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Vanuatu Aviation Investment Project

Development Objective

The project development objective is to improve operational safety and oversight of international air transport and associated infrastructure in Vanuatu.

Key Details

Project Details

  • P154149

  • Closed

  • Dung Hoang , Pierre Graftieaux

  • Ministry of Finance & Economic Management (MFEM)

  • Vanuatu

  • April 7, 2015

  • (as of board presentation)

    May 8, 2015

  • June 3, 2015

  • US$ 64.80 million

  • Vanuatu Project Management Unit (VPMU),Ministry of Infrastructure and Public Utilities (MIPU)

  • East Asia and Pacific

  • 2015

  • US$ 59.80 million

  • B

  • July 15, 2021

  • December 31, 2019

  • TBD

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Pacific Regional Infrastructure Facility Trust Fund 0.30
IDA Credit 59.50

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 59.50
IBRD + IDA Commitment 59.50
Lending Instrument
Grant Amount 0.30
Total Project Cost** 64.80

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$)
Dec 27, 2019 IDA-56320 Loan Disb 1,399.51
Dec 23, 2019 IDA-D1610 Loan Disb 190,216.66
Dec 27, 2019 IDA-D1610 Loan Disb 448,099.06
Dec 23, 2019 IDA-D1610 Loan Disb 3,218,318.00
Dec 17, 2019 IDA-56320 Loan Disb 566,075.25
Dec 16, 2019 IDA-59440 Loan Disb 647,668.20
Apr 15, 2020 IDA-59440 Int Charges 65.15
Apr 15, 2020 IDA-59440 Int Charges 65.15
Apr 30, 2020 IDA-59440 Int Charges 34,208.15
Apr 30, 2020 IDA-59440 Int Charges 34,208.15
Apr 30, 2020 IDA-56320 Int Charges 215,446.40
Apr 30, 2020 IDA-56320 Int Charges 215,446.40
Apr 15, 2020 IDA-56320 Int Charges 573.70
Apr 15, 2020 IDA-56320 Int Charges 573.70
Oct 15, 2020 IDA-56320 Int Charges 175.40
Oct 15, 2020 IDA-56320 Int Charges 175.40
Oct 15, 2020 IDA-56320 Int Charges 223,435.08
Oct 15, 2020 IDA-56320 Int Charges 223,435.08
Oct 15, 2020 IDA-59440 Int Charges 27.84
Oct 15, 2020 IDA-59440 Int Charges 27.84
Oct 15, 2020 IDA-59440 Int Charges 36,605.89
Oct 15, 2020 IDA-59440 Int Charges 36,605.89
May 29, 2018 IDA-56320 Loan Disb 271,162.10
May 29, 2018 IDA-56320 Loan Disb 300,479.12
May 29, 2018 IDA-56320 Loan Disb 10,175,725.00
Jul 27, 2018 IDA-56320 Loan Disb 833,606.10
Sep 5, 2018 IDA-56320 Loan Disb 124,177.49
Jun 1, 2018 IDA-56320 Loan Disb 211,357.70
Jul 25, 2018 IDA-56320 Loan Disb 350,852.16
Jul 13, 2018 IDA-D1610 Loan Disb 200,000.00
Jul 13, 2018 IDA-59440 Loan Disb 300,000.00
Nov 5, 2018 IDA-56320 Loan Disb 110,017.83
Jan 16, 2019 IDA-56320 Loan Disb 153,585.30
Jan 16, 2019 IDA-56320 Loan Disb 222,891.52
Oct 22, 2018 IDA-56320 Loan Disb 101,939.61
Feb 12, 2019 IDA-56320 Loan Disb 2,169,864.80
Feb 25, 2019 IDA-56320 Loan Disb 161,459.30
Oct 15, 2018 IDA-56320 Int Charges 136,681.31
Oct 15, 2018 IDA-56320 Int Charges 136,681.31
Oct 15, 2018 IDA-56320 Int Charges 1,557.05
Oct 15, 2018 IDA-56320 Int Charges 1,557.05
Oct 25, 2018 IDA-56320 Loan Disb 2,037,521.20
Oct 15, 2018 IDA-59440 Int Charges 567.37
Oct 15, 2018 IDA-59440 Int Charges 567.37
Jan 22, 2019 IDA-56320 Loan Disb 5,544,641.00
Feb 21, 2019 IDA-59440 Loan Disb 71,735.44
Feb 21, 2019 IDA-D1610 Loan Disb 195,765.84
Feb 25, 2019 IDA-56320 Loan Disb 344,776.34
