Sustainable Tourism Development Project

Abstract*

The project objective of the Sustainable Tourism Development Project is to strengthen the institutional framework for the tourism sector to facilitate environmentally and socially sound investments, in particular in the East of Sri Lanka. There are three components to the project. Component one: the project will provide technical assistance and funding to all institutions including the Ministry of Tourism (MoT); Sri Lanka Tourism Development Authority... Show More

Development Objective

The PDO remains relevant and no changes are proposed.

Key Details

Project Details

Project ID
P113709
Status
Closed
Team Leader
Sriyani M. Hulugalle
Borrower 2
N/A

Country
Sri Lanka
Disclosure Date
July 6, 2009
Approval Date
(as of board presentation)
May 13, 2010
Effective Date
January 5, 2011

Total Project Cost 1
US$ 18.00 million
Implementing Agency
N/A
Region
South Asia
Fiscal Year 3
2010

Commitment Amount
US$ 18.00 million
Environmental Category
B
Environmental and Social Risk
Not Applicable
Closing Date
January 31, 2014

Last Stage Reached
BANK APPROVED
Last Update Date
October 31, 2014

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 - Finance

FY17 - Financial Infrastructure and Access13%
- FY17 - MSME Finance13%

FY17 - Private Sector Development

FY17 - Business Enabling Environment28%
- FY17 - Regulation and Competition Policy28%
FY17 - Enterprise Development13%
- FY17 - MSME Development13%
FY17 - Public Private Partnerships10%

FY17 - Urban and Rural Development

FY17 - Rural Development46%
- FY17 - Rural Infrastructure and service delivery46%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Credit	18.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	18.00
IBRD + IDA Commitment	18.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	18.00

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

No data available.

