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Pacific Regional Connectivity Program 2:FSM Connectivity Project

Abstract*

The Government of the Federated States of Micronesia (FSM) and the Republic of Palau (Palau) are partnering with the World Bank under the Palau-FSM Connectivity Project (P130592) and the Technical Assistance (TA) Project (P132686). The two governments have requested the Bank's support in reforming and investing in improved access to Information and Communications Technology (ICT). The Palau-FSM Connectivity Project, funded by the International Development...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The development objective of the Project is to reduce the cost and increase the availability of ICT services needed to supportsocial and economic development in the Recipient's territory.

Key Details

Project Details

  • P130592

  • Active

  • James Neumann

  • Federated States of Micronesia

  • US$ 72.50 million

  • Federated States of Micronesia Telecommunications Cable Corporation,Department of Transport, Communication and Infrastructure,Telecommunication Regulation Authority

  • East Asia and Pacific

  • 2015

  • US$ 88.70 million

  • B

  • June 24, 2024

  • November 30, 2026

  • Yes

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Grant 63.70
Asian Development Bank 25.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 63.70
IBRD + IDA Commitment 63.70
Lending Instrument
Grant Amount 25.00
Total Project Cost** 72.50

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of March 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Sep 28, 2017 IDA-D0040 Loan Disb 108,636.73
May 31, 2017 IDA-D1880 Loan Commitment 16,200,000.00
Jul 5, 2018 IDA-D0040 Loan Disb 4,561,165.00
Jun 26, 2018 IDA-D0040 Loan Disb 1,556,800.00
Jun 18, 2018 IDA-D0040 Loan Disb 11,000,000.00
Sep 18, 2018 IDA-D0040 Loan Disb 1,585,461.00
Oct 4, 2018 IDA-D0040 Loan Disb 1,688,586.50
Oct 4, 2018 IDA-D0040 Loan Disb 652,400.00
Apr 20, 2016 IDA-D0040 Loan Disb 2,357,400.00
Jan 31, 2017 IDA-D0040 Loan Disb 102,706.55
Jun 22, 2016 IDA-D0040 Loan Disb 75,748.96
Apr 11, 2017 IDA-D0040 Loan Disb 2,919,000.00
Oct 13, 2017 IDA-D0040 Loan Disb 377,635.38
Nov 28, 2017 IDA-D0040 Loan Disb 59,784.21
Dec 3, 2015 IDA-D0040 Loan Disb 32,598.31
Apr 19, 2016 IDA-D0040 Loan Disb 50,000.01
Apr 22, 2016 IDA-D0040 Loan Disb 2,842,600.00
Jul 8, 2015 IDA-D0040 Loan Disb 1,000,000.00
Sep 23, 2022 IDA-D1880 Loan Disb 853,514.10
Sep 3, 2024 IDA-D0040 Loan Disb 154,708.20
Aug 30, 2024 IDA-D1880 Loan Disb 154,708.20
Jun 16, 2023 IDA-D0040 Loan Disb 79,510.89
Aug 7, 2023 IDA-D1880 Loan Disb 196,925.62
May 28, 2024 IDA-D0040 Loan Disb 255,433.17
Feb 26, 2024 IDA-D0040 Loan Disb 74,096.94
Feb 23, 2024 IDA-D1880 Loan Disb 96,815.14
Jun 17, 2019 IDA-D0040 Loan Disb 3,875,146.00
Jun 12, 2019 IDA-D0040 Loan Disb 251,839.31
Mar 22, 2019 IDA-D0040 Loan Disb 243,797.80
Jul 11, 2019 IDA-D0040 Loan Disb 2,061,869.10
Aug 26, 2019 IDA-D0040 Loan Disb 986,652.50
Apr 3, 2020 IDA-D0040 Loan Disb 377,773.50
May 18, 2020 IDA-D0040 Loan Disb 245,305.77
Apr 28, 2020 IDA-D0040 Loan Disb 260,056.38
Feb 8, 2021 IDA-D0040 Loan Disb 234,898.58
Aug 6, 2020 IDA-D0040 Loan Disb 647,523.06
May 7, 2021 IDA-D0040 Loan Disb 182,091.00
Nov 30, 2020 IDA-D0040 Loan Disb 331,418.80
May 3, 2022 IDA-D1880 Loan Disb 280,997.03
Dec 3, 2021 IDA-D1880 Loan Disb 1,500,000.00
Sep 7, 2021 IDA-D0040 Loan Disb 97,272.00
Jun 28, 2022 IDA-D0040 Loan Disb 863,661.10
Apr 11, 2022 IDA-D0040 Loan Disb 230,297.10
Apr 11, 2022 IDA-D0040 Loan Disb 615,700.00
Dec 6, 2021 IDA-D1880 Loan Disb 335,927.88
Jun 21, 2023 IDA-D0040 Loan Disb 32,013.09
Apr 3, 2018 IDA-D0040 Loan Disb 39,412.43
Dec 17, 2014 IDA-D0040 Loan Commitment 47,500,000.00
Jul 5, 2018 IDA-D0040 Loan Disb 1,165,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Satisfactory 2024-12-24
Financial Management Moderately Satisfactory 2024-12-24
Monitoring and Evaluation Satisfactory 2024-12-24
Overall Implementation Progress (IP) Moderately Satisfactory 2024-12-24
Project Management Moderately Satisfactory 2024-12-24
Overall Safeguards Rating Satisfactory 2024-12-24
Procurement Moderately Satisfactory 2024-12-24

