| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 40.00 |
SUBIC BAY FREEPORT
Abstract*
The objective of the Subic Bay Freeport project is to attract private investors to the Subic Bay Freeport (SBF). This will be achieved by: a) improving existing infrastructure; b) improving access to the area for industrial, commercial and passenger traffic; c) maintaining the SBF asset base, including protection of the environment; and d) strengthening the capacity of the Subic Bay Metropolitan Authority (SBMA) to manage and administer the facility... Show More
Development Objective
REPLENISH EQUIPMENT AND CARRY OUT WORKS AND SERVICES IN ORDER TOCONVERT SUBIC NAVAL BASE FOR COMMERCIAL USE.
Key Details
Project Details
P004609
Closed
Aloysius Uche Ordu
N/A
June 2, 1994
(as of board presentation)
June 2, 1994
August 17, 1994
US$ 52.00 million
N/A
1994
US$ 40.00 million
B
March 11, 2021
June 30, 1999
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 40.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 40.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 52.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Dec 26, 2013 | IBRD-37450 | Int Charges | 71,058.17 |
| Dec 26, 2013 | IBRD-37450 | Int Charges | 2,540.40 |
| Dec 26, 2013 | IBRD-37450 | Int Charges | 70,913.90 |
| Jun 2, 1994 | IBRD-37450 | Loan Commitment | 40,000,000.00 |
| Aug 15, 2013 | IBRD-37450 | Loan Repay | 56,258.56 |
| Dec 26, 2013 | IBRD-37450 | Loan Repay | 134,675.28 |
| Dec 26, 2013 | IBRD-37450 | Loan Repay | 3,861,416.20 |
| Aug 15, 2013 | IBRD-37450 | Int Charges | 140,943.40 |
| Aug 15, 2013 | IBRD-37450 | Loan Repay | 1,816,724.90 |
| Dec 26, 2013 | IBRD-37450 | Loan Repay | 33,759.10 |
Ratings
IMPLEMENTATION RATINGS
No data available.
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 06-29-2000 | PROJECT PERFORMANCE ASSESSMENT REPORT: |
|---|---|---|
| Outcome Rating | Satisfactory | N/a |
| Risk To Development Outcome | Not Rated | N/a |
| Bank Performance | Satisfactory | N/a |
| Borrower Performance | Satisfactory | N/a |
| Government Performance | Satisfactory | N/a |
| Implementing Agency | Satisfactory | N/a |
| Icr Quality | Satisfactory | N/a |
| M&e Quality | Not Rated | N/a |
Results Framework
No data available.