Detailed Financial Activity as of April 30, 2025

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Period	Financier	Transaction Type	Amount (US$)
May 15, 2015	IDA-47020	Int Charges	14.50
May 15, 2015	IDA-47020	Int Charges	14.50
Nov 15, 2015	IDA-47020	Int Charges	17.92
Nov 15, 2015	IDA-47020	Int Charges	17.92
Nov 15, 2015	IDA-47020	Int Charges	562.93
Nov 15, 2015	IDA-47020	Int Charges	562.93
Nov 15, 2022	IDA-47020	Loan Repay	6,857.22
Nov 15, 2022	IDA-47020	Loan Repay	279.12
Nov 15, 2022	IDA-47020	Int Charges	280.79
Nov 15, 2022	IDA-47020	Int Charges	280.79
May 15, 2023	IDA-47020	Int Charges	123.08
May 15, 2023	IDA-47020	Int Charges	123.08
Nov 15, 2023	IDA-47020	Int Charges	65.42
Nov 15, 2023	IDA-47020	Int Charges	65.42
Nov 15, 2023	IDA-47020	Loan Repay	7,192.62
Nov 15, 2023	IDA-47020	Int Charges	306.86
Nov 15, 2023	IDA-47020	Int Charges	306.86
May 15, 2023	IDA-47020	Loan Repay	7,281.07
May 15, 2023	IDA-47020	Int Charges	316.04
May 15, 2023	IDA-47020	Int Charges	316.04
May 15, 2024	IDA-47020	Int Charges	43.67
May 15, 2024	IDA-47020	Int Charges	43.67
May 15, 2024	IDA-47020	Loan Repay	7,176.19
May 15, 2024	IDA-47020	Int Charges	322.92
Nov 15, 2016	IDA-47020	Int Charges	554.58
Nov 15, 2016	IDA-47020	Int Charges	554.58
May 15, 2017	IDA-47020	Int Charges	15.13
May 15, 2017	IDA-47020	Int Charges	15.13
May 15, 2017	IDA-47020	Int Charges	533.78
May 15, 2017	IDA-47020	Int Charges	533.78
Nov 15, 2017	IDA-47020	Int Charges	8.70
Nov 15, 2017	IDA-47020	Int Charges	574.67
Nov 15, 2017	IDA-47020	Int Charges	574.67
Nov 15, 2017	IDA-47020	Int Charges	8.70
May 15, 2018	IDA-47020	Int Charges	576.40
May 15, 2018	IDA-47020	Int Charges	576.40
May 15, 2018	IDA-47020	Int Charges	4.48
May 15, 2018	IDA-47020	Int Charges	4.48
Nov 15, 2018	IDA-47020	Int Charges	551.76
Nov 15, 2018	IDA-47020	Int Charges	551.76
Nov 15, 2018	IDA-47020	Int Charges	10.20
Nov 15, 2018	IDA-47020	Int Charges	10.20
Nov 15, 2014	IDA-47020	Int Charges	588.95
Nov 15, 2014	IDA-47020	Int Charges	588.95
Nov 15, 2014	IDA-47020	Int Charges	6.53
Nov 15, 2014	IDA-47020	Int Charges	6.53
Oct 29, 2013	IDA-47020	Loan Cancel	15,578,297.00
Nov 26, 2013	IDA-47020	Loan Cancel	2,125,655.00
Dec 17, 2013	IDA-47020	Loan Cancel	22,293.60
Dec 17, 2013	IDA-47020	Loan Disb	-22,293.60
Nov 26, 2013	IDA-47020	Loan Disb	-2,125,655.00
Nov 15, 2013	IDA-47020	Int Charges	8,603.55
Nov 15, 2013	IDA-47020	Int Charges	8,603.55
Nov 15, 2013	IDA-47020	Int Charges	42.63
Nov 15, 2013	IDA-47020	Int Charges	42.63
May 15, 2014	IDA-47020	Int Charges	-3,458.16
May 15, 2014	IDA-47020	Int Charges	3,458.16
May 15, 2014	IDA-47020	Int Charges	51.02
May 15, 2014	IDA-47020	Int Charges	51.02
May 15, 2014	IDA-47020	Int Charges	1,132.59
May 15, 2014	IDA-47020	Int Charges	1,132.59
May 15, 2015	IDA-47020	Int Charges	543.07
May 15, 2015	IDA-47020	Int Charges	543.07
May 15, 2024	IDA-47020	Int Charges	322.92
May 13, 2010	IDA-47020	Loan Commitment	18,000,000.00
May 15, 2019	IDA-47020	Int Charges	8.56
May 15, 2019	IDA-47020	Int Charges	8.56
May 15, 2019	IDA-47020	Int Charges	553.66
May 15, 2019	IDA-47020	Int Charges	553.66
Nov 15, 2019	IDA-47020	Int Charges	4.08
Nov 15, 2019	IDA-47020	Int Charges	4.08
Nov 15, 2019	IDA-47020	Int Charges	554.42
Nov 15, 2019	IDA-47020	Int Charges	554.42
May 15, 2020	IDA-47020	Int Charges	0.53
May 15, 2020	IDA-47020	Int Charges	0.53
May 15, 2020	IDA-47020	Loan Repay	7,371.80
May 15, 2020	IDA-47020	Int Charges	552.89
May 15, 2020	IDA-47020	Int Charges	552.89
Nov 15, 2020	IDA-47020	Loan Repay	109.43
Nov 15, 2020	IDA-47020	Int Charges	530.10
Nov 15, 2020	IDA-47020	Loan Repay	7,590.07
Nov 15, 2020	IDA-47020	Int Charges	530.10
May 15, 2021	IDA-47020	Int Charges	18.73
May 15, 2021	IDA-47020	Int Charges	18.73
May 15, 2021	IDA-47020	Loan Repay	7,801.88
May 15, 2021	IDA-47020	Int Charges	467.36
May 15, 2021	IDA-47020	Int Charges	467.36
Nov 15, 2021	IDA-47020	Int Charges	57.90
Nov 15, 2021	IDA-47020	Int Charges	57.90
Nov 15, 2021	IDA-47020	Loan Repay	7,618.75
Nov 15, 2021	IDA-47020	Int Charges	485.71
Nov 15, 2021	IDA-47020	Int Charges	485.71
May 15, 2022	IDA-47020	Int Charges	433.01
May 15, 2022	IDA-47020	Loan Repay	7,094.19
May 15, 2022	IDA-47020	Int Charges	433.01
May 15, 2022	IDA-47020	Loan Repay	122.40
May 15, 2016	IDA-47020	Int Charges	11.09
May 15, 2016	IDA-47020	Int Charges	11.09
May 15, 2016	IDA-47020	Int Charges	555.77
May 15, 2016	IDA-47020	Int Charges	555.77
Nov 15, 2016	IDA-47020	Int Charges	6.78
Nov 15, 2016	IDA-47020	Int Charges	6.78

