1. What We Do

Enhancing Infrastructure Efficiency and Sustainability

Abstract*

The development objective of Enhancing Infrastructure Efficiency and Sustainability Program Project for Serbia is to improve the management and sustainability of select public infrastructure by strengthening government capacity and systems, upgrading assets, and increasing expenditure efficiency. Infrastructure is one of the six areas identified in the Country Partnership Framework (CPF) for FY 2016 - 2020. Better regional connectivity through infrastructure...

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

Show More

Development Objective

The Program Development Objective is to improve the management and sustainability of select public infrastructure by strengthening government capacity and systems, upgrading assets, and increasing expenditure efficiency.

Key Details

Project Details

  • P163760

  • Closed

  • Murad Gurmeric , Katharina Gassner

  • Republic of Serbia

  • Serbia

  • September 26, 2017

  • (as of board presentation)

    November 2, 2017

  • January 12, 2018

  • US$ 763.96 million

  • Ministry of Public Infrastructure,Public Investment Management Office,Public Enterprise "Roads of Serbia"

  • Europe and Central Asia

  • 2018

  • US$ 118.60 million

  • N/A

  • Not Applicable

  • December 31, 2023

  • BANK APPROVED

  • November 1, 2023

  • Notes

Sectors

Created with Highstock 5.0.14FY17 - Public Administration -Energy and ExtractivesFY17 - Public Administration - Energy and ExtractivesFY17 - Other Energy andExtractivesFY17 - Other Energy and ExtractivesFY17 - Rural and Inter-UrbanRoadsFY17 - Rural and Inter-Urban Roads

Themes

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Local Sources of Borrowing Country 515.95
International Bank for Reconstruction and Development 118.60
Borrower/Recipient 129.40

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 118.60
IDA Commitment N/A
IBRD + IDA Commitment 118.60
Lending Instrument
Grant Amount N/A
Total Project Cost** 763.96

Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025

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

Detailed Financial Activity as of April 30, 2025

Download:
No data available.
Period Financier Transaction Type Amount (US$)
May 7, 2018 IBRD-87920 Loan Disb 29,792,500.00
Jun 1, 2018 IBRD-87920 Int Charges 557.89
Jun 1, 2018 IBRD-87920 Int Charges 115,821.68
Dec 1, 2018 IBRD-87920 Int Charges 106,543.57
Dec 1, 2018 IBRD-87920 Int Charges 72,978.97
Dec 1, 2018 IBRD-87920 Int Charges 4,867.92
Dec 1, 2018 IBRD-87920 Int Charges 4,805.74
Jun 14, 2019 IBRD-87920 Loan Disb 3,379,200.00
Jun 1, 2019 IBRD-87920 Int Charges 103,860.13
Jul 3, 2024 IBRD-87920 Loan Disb 12,559,064.00
Nov 2, 2017 IBRD-87920 Loan Commitment 118,600,000.00
Jun 1, 2019 IBRD-87920 Int Charges 76,832.16
Jul 3, 2024 IBRD-87920 Loan Disb 2,151,800.00
Jun 1, 2024 IBRD-87920 Int Charges 45,690.30
Jun 1, 2024 IBRD-87920 Int Charges 1,578,034.80
Jun 1, 2024 IBRD-87920 Loan Repay 2,402,392.50
Jun 1, 2023 IBRD-87920 Int Charges 1,120,679.80
Jun 1, 2023 IBRD-87920 Int Charges 1,100.23
Jun 1, 2023 IBRD-87920 Loan Repay 2,371,172.20
Dec 1, 2023 IBRD-87920 Int Charges 45,992.61
Dec 1, 2023 IBRD-87920 Int Charges 1,550,663.90
Dec 1, 2023 IBRD-87920 Loan Repay 2,412,799.00
Jun 1, 2023 IBRD-87920 Int Charges 1,978.61
Jun 1, 2023 IBRD-87920 Int Charges 44,952.12
Dec 1, 2022 IBRD-87920 Int Charges 49,522.18
Dec 1, 2022 IBRD-87920 Int Charges 224,514.98
Dec 1, 2022 IBRD-87920 Loan Repay 2,131,532.20
Nov 1, 2022 IBRD-87920 Loan Disb 4,968,500.00
Jun 1, 2022 IBRD-87920 Int Charges 51,667.90
Jun 1, 2022 IBRD-87920 Int Charges 96,363.29
Dec 1, 2021 IBRD-87920 Int Charges 54,879.60
Dec 1, 2021 IBRD-87920 Int Charges 112,941.54
Feb 22, 2021 IBRD-87920 Loan Disb 6,069,000.00
Mar 22, 2021 IBRD-87920 Loan Disb 3,664,769.20
Jun 1, 2021 IBRD-87920 Int Charges 65,226.28
Jun 1, 2021 IBRD-87920 Int Charges 102,450.44
Dec 1, 2020 IBRD-87920 Int Charges 2,452.86
Dec 1, 2020 IBRD-87920 Int Charges 1,936.16
Dec 1, 2020 IBRD-87920 Int Charges 89,736.17
Dec 1, 2020 IBRD-87920 Int Charges 158,306.16
Dec 1, 2019 IBRD-87920 Int Charges 99,184.29
Dec 1, 2019 IBRD-87920 Int Charges 86,193.74
Apr 2, 2020 IBRD-87920 Loan Disb 5,460,000.00
Jun 1, 2020 IBRD-87920 Int Charges 97,377.34
Jun 1, 2020 IBRD-87920 Int Charges 70,174.18
Sep 30, 2020 IBRD-87920 Loan Disb 23,420,000.00
Jan 12, 2018 IBRD-87920 Loan Disb 303,112.50
Jan 12, 2018 IBRD-87920 Fee Charges 303,112.50
Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Overall Implementation Progress (IP) Moderately Unsatisfactory 2023-09-25
Progress towards achievement of PDO Moderately Unsatisfactory 2023-09-25
Monitoring and Evaluation Satisfactory 2023-09-25

