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RAILWAYS II

Abstract*

The proposed project provides assistance to the National Railways of Zimbabwe (NRZ) to implement a restructuring program with four principal components: (a) organization restructuring; (b) operations improvement program; (c) assets restructuring; and (d) financial restructuring. The project consists of 1) technical assistance to support a management and supervisory development program and introduce improved working systems, 2) training and secondment...

* 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

IMPROVEMENTS LOCOMOTIVES AND ROLLING STOCK, MANAGEMENT AND OPERATINGINFORMATION SYSTEMS.3/98: CLOSING DATE TO BE EXTENDED FOR ANOTHER YEAR, 6/99, PER YPKEDIA.

Key Details

Project Details

  • P003286

  • Closed

  • Yash Pal Kedia

  • N/A

  • Zimbabwe

  • December 4, 1990

  • (as of board presentation)

    December 4, 1990

  • July 15, 1991

  • US$ 98.10 million

  • B

  • Not Applicable

  • June 30, 1999

  • BANK APPROVED

  • March 11, 2021

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
FINLAND: Ministry for Foreign Affairs 4.70
SWITZERLAND, Govt. of (Except for FOFEA) 2.30
DENMARK: Danish Intl. Dev. Assistance (DANIDA) 3.70
GERMANY: KREDITANSTALT FUR WIEDERAUFBAU (KFW) 7.60
International Bank for Reconstruction and Development 38.60
AUSTRIA, Gov. of (Except for Fed. Chancellery-DG Dev. Coop) 1.80
US: Agency for International Development (USAID) 39.40

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 38.60
IDA Commitment N/A
IBRD + IDA Commitment 38.60
Lending Instrument
Grant Amount 59.50
Total Project Cost** 120.00

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

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No data available.
Period Financier Transaction Type Amount (US$)
Jun 16, 2015 IBRD-32730 Int Charges 726,924.20
Jun 16, 2015 IBRD-32730 Loan Repay 932,115.75
Jun 16, 2015 IBRD-32730 Int Charges 1,430.10
Dec 4, 1990 IBRD-32730 Loan Commitment 38,600,000.00
Jun 16, 2015 IBRD-32730 Loan Repay 15,392.69
Jun 16, 2015 IBRD-32730 Int Charges 10,439.95
Jun 16, 2015 IBRD-32730 Int Charges 12,945.96

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 06-29-2000PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingSatisfactory N/a
Risk To Development OutcomeNot RatedN/a
Bank PerformanceSatisfactoryN/a
Borrower PerformanceSatisfactoryN/a
Government PerformanceNot RatedN/a
Implementing AgencySatisfactoryN/a
Icr QualitySatisfactoryN/a
M&e QualityNot RatedN/a

Results Framework

No data available.