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Counterpart Funding	Satisfactory	2014-02-12
Project Management	Moderately Unsatisfactory	2014-02-12
Overall Implementation Progress (IP)	Unsatisfactory	2014-02-12
Financial Management	Satisfactory	2014-02-12
Procurement	Moderately Satisfactory	2014-02-12
Progress towards achievement of PDO	Unsatisfactory	2014-02-12
Monitoring and Evaluation	Satisfactory	2014-02-12

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Tourism Receipts	Value	319000000.00	1450000000.00	1000000000.00
	Date	December 31, 2008	December 31, 2013	December 31, 2014
	Comment		With the end of the war, the tourism sector revenue has increased substantially. The sector is one of the major growth sectors inthe country.

Occupancy Rate Value 43.90 71.00 80.00
Date December 31, 2008 December 31, 2012 December 31, 2014
Comment
Occupancy Rate in the East Value 21.60 68.00 80.00
Date December 31, 2008 December 31, 2012 December 31, 2014
Comment This area was affected by the conflict but has been receiving higher number of tourists.
Reduce number of days iin registration Value 147.00 30.00 75.00
Date December 31, 2008 September 30, 2011 December 31, 2014
Comment The licensing procedure has been streamlined.

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Increase occupancy rates in the East Value 21.60 68.00 80.00
Date December 30, 2008 December 31, 2012 December 31, 2014
Comment Reason indicated above

Number of local employed in the tourism cluster in the East	Value	0.00	0.00	5210.00
	Date	December 30, 2008	December 31, 2012	December 30, 2013
	Comment	Given the conflict situation in 2008 the figure was not available.	Substantial number of hotels and guest houses are in the East and it has created significant number of direct and indirectemployment. The statistics are not available.

Increase in the number of Star classified graded hotels	Value	80.00	114.00	180.00
	Date	December 30, 2008	December 31, 2012	December 31, 2014
	Comment		With the increased development in the sector more star grade accomodations are constructed.

Occupancy Rate	Value	43.90	71.00	80.00
	Date	December 31, 2008	December 31, 2012	December 31, 2014
	Comment

Occupancy Rate in the East	Value	21.60	68.00	80.00
	Date	December 31, 2008	December 31, 2012	December 31, 2014
	Comment		This area was affected by the conflict but has been receiving higher number of tourists.

Reduce number of days iin registration	Value	147.00	30.00	75.00
	Date	December 31, 2008	September 30, 2011	December 31, 2014
	Comment		The licensing procedure has been streamlined.

Increase occupancy rates in the East	Value	21.60	68.00	80.00
	Date	December 30, 2008	December 31, 2012	December 31, 2014
	Comment		Reason indicated above

Sustainable Tourism Development Project

Abstract*

Development Objective

Key Details

Project Details

Sectors

Themes

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Project Map

Finances

Financing Plan (US$ Millions)

Total Project Financing (US$ Millions)

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

Detailed Financial Activity as of April 30, 2025

Ratings

IMPLEMENTATION RATINGS

COMPLETION RATINGS

INDEPENDENT EVALUATION RATINGS

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INTERMEDIATE RESULTS INDICATORS