Apr 15, 2019 IDA-D1610 Loan Disb 126,737.46
Apr 22, 2019 IDA-59440 Loan Disb 2,317,589.00
Apr 22, 2019 IDA-56320 Loan Disb 5,400,000.00
Jun 28, 2019 IDA-56320 Loan Disb 127,145.31
Apr 17, 2019 IDA-56320 Loan Disb 1,134,367.60
Jun 28, 2019 IDA-59440 Loan Disb 1,408,204.20
Apr 15, 2019 IDA-59440 Int Charges 5.90
Apr 15, 2019 IDA-59440 Int Charges 5.90
May 22, 2019 IDA-59440 Loan Disb 3,915,220.20
Apr 15, 2019 IDA-56320 Int Charges 1,541.39
Apr 15, 2019 IDA-56320 Int Charges 1,541.39
Apr 15, 2019 IDA-56320 Int Charges 172,421.00
Apr 15, 2019 IDA-56320 Int Charges 172,421.00
Apr 15, 2019 IDA-59440 Int Charges 1,112.62
Apr 15, 2019 IDA-59440 Int Charges 1,112.62
Nov 7, 2019 IDA-59440 Loan Disb 921,236.94
Oct 15, 2019 IDA-59440 Int Charges 82.57
Oct 15, 2019 IDA-56320 Int Charges 1,005.73
Oct 15, 2019 IDA-56320 Int Charges 1,005.73
Oct 15, 2019 IDA-56320 Int Charges 213,855.47
Oct 15, 2019 IDA-56320 Int Charges 213,855.47
Oct 15, 2019 IDA-59440 Int Charges 82.57
Oct 15, 2019 IDA-59440 Int Charges 24,317.30
Oct 15, 2019 IDA-59440 Int Charges 24,317.30
Oct 15, 2016 IDA-56320 Int Charges 7,964.17
Oct 15, 2016 IDA-56320 Int Charges 7,964.17
Oct 15, 2016 IDA-56320 Int Charges 28.37
Oct 15, 2016 IDA-56320 Int Charges 28.37
Apr 20, 2016 IDA-56320 Loan Disb 348,688.75
Apr 29, 2016 IDA-56320 Int Charges 1,014.95
Apr 15, 2024 IDA-56320 Int Charges 3,589.57
Apr 15, 2024 IDA-59440 Int Charges 33,620.77
Apr 15, 2024 IDA-59440 Int Charges 33,620.77
Apr 15, 2024 IDA-59440 Int Charges 588.08
Apr 15, 2024 IDA-59440 Int Charges 588.08
Apr 15, 2024 IDA-56320 Int Charges 205,219.62
Apr 15, 2024 IDA-56320 Int Charges 205,219.62
Mar 7, 2024 IDA-56320 Loan Cancel 1,786,119.80
Mar 7, 2024 IDA-59440 Loan Cancel 436,225.06
Mar 7, 2024 IDA-59440 Loan Disb -436,140.03
Mar 7, 2024 IDA-56320 Loan Disb -1,786,116.20
May 8, 2015 IDA-56320 Loan Commitment 59,500,000.00
Jan 10, 2017 IDA-D1610 Loan Commitment 4,600,000.00
Jan 10, 2017 IDA-59440 Loan Commitment 9,500,000.00
Oct 15, 2022 IDA-59440 Int Charges 32,260.18
Oct 15, 2022 IDA-59440 Int Charges 32,260.18
Oct 15, 2022 IDA-56320 Int Charges 5,643.99
Oct 15, 2022 IDA-56320 Int Charges 5,643.99
Oct 15, 2022 IDA-56320 Int Charges 191,270.60
Oct 15, 2022 IDA-56320 Int Charges 191,270.60
Oct 15, 2022 IDA-56320 Int Charges 5,570.22
Oct 15, 2022 IDA-56320 Int Charges 5,570.22
Oct 15, 2022 IDA-59440 Int Charges 912.56
Apr 18, 2023 IDA-56320 Int Charges 205,179.84
Apr 18, 2023 IDA-56320 Int Charges 205,179.84
Apr 15, 2023 IDA-59440 Int Charges 1,140.58
Apr 15, 2023 IDA-59440 Int Charges 1,140.58
Apr 15, 2023 IDA-56320 Int Charges 6,962.06
Apr 15, 2023 IDA-56320 Int Charges 6,962.06
Apr 18, 2023 IDA-59440 Int Charges 33,614.26
Apr 18, 2023 IDA-59440 Int Charges 33,614.26
Oct 15, 2023 IDA-56320 Int Charges 1,845.78
Oct 15, 2023 IDA-56320 Int Charges 1,845.78
Oct 15, 2023 IDA-56320 Int Charges 207,786.06
Oct 15, 2023 IDA-56320 Int Charges 207,786.06
Oct 15, 2023 IDA-59440 Int Charges 302.40
Oct 15, 2023 IDA-59440 Int Charges 302.40
Oct 15, 2023 IDA-59440 Int Charges 34,041.23
Oct 15, 2023 IDA-59440 Int Charges 34,041.23
Apr 15, 2024 IDA-56320 Int Charges 3,589.57
Apr 15, 2021 IDA-59440 Int Charges 48.39
