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Federated States of Micronesia Maritime Investment Project

Abstract*

The development objective of Maritime Investment Project for Micronesia 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 consists of four components. 1) The first component, Maritime Infrastructure, aims 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

Project ID
P163922
Status
Closed
Team Leader
Anita Shrestha , Toufiq Ahmed, Sean David Michaels
Borrower 2
Micronesia, Federated States of

Country
Micronesia, Federated States of
Disclosure Date
February 12, 2018
Approval Date
(as of board presentation)
May 9, 2019
Effective Date
August 14, 2019

Total Project Cost 1
US$ 38.49 million
Implementing Agency
Department of Justice,Department of Environment, Climate Change and Emergency Management,Department of Transportation, Communication & Infrastructure
Region
East Asia and Pacific
Fiscal Year 3
2019

Commitment Amount
US$ 38.49 million
Environmental Category
B
Environmental and Social Risk
Not Applicable
Closing Date
August 1, 2024

Consultant Services required
Yes
Last Stage Reached
Bank Approved
Last Update Date
April 29, 2024

Associated Projects
P174075

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Environment and Natural Resource Management

FY17 - Climate change48%
- FY17 - Adaptation48%
FY17 - Renewable Natural Resources Asset Management100%
- FY17 - Coastal Zone Management100%

FY17 - Human Development and Gender

FY17 - Disease Control0%
- FY17 - Pandemic Response1%
FY17 - Gender47%

FY17 - Private Sector Development

FY17 - Jobs47%
- FY17 - Job Creation47%
FY17 - Regional Integration100%

FY17 - Urban and Rural Development

FY17 - Disaster Risk Management100%
- FY17 - Disaster Preparedness47%
- FY17 - Flood and Drought Risk Management100%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Grant	38.49

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	38.49
IBRD + IDA Commitment	38.49

Lending Instrument
Grant Amount	N/A
Total Project Cost**	38.49

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

No data available.

Detailed Financial Activity as of October 31, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Apr 30, 2020	IDA-D4500	Loan Disb	701,993.90
Dec 9, 2019	IDA-D4500	Loan Disb	3,000,000.00
Aug 25, 2020	IDA-D4500	Loan Disb	157,964.61
Jul 23, 2024	IDA-D4500	Loan Cancel	1,504,436.60
Jul 23, 2024	IDA-D6450	Loan Cancel	2,518,469.00
Apr 25, 2024	IDA-D4500	Loan Disb	349,714.16
Feb 28, 2024	IDA-D4500	Loan Cancel	24,999,920.00
Jun 5, 2020	IDA-D6450	Loan Commitment	2,500,000.00
May 9, 2019	IDA-D4500	Loan Commitment	38,490,000.00
Dec 4, 2023	IDA-D4500	Loan Disb	338,510.28
Sep 8, 2023	IDA-D4500	Loan Disb	366,793.62
Jun 12, 2023	IDA-D4500	Loan Disb	214,666.48
Feb 27, 2023	IDA-D4500	Loan Disb	232,668.56
Aug 12, 2022	IDA-D4500	Loan Disb	117,855.89
Feb 7, 2022	IDA-D4500	Loan Disb	379,081.56
Oct 26, 2022	IDA-D4500	Loan Disb	186,172.78
May 23, 2022	IDA-D4500	Loan Disb	421,760.10
Jun 4, 2021	IDA-D4500	Loan Disb	163,181.95
Oct 18, 2021	IDA-D4500	Loan Disb	221,647.78
Oct 18, 2021	IDA-D4500	Loan Disb	269,855.38
Jun 4, 2021	IDA-D4500	Loan Disb	187,304.60
Jul 30, 2020	IDA-D4500	Loan Disb	178,128.62
Jun 25, 2020	IDA-D4500	Loan Disb	2,500,000.00
Apr 28, 2020	IDA-D4500	Loan Disb	74,834.07
May 5, 2020	IDA-D4500	Loan Disb	150,266.75
Nov 25, 2020	IDA-D4500	Loan Disb	237,845.72