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Internet bandwidth available (Mbps)Value38.00310150.00400000.00
    DateSeptember 25, 2014December 31, 2023November 30, 2026
    Comment
  • Impact on Telecom sector of World Bank Technical Assistance (composite score: 1- low impact to 5-high impact)Value2.005.005.00
    DateSeptember 25, 2014December 31, 2023November 30, 2022
    Comment
  • Retail Price of Internet Services (per Mbit/s per Month, in US$)Value65.004.9020.00
    DateSeptember 30, 2014November 30, 2026November 30, 2026
    Comment
  • Access to Internet Services (number of subscribers per 100 people)Value2.0027.0050.00
    DateSeptember 25, 2014December 31, 2023November 30, 2026
    Comment
  • Wholesale International Internet bandwidth priceValue1800.0023.4620.00
    DateSeptember 25, 2014December 31, 2023November 30, 2026
    Comment
  • Direct project beneficiariesValue0.0033787.0057500.00
    DateSeptember 25, 2014December 31, 2023November 30, 2026
    Comment
  • Annual total data network traffic (Gbps)Value0.004.000.00
    Date
    Comment
  • Retail Price of Entry Level Fixed Broadband - YapValue69.0049.000.00
    Date
    Comment
  • Number of mobile broadband connectionsValue0.003591.000.00
    Date
    Comment
  • Female beneficiariesValue50.0050.0050.00
    DateSeptember 25, 2014May 30, 2018January 31, 2020
    Comment
  • Access to telephone services (mobile phones per 100 people)Value30.0025.0050.00
    DateSeptember 25, 2014December 31, 2023November 30, 2026
    Comment
  • Retail Price of Entry Level Fixed Broadband - ChuukValue69.0049.000.00
    Date
    Comment
  • Number of fixed broadband connectionsValue0.007391.000.00
    Date
    Comment
  • Retail Price of Entry Level Fixed Broadband - PohnpeiValue69.0049.000.00
    Date
    Comment
  • Retail Price of Entry Level Fixed Broadband - Kosrae (to be verified)Value0.000.000.00
    Date
    Comment
  • Speed of entry level fixed broadband package (Mbps/mth) - YapValue25.0010.000.00
    Date
    Comment
  • Speed of entry level fixed broadband package (Mbps/mth) - ChuukValue25.0010.000.00
    Date
    Comment
  • Speed of entry level fixed broadband package (Mbps/mth) - PohnpeiValue25.0010.000.00
    Date
    Comment
  • Speed of entry level fixed broadband package (Mbps/mth) - Kosrae (to be verified)Value25.000.000.00
    Date
    Comment
  • Retail price entry level mobile broadbandValue705.0030.000.00
    Date
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Length of fiber optic cable access (km)Value0.001950.001950.00
    DateSeptember 25, 2014December 31, 2023November 30, 2022
    Comment
  • Regulatory capacity strengthenedValueNoYesYes
    DateSeptember 25, 2014December 31, 2023November 30, 2022
    Comment
  • EMC establishmentValueNoYesYes
    DateMarch 20, 2017December 31, 2023August 30, 2019
    Comment
  • Essential Facility/bottleneck regime adoptedValueNoYes
    Date
    Comment
  • Reporting framework for licensees adopted and implementedValueNoYes
    Date
    Comment
  • Interconnection regime establishedValueNoYes
    Date
    Comment