Apr 15, 2021 IDA-59440 Int Charges 48.39
Apr 15, 2021 IDA-56320 Int Charges 295.42
Apr 15, 2021 IDA-56320 Int Charges 295.42
Apr 15, 2021 IDA-56320 Int Charges 226,611.69
Apr 15, 2021 IDA-56320 Int Charges 226,611.69
Apr 15, 2021 IDA-59440 Int Charges 37,125.40
Apr 15, 2021 IDA-59440 Int Charges 37,125.40
Oct 15, 2021 IDA-56320 Int Charges 222,029.67
Oct 15, 2021 IDA-56320 Int Charges 222,029.67
Oct 15, 2021 IDA-56320 Int Charges 1,929.80
Oct 15, 2021 IDA-56320 Int Charges 1,929.80
Oct 15, 2021 IDA-59440 Int Charges 316.15
Oct 15, 2021 IDA-59440 Int Charges 316.15
Oct 15, 2021 IDA-59440 Int Charges 36,374.74
Oct 15, 2021 IDA-59440 Int Charges 36,374.74
Apr 15, 2022 IDA-56320 Int Charges 1,343.55
Apr 15, 2022 IDA-56320 Int Charges 1,343.55
Apr 15, 2022 IDA-56320 Int Charges 73.77
Apr 15, 2022 IDA-56320 Int Charges 73.77
Apr 20, 2022 IDA-56320 Int Charges 215,220.70
Apr 20, 2022 IDA-56320 Int Charges 215,220.70
Apr 20, 2022 IDA-59440 Int Charges 35,271.32
Apr 20, 2022 IDA-59440 Int Charges 35,271.32
Apr 15, 2022 IDA-59440 Int Charges 220.11
Apr 15, 2022 IDA-59440 Int Charges 220.11
Oct 15, 2022 IDA-59440 Int Charges 912.56
Jul 18, 2019 IDA-56320 Loan Disb 234,038.69
Dec 10, 2019 IDA-D1610 Loan Disb 212,324.40
Dec 30, 2019 IDA-59440 Loan Disb 1,899.99
May 2, 2018 IDA-56320 Int Charges 89,382.50
May 2, 2018 IDA-56320 Int Charges 89,382.50
May 2, 2018 IDA-56320 Int Charges 377.62
May 2, 2018 IDA-56320 Int Charges 377.62
Jun 30, 2016 IDA-56320 Loan Disb 240,000.00
Apr 29, 2016 IDA-56320 Int Charges 1,014.95
Apr 29, 2016 IDA-56320 Int Charges 2,547.81
Apr 29, 2016 IDA-56320 Int Charges 2,547.81
Apr 19, 2016 IDA-56320 Loan Disb 285,194.00
Jul 9, 2015 IDA-56320 Loan Disb 500,375.00
Dec 18, 2015 IDA-56320 Loan Disb 269,891.80
Jun 16, 2016 IDA-56320 Loan Disb 357,542.90
Oct 27, 2016 IDA-56320 Loan Disb 104,200.77
Dec 16, 2016 IDA-56320 Loan Disb 106,050.95
Oct 25, 2016 IDA-56320 Loan Disb 185,434.45
Jun 2, 2016 IDA-56320 Loan Disb 534,791.30
Dec 1, 2016 IDA-56320 Loan Disb 878,225.90
Oct 19, 2016 IDA-56320 Loan Disb 121,945.75
Oct 19, 2016 IDA-56320 Loan Disb 293,962.44
May 3, 2017 IDA-56320 Loan Disb 97,731.08
Jun 27, 2017 IDA-56320 Loan Disb 115,711.70
Apr 20, 2017 IDA-56320 Int Charges 14,265.90
Apr 20, 2017 IDA-56320 Int Charges 14,265.90
Mar 9, 2017 IDA-56320 Loan Disb 224,005.52
Jul 10, 2017 IDA-56320 Loan Disb 9,532,000.00
Mar 2, 2017 IDA-56320 Loan Disb 190,435.40
Apr 15, 2017 IDA-56320 Int Charges 98.14
Apr 15, 2017 IDA-56320 Int Charges 98.14
May 31, 2017 IDA-56320 Loan Disb 356,256.84
Jun 6, 2017 IDA-56320 Loan Disb 130,899.18
Oct 17, 2017 IDA-56320 Int Charges 631.83
Oct 17, 2017 IDA-56320 Int Charges 631.83
Oct 17, 2017 IDA-56320 Int Charges 43,759.91
Oct 17, 2017 IDA-56320 Int Charges 43,759.91
Mar 9, 2017 IDA-56320 Loan Disb 136,514.40
Jul 17, 2017 IDA-56320 Loan Disb 2,278,000.00
Oct 23, 2017 IDA-56320 Loan Disb 319,111.84
Oct 30, 2017 IDA-56320 Loan Disb 156,878.50
Aug 2, 2017 IDA-56320 Loan Disb 115,711.70
Sep 8, 2017 IDA-56320 Loan Disb 352,745.78
Feb 5, 2018 IDA-56320 Loan Disb 175,392.80
Jan 16, 2018 IDA-56320 Loan Disb 3,355,065.00
Jan 16, 2018 IDA-56320 Loan Disb 6,713,050.50
Mar 27, 2018 IDA-56320 Loan Disb 227,658.77