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Monitoring and Evaluation	Unsatisfactory	2024-04-18
Financial Management	Moderately Unsatisfactory	2024-04-18
Progress towards achievement of PDO	Unsatisfactory	2024-04-18
Project Management	Unsatisfactory	2024-04-18
Procurement	Unsatisfactory	2024-04-18
Overall Implementation Progress (IP)	Unsatisfactory	2024-04-18

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 02-01-2025
Outcomes
Risk to Development Outcome
Bank Performance
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 07-07-2025	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Highly Unsatisfactory	N/a
Risk To Development Outcome		N/a
Bank Performance	Moderately Unsatisfactory	N/a
Borrower Performance		N/a
Government Performance		N/a
Implementing Agency		N/a
Icr Quality	Substantial	N/a
M&e Quality	Modest	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Reduction in cargo vessel turnaround times at project port(s) Value 1620.00 1620.00 1600.00
Date February 25, 2019 March 6, 2024 August 1, 2023
Comment
Project ports rehabilitated with at least one climate resilience measure Value 0.00 0.00 2.00
Date February 25, 2019 March 6, 2024 August 1, 2023
Comment
Ports with sectoral and contingency planning tools that address natural disasters and climate change Value 0.00 0.00 4.00
Date February 25, 2024 March 6, 2024 August 1, 2023
Comment
Project ports fully compliant with ISPS requirements Value 0.00 0.00 4.00
Date February 25, 2019 March 6, 2024 August 1, 2023
Comment
Increase in container yard productivity at project port(s) Value 0.00 0.00 10.00
Date February 25, 2019 March 6, 2024 August 1, 2023
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 March 6, 2024 August 1, 2023
Comment
Area of cargo yard hardened at Pohnpei and Chuuk Ports Value 0.00 0.00 11379.00
Date February 25, 2019 March 6, 2024 August 1, 2023
Comment
ISPS recommendations implemented against identified shortcomings Value 0.00 0.00 50.00
Date February 25, 2019 March 6, 2024 August 1, 2023
Comment
Adoption of a CERC manual given the risk of natural disaster Value No Yes Yes
Date February 25, 2019 March 6, 2024 August 1, 2023
Comment
Number of project ports with drainage measures implemented Value 0.00 0.00 2.00
Date February 25, 2019 March 6, 2024 August 1, 2023
Comment
Project ports with safety solutions implemented Value 0.00 0.00 3.00
Date February 25, 2019 March 6, 2024 August 1, 2023
Comment
CERC-related procurement packages completed on time as per the procurement plan Value 0.00 100.00 100.00
Date February 25, 2019 March 6, 2024 August 1, 2023
Comment
Energy efficiency recommendations implemented Value 0.00 0.00 2.00
Date February 25, 2019 March 6, 2024 August 1, 2023
Comment
People with enhanced access to transportation services Value 0.00 0.00 0.00
Date February 25, 2019 March 6, 2024
Comment
FSMIP implementation of SOP on trafficking referral service Value No No Yes
Date February 25, 2019 March 6, 2024 August 1, 2023
Comment
Women employed by FSMIP on Sea Ports Value 0.00 0.00 15.00
Date February 25, 2019 March 6, 2024 August 1, 2023
Comment
Percentage of contractor staff trained on GBV & Codes of Conduct Value 0.00 0.00 100.00
Date February 25, 2019 March 6, 2024 August 1, 2023
Comment
People with enhanced access to transportation services – IWT/ Ferries Value 0.00 0.00 0.00
Date February 25, 2019 March 6, 2024
Comment

Reduction in cargo vessel turnaround times at project port(s)	Value	1620.00	1620.00	1600.00
	Date	February 25, 2019	March 6, 2024	August 1, 2023
	Comment

Project ports rehabilitated with at least one climate resilience measure	Value	0.00	0.00	2.00
	Date	February 25, 2019	March 6, 2024	August 1, 2023
	Comment

Women employed by FSMIP on Sea Ports	Value	0.00	0.00	15.00
	Date	February 25, 2019	March 6, 2024	August 1, 2023
	Comment