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 02-05-2025PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Unsatisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceModerately UnsatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceN/a
Implementing AgencyN/a
Icr QualitySubstantialN/a
M&e QualityModestN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Enhanced motorist satisfaction through better pavement condition by IRI<2.5Value0.002000.002000.00
    DateNovember 30, 2017September 19, 2023December 29, 2023
    Comment
  • Implementation of an SLA between MCTI and PERS defining agreed maintenance and financingValueNoNoYes
    DateNovember 30, 2017September 19, 2023October 16, 2023
    Comment
  • Projected lifetime energy savings (in renovated public buildings)Value0.00798578.001100000.00
    DateNovember 30, 2017December 30, 2022December 29, 2023
    Comment
  • Renovated buildings that meet Class C (or 2 classes higher) energy performance certificateValue39.00161.00234.00
    DateNovember 30, 2017December 30, 2022December 31, 2020
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Stakeholder satisfaction with program and reporting of positive socioeconomic benefitsValue0.0086.2298.00
    DateNovember 30, 2017January 26, 2023February 1, 2021
    Comment
  • Road safety inspection carried out and safety measure implementedValue0.000.005000.00
    DateNovember 30, 2017September 19, 2023December 29, 2023
    Comment
  • Reduction of associated CO2 emissions from energy saved in renovated buildingsValue0.0014149.6319000.00
    DateNovember 30, 2017January 26, 2023December 31, 2023
    Comment
  • Length of national roads maintainedValue0.003000.008000.00
    DateMay 15, 2018September 19, 2023December 29, 2023
    Comment
  • Estimated direct project beneficiariesValue0.003157748.001381000.00
    DateNovember 30, 2017January 26, 2023December 31, 2020
    Comment
  • Completion of road asset surveyValue3755.0015274.0014894.00
    DateNovember 30, 2017May 5, 2021December 31, 2018
    Comment
  • Completed and approved bidding documents, including technical designsValue60.00286.00234.00
    DateNovember 30, 2017January 26, 2023December 31, 2020
    Comment
  • Completion of PERS’ 3-year businessValueNoYesYes
    DateNovember 30, 2017March 5, 2018December 31, 2019
    Comment
  • Government adoption of a medium-term national plan for the renovation of public buildingsValueNo national planLong term strategy for building renovation adoptedMedium-term national plan adopted
    DateNovember 30, 2017January 26, 2023February 28, 2022
    Comment
  • Completion of PERS' asset management planValueNoNoYes
    DateNovember 30, 2017September 19, 2023December 15, 2023
    Comment