint Maarten Airport Terminal Reconstruction Project (P167974) 6.2 Intermediate Results Indicators by Components Reconstruction of the PJIA terminal facilities Baseline Actual (Previous) Actual (Current) Closing Period Indicator Name Value Month/Year Value Date Value Date Value Month/Year 0.00 Mar/2019 59.65 14-Dec-2023 89.60 31-May-2024 100.00 Jun/2025 Completion of package 2 terminal reconstruction works Comments on Package 2 works progress according to latest report from Supervising Engineer (Percentage) achieving targets Passenger Jun/2019 Passenger 14-Dec-2023 Passenger 26-Jul-2024 Passenger Jun/2025 Boarding Boarding Boarding Boarding Bridges not Bridges with Bridges with Bridges with Replacement of Passenger installed improved improved improved Boarding Bridges with corrosion corrosion corrosion improved corrosion resistance resistance resistance resistance (Text) installed installed installed Comments on Installation of passenger boarding bridges was completed in May 2023. achieving targets Structurally Jun/2019 Structurally 14-Dec-2023 Structurally 26-Jul-2024 Structurally Jun/2025 improved improved improved improved Installation of structurally entrance doors entrance doors entrance doors entrance doors improved entrance doors not installed not installed not installed installed (Text) Comments on This target is expected to be achieved when the P2 contract is concluded. achieving targets Baggage Jun/2019 Baggage 14-Dec-2023 Baggage 26-Jul-2024 Baggage Jun/2025 Replacement of Baggage Handling Handling Handling Handling Handling System (Text) System not System not System not System Page 4 of 7 The World Bank Implementation Status & Results Report Sint Maarten Airport Terminal Reconstruction Project (P167974) replaced replaced replaced replaced Comments on This target is expected to be achieved when P2 contract is completed. achieving targets No Jun/2019 No 14-Dec-2023 No 26-Jul-2024 Yes Jun/2025 Replacement of exterior Comments on Exterior glazing panels are substantially complete but this target is expected to be fully achieved glazing panels (Yes/No) achieving targets when the P2 contract is concluded. Capacity Building of and Project Management by PJIAE Baseline Actual (Previous) Actual (Current) Closing Period Indicator Name Value Month/Year Value Date Value Date Value Month/Year No Mar/2019 Yes 14-Dec-2023 Yes 26-Jul-2024 Yes Jun/2025 PJIAE submits quarterly reports describing claims Comments on Quarterly Report no 17 was received on July 30, 2024. 7 grievances were received from April 1 – received through GRM and achieving targets June 30, 2024 all which were classified as hindrances. 1 grievance remains pending from how issues were resolved previous reporting period on which the PJIAE updates the Bank. (Yes/No) Capacity Building of and Project Management by the Government of Sint Maarten Baseline Actual (Previous) Actual (Current) Closing Period Indicator Name Value Month/Year Value Date Value Date Value Month/Year 0.00 Oct/2021 0.00 14-Dec-2023 0.00 14-Dec-2023 50.00 Jun/2025 PJIAE and Government Comments on Implementation of the training plan is currently underway. officials trained (Number) achieving targets Page 5 of 7 The World Bank Implementation Status & Results Report Sint Maarten Airport Terminal Reconstruction Project (P167974) 7. DATA ON FINANCIAL PERFORMANCE 7.1 Cumulative Disbursements 7.2 Disbursements (by loan) Loan/Credit/TF Status Original Revised Cancelled Disbursed Undisbursed % Disbursed TF-B0760 Effective 72.00 72.00 0.00 61.69 10.31 85.68% TF-B7571 Effective 20.00 20.00 0.00 19.76 0.24 98.81% 7.3 Key Dates (by loan) Loan/Credit/TF Status Approval Signing Effectiveness Orig. Closing Rev. Closing TF-B0760 Effective 18-Sept-2019 09-Dec-2019 07-Apr-2020 31-Dec-2022 30-Jun-2025 Aug 09, 2024 Page 6 of 7 The World Bank Implementation Status & Results Report Sint Maarten Airport Terminal Reconstruction Project (P167974) TF-B7571 Effective 17-Dec-2021 15-Apr-2022 15-Sept-2022 31-Dec-2023 30-Jun-2025 8. KEY DATES Key Events Planned Actual Approval 18-Sept-2019 18-Sept-2019 Effectiveness 06-Mar-2020 07-Apr-2020 Mid-Term Review No. 01 08-Feb-2023 08-Feb-2023 Operation Closing/Cancellation 30-Jun-2025 9. RESTRUCTURING HISTORY Restructuring Level 2 Approved on 08-Jun-2023 10. ASSOCIATED OPERATION(S) There are no associated operations Aug 09, 2024 Page 7 of 7