| Financier | Commitments |
|---|---|
| IDA Grant | 33.12 |
Marshall Islands Maritime Investment Project
Abstract*
The development objective of Maritime Investment Project for Marshall Islands is to improve the safety, efficiency and climate resilience of maritime infrastructure and operations in the recipient's territory, and in the event of an eligible crisis or emergency, to provide an immediate response to the eligible crisis or emergency. This project has four components. 1) The first component, Maritime Infrastructure, aims to improve the safety and efficiency... Show More
Development Objective
To improve the safety, efficiency and climate resilience of maritime infrastructure and operations in the Recipient's territory, and in the event of an Eligible Crisis or Emergency, to provide an immediate response to the Eligible Crisis or Emergency.
Key Details
Project Details
P161382
Closed
Keelye Hanmer , Toufiq Ahmed
Republic of the Marshall Islands
February 15, 2018
(as of board presentation)
May 9, 2019
July 17, 2019
US$ 33.12 million
Republic of Marshall Islands Port Authority
2019
US$ 33.12 million
B
April 2, 2024
August 1, 2024
Yes
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 33.12 |
| IBRD + IDA Commitment | 33.12 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 33.12 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Apr 14, 2022 | IDA-D4520 | Loan Disb | 417,699.34 |
| Dec 20, 2022 | IDA-D4520 | Loan Disb | 299,534.94 |
| Nov 9, 2021 | IDA-D4520 | Loan Disb | 485,506.25 |
| Jul 1, 2020 | IDA-D4520 | Loan Disb | 227,954.78 |
| Mar 16, 2021 | IDA-D4520 | Loan Disb | 498,201.50 |
| Jun 16, 2020 | IDA-D4520 | Loan Disb | 363,467.00 |
| Aug 19, 2019 | IDA-D4520 | Loan Disb | 452,259.40 |
| Sep 19, 2019 | IDA-D4520 | Loan Disb | 500,000.00 |
| Jul 25, 2024 | IDA-D4520 | Loan Cancel | 3,191,764.50 |
| May 9, 2019 | IDA-D4520 | Loan Commitment | 33,120,000.00 |
| Jul 8, 2024 | IDA-D4520 | Loan Disb | 435,756.47 |
| Jan 31, 2024 | IDA-D4520 | Loan Disb | 497,147.60 |
| Jan 31, 2024 | IDA-D4520 | Loan Disb | 257,034.69 |
| Oct 18, 2023 | IDA-D4520 | Loan Disb | 440,128.50 |
| Oct 18, 2023 | IDA-D4520 | Loan Disb | 405,902.34 |
| Oct 18, 2023 | IDA-D4520 | Loan Disb | 499,032.84 |
| Oct 18, 2023 | IDA-D4520 | Loan Disb | 458,358.22 |
| Oct 16, 2023 | IDA-D4520 | Loan Disb | 280,226.38 |
| Sep 28, 2023 | IDA-D4520 | Loan Disb | 251,813.12 |
| Jul 26, 2024 | IDA-D4520 | Loan Disb | 371,702.62 |
| Feb 29, 2024 | IDA-D4520 | Loan Cancel | 16,063,476.00 |
| Mar 18, 2024 | IDA-D4520 | Loan Disb | 428,444.20 |
| Jul 29, 2024 | IDA-D4520 | Loan Disb | 489,388.30 |
| May 8, 2024 | IDA-D4520 | Loan Disb | 374,679.53 |
| Sep 20, 2023 | IDA-D4520 | Loan Disb | 379,812.00 |
| Dec 20, 2022 | IDA-D4520 | Loan Disb | 483,847.12 |
| Dec 20, 2022 | IDA-D4520 | Loan Disb | 495,200.53 |
| May 10, 2022 | IDA-D4520 | Loan Disb | 1,249,441.40 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Project Management | Unsatisfactory | 2024-06-27 |
| Procurement | Unsatisfactory | 2024-06-27 |
| Financial Management | Unsatisfactory | 2024-06-27 |
| Overall Safeguards Rating | Satisfactory | 2024-06-27 |
| Progress towards achievement of PDO | Unsatisfactory | 2024-06-27 |
| Monitoring and Evaluation | Unsatisfactory | 2024-06-27 |
| Overall Implementation Progress (IP) | Unsatisfactory | 2024-06-27 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Reduction in cargo vessel turnaround times at Delap Dock Value 1660.00 1660.00 1630.00 Date February 25, 2019 January 23, 2024 August 1, 2024 Comment Docks rehabilitated with at least one climate resilience measure Value 0.00 0.00 3.00 Date February 25, 2019 January 23, 2024 August 1, 2024 Comment Project docks fully compliant with ISPS requirements Value 0.00 0.00 3.00 Date February 25, 2019 January 23, 2024 August 1, 2024 Comment Increase in container yard productivity at Delap Dock Value 0.00 0.00 10.00 Date February 25, 2019 January 23, 2024 August 1, 2024 Comment Docks with sectoral and contingency planning tools that address natural disasters and climate change Value 0.00 3.00 3.00 Date February 25, 2019 January 23, 2024 August 1, 2024 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Grievances registered related to delivery of project benefits that are addressed Value 0.00 0.00 100.00 Date February 25, 2019 January 23, 2024 August 1, 2024 Comment Project docks with safety solutions implemented Value 0.00 0.00 4.00 Date February 25, 2019 January 23, 2024 August 1, 2024 Comment Area of cargo yard paved at Delap Dock Value 0.00 0.00 30000.00 Date February 25, 2019 January 23, 2024 August 1, 2024 Comment Adoption of a CERC manual given the risk of natural disaster Value No Yes Yes Date February 25, 2019 January 23, 2024 August 1, 2024 Comment People with enhanced access to transportation services Value 0.00 0.00 42000.00 Date August 1, 2023 January 23, 2024 August 1, 2024 Comment ISPS recommendations implemented against identified shortcomings Value 0.00 0.00 100.00 Date February 25, 2019 January 23, 2024 August 1, 2024 Comment Measures implemented to improve drainage at Delap dock Value No No Yes Date February 25, 2019 January 23, 2024 August 1, 2024 Comment Repairs to the existing berth and facilities at Project docks Value 0.00 0.00 4.00 Date February 25, 2019 January 23, 2024 August 1, 2024 Comment RMIPA implementation of SOP on trafficking referral service Value No No Yes Date February 25, 2019 January 23, 2024 August 1, 2024 Comment Energy efficiency recommendations implemented Value 0.00 0.00 2.00 Date February 25, 2019 January 23, 2024 August 1, 2024 Comment Percentage of contractor staff trained on GBV & Codes of Conduct Value 0.00 66.00 100.00 Date February 25, 2019 January 23, 2024 August 1, 2024 Comment