| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 150.00 |
| Borrower/Recipient | 390.00 |
Peru Safe and Sustainable Transport Project
Abstract*
The objective of the Safe and Sustainable Transport Project is to improve passenger and freight transport conditions in an efficient and safe manner along national road corridors that are essential to Peru's competitiveness, in particular those included in the Government's stimulus package in response to the global crisis. There are five components to the project. The first component of the project is road rehabilitation, upgrading and Contracts of... Show More
Development Objective
The proposed project development objective i s to improve passenger and freight transport conditions in an efficient and safe manner along national road corridors that are essential to Peru#s competitiveness, in particular those included in the Government#s stimulus package in response to the global crisis. Specific objectives include: (i) improving the quality of selected national roads, through a scaling up of rehabilitation and effective maintenance, as well as the use of low-cost paving technologies; (ii)generating employment opportunities, particularly for the rural poor; (iii) supporting the reduction of road traffic fatalities and injuries (and resulting economic losses), on selected national roads, through the development of #safe corridors# and the implementation of an investment program prioritized through the application of the iRAP road safety assessment methodology; and (iv) strengthening MTC#s institutional framework with a view to improve the effectiveness of the Government#s stimulus package.
Key Details
Project Details
P116929
Closed
Anna R. Okola
N/A
May 20, 2009
(as of board presentation)
January 14, 2010
N/A
US$ 540.00 million
N/A
2010
US$ 150.00 million
B
Not Applicable
March 22, 2011
BANK APPROVED
March 11, 2021
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 150.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 150.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 540.00 |
Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jan 14, 2010 | IBRD-78320 | Loan Commitment | 150,000,000.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Counterpart Funding | Moderately Satisfactory | 2010-12-20 |
| Project Management | Moderately Satisfactory | 2010-12-20 |
| Progress towards achievement of PDO | Moderately Satisfactory | 2010-12-20 |
| Financial Management | Moderately Satisfactory | 2010-12-20 |
| Monitoring and Evaluation | Moderately Satisfactory | 2010-12-20 |
| Overall Implementation Progress (IP) | Moderately Unsatisfactory | 2010-12-20 |
| Procurement | Moderately Satisfactory | 2010-12-20 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Decreased vehicle operating costs on rehabilitated and upgraded roads Value Cars-US$0.22/kmBuses-US$1.09/kmTrucks-US$1.01/km Cars-US$0.19/kmBuses-US$0.93/kmTrucks-US$0.86/km Date December 10, 2009 February 12, 2010 July 1, 2014 Comment Proportion of the national road network in good condition Value 39.00 0.00 80.00 Date December 10, 2009 February 12, 2010 July 1, 2014 Comment Proportion of the national road network receiving permanent and efficient maintenance through either concession or long-term performance-based maintenance contract Value 32.00 0.00 89.00 Date December 10, 2009 February 12, 2010 July 1, 2014 Comment Proportion of national roads that are paved (including low-cost paving) Value 45.00 0.00 77.00 Date December 10, 2009 July 1, 2014 Comment Proportion of the iRAP corridors labeled at least 3-stars for road safety Value 78.00 0.00 100.00 Date December 10, 2009 February 12, 2010 July 1, 2014 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Roads rehabilitated, Non-rural Value 0.00 0.00 183.00 Date December 10, 2009 February 12, 2010 July 1, 2014 Comment number of rehabilitation and maintenance contracts using a CREMA approach Value 0.00 0.00 3.00 Date December 10, 2009 February 12, 2010 July 1, 2014 Comment Rehabilitation-formal employment opportunities created (annual equivalent/US$Mil invested) Value 0.00 0.00 16.00 Date December 10, 2009 February 12, 2010 July 1, 2014 Comment km of roads receiving periodic maintenance according to agreed standards Value 0.00 0.00 2200.00 Date December 10, 2009 February 12, 2010 July 1, 2014 Comment km of roads maintained to agreed standards through performance-based maintenance contracts Value 330.00 0.00 4886.00 Date December 10, 2009 February 12, 2010 July 1, 2014 Comment Maintenance-formal employment opportunities created (annual equivalent/US$Mil invested) Value 0.00 0.00 35.00 Date December 10, 2009 February 12, 2010 July 1, 2014 Comment Proportion of the iRAP recommendations implemented Value 0.00 0.00 80.00 Date December 10, 2009 February 12, 2010 July 1, 2014 Comment km of "safe corridors" Value 0.00 0.00 500.00 Date December 10, 2009 February 12, 2010 July 1, 2014 Comment Improved MTC capacity to handle social and environmental safeguards and improved coordination between DGASA/OGPP/Provias Nacional Value Paritally Fully Date December 10, 2009 February 12, 2010 July 1, 2014 Comment New MTC#s GIS fully operational with updated information on condition of road network Value No Fully Date December 10, 2009 February 12, 2010 July 1, 2014 Comment Road crash database improved and regularly updated through coordination between MTC, Police and other relevant institutions Value No Fully Date December 10, 2009 February 12, 2010 July 1, 2014 Comment