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Moderately Satisfactory 2019-12-26
Procurement Moderately Satisfactory 2019-12-26
Monitoring and Evaluation Moderately Satisfactory 2019-12-26
Project Management Moderately Satisfactory 2019-12-26
Financial Management Moderately Unsatisfactory 2019-12-26
Overall Implementation Progress (IP) Moderately Satisfactory 2019-12-26

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 06-24-2020
OutcomesSubstantial
Risk to Development Outcome
Bank PerformanceSubstantial
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 09-30-2020PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingSatisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceSatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceNot RatedN/a
Implementing AgencyN/a
Icr QualitySubstantialN/a
M&e QualityModestN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Regulatory certification of safety and security at Bauerfield (VLI) maintainedValueVLI certifiedRe-validation of certification of VLI in accordanc
    DateMarch 5, 2015June 30, 2019
    Comment
  • State requirements for safety measured by Universal Safety Oversight Audit Programme (USOAP) reaches global ICAO averageValue47.5147.510.00
    DateMarch 5, 2015December 31, 2019
    Comment
  • Modernization of air traffic management achievedValueNo VSAT or ADS-BADS-B partially operational/VSAT under installatio
    DateMarch 5, 2015December 31, 2019
    Comment
  • Regional safety and security levy for departing international passengers implementedValueNo levyAU$5 collected
    DateMarch 5, 2015February 1, 2018
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Repairs to Bauerfieled, Whitegrass and Pekoa Airport pavements in line with implementation scheduleValue0.00100.00100.00
    DateMarch 5, 2015December 31, 2019
    Comment
  • Aviation Sector Strategy in line with implementation scheduleValue0.00100.000.00
    DateMarch 5, 2015June 30, 2018
    Comment
  • Airport Master Plan in line with implementation scheduleValue0.00100.0050.00
    DateMarch 5, 2015December 31, 2018
    Comment
  • Emergency Repairs to Bauerfieled and Whitegrass completedValueNo spot rehabilitations at Bauerfield/ Damages froThree sets of emergency repairs at Bauerfield are
    DateMarch 5, 2015April 15, 2019
    Comment
  • Grievance registered related to delivery of project benefits by gender that are actually addressedValue0.00100.000.00
    DateMarch 5, 2015December 31, 2019
    Comment
  • Navigation and safety aids in line with implementation scheduleValue0.000.0050.00
    DateDecember 13, 2011December 31, 2019
    Comment
  • Successful implementation of agreed training planValueNo Training PlanTraining Plan developed but not implemented
    DateMarch 5, 2015February 28, 2018
    Comment
  • Project-supported organization(s) publishing periodic reports on GRM and how issues were resolvedValueNoYesYes
    DateMarch 5, 2015September 1, 2017
    Comment
  • Fire Standards at VLI AchievedValueCategory 6Category 8Category 8
    DateMarch 5, 2015September 30, 2018June 30, 2018
    Comment
  • Grievances responded and/or resolved within the stipulated services standards for response timesValue0100
    DateMarch 5, 2015December 31, 2019
    Comment