1. What We Do

Third Highway Project

Abstract*

The development objective of the Third Highway Project for is Azerbaijan is to contribute to a more efficient and safer Baku-Shamakhi road and higher quality road services as part of the upgrading to motorway standards, and to improve the management of the nascent motorway network. There are three components to the project. The first component of the project is motorway improvement - upgrading a 100km section of the existing two lane M4 Baku-Shamakhi...

* 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

“To contribute to a more efficient and safer Baku-Shamakhi and Yenikend-Shorsulu roads and higher quality road services as part of the general network upgrading to motorway standard, and to improve the management of the nascent motorway network.”

Key Details

Project Details

  • P118023

  • Closed

  • Nijat Valiyev

  • Ministry of Finance

  • Azerbaijan

  • December 15, 2009

  • (as of board presentation)

    May 25, 2010

  • November 8, 2010

  • US$ 356.15 million

  • State Roads Agency

  • Europe and Central Asia

  • 2010

  • US$ 241.60 million

  • A

  • May 16, 2023

  • March 31, 2021

  • BANK APPROVED

  • Notes

Sectors

Created with Highstock 5.0.14FY17 - Public Administration -TransportationFY17 - Public Administration - TransportationFY17 - Rural and Inter-UrbanRoadsFY17 - Rural and Inter-Urban RoadsFY17 - Other Transportation

Themes

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 70.00
International Bank for Reconstruction and Development 171.60
Borrower/Recipient 114.55

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 171.60
IDA Commitment 70.00
IBRD + IDA Commitment 241.60
Lending Instrument
Grant Amount N/A
Total Project Cost** 356.15

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

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No data available.
Period Financier Transaction Type Amount (US$)
Apr 10, 2015 IBRD-78890 Loan Disb 10,200,000.00
Sep 23, 2014 IBRD-78890 Loan Disb 3,574,248.00
Jul 30, 2014 IBRD-78890 Loan Disb 3,605,758.50
Sep 2, 2015 IBRD-78890 Loan Disb 2,615,031.20
Oct 7, 2013 IBRD-78890 Loan Disb 183,689.31
Dec 15, 2013 IBRD-78890 Int Charges 75,250.70
Dec 15, 2013 IBRD-78890 Int Charges 18.94
Jan 3, 2014 IBRD-78890 Loan Disb 88,470.68
May 13, 2014 IBRD-78890 Loan Disb 1,656,696.00
May 7, 2014 IBRD-78890 Loan Disb 148,400.44
Jul 8, 2014 IBRD-78890 Loan Disb 7,185,520.00
Jul 8, 2014 IBRD-78890 Loan Disb 5,391,595.50
Dec 15, 2014 IBRD-78890 Int Charges 1,024.44
Dec 15, 2014 IBRD-78890 Int Charges 161,351.42
Dec 15, 2014 IBRD-78890 Loan Repay 2,396,447.50
Jun 23, 2014 IBRD-78890 Loan Disb 89,361.37
Jun 17, 2014 IBRD-78890 Loan Disb 58,210.96
Jun 15, 2014 IBRD-78890 Int Charges 101,392.02
Jun 15, 2014 IBRD-78890 Loan Repay 1,302,056.40
Nov 12, 2014 IBRD-78890 Loan Disb 176,070.00
Nov 12, 2014 IBRD-78890 Loan Disb 124,196.33
Nov 3, 2014 IBRD-78890 Loan Disb 2,206,017.00
Oct 31, 2014 IBRD-78890 Loan Disb 1,657,804.80
Oct 31, 2014 IBRD-78890 Loan Disb 1,805,559.60
Sep 29, 2014 IBRD-78890 Loan Disb 1,982,568.10
Oct 7, 2014 IBRD-78890 Loan Disb 130,708.88
Oct 6, 2014 IBRD-78890 Loan Disb 91,701.87
Dec 30, 2014 IBRD-78890 Loan Disb 202,200.00
Aug 21, 2013 IBRD-78890 Loan Disb 107,840.00
Jan 8, 2015 IBRD-78890 Loan Disb 2,829,650.00
Dec 9, 2014 IBRD-78890 Loan Disb 112,008.20
Aug 1, 2017 IBRD-86020 Int Charges 4,328.93
Aug 29, 2017 IDA-47230 Loan Disb 817,148.25
Sep 26, 2017 IDA-47230 Loan Disb 725,150.06
Sep 6, 2017 IDA-47230 Loan Disb 664,862.25
Jul 27, 2017 IDA-47230 Loan Disb 1,310,336.50
Nov 1, 2017 IDA-47230 Loan Disb 943,276.25
Aug 29, 2017 IDA-47230 Loan Disb 1,629,586.10
Aug 29, 2017 IDA-47230 Loan Disb 693,317.70
Nov 29, 2017 IDA-47230 Loan Disb 2,715,549.00
Aug 31, 2017 IDA-47230 Loan Disb 705,596.90
Aug 7, 2017 IDA-47230 Loan Disb 1,477,793.50
Aug 7, 2017 IDA-47230 Loan Disb 666,561.70
Jan 12, 2018 IDA-47230 Loan Disb 748,583.44
Dec 18, 2017 IDA-47230 Loan Disb 3,037,287.20
Dec 5, 2017 IDA-47230 Loan Disb 2,230,774.20
Dec 15, 2017 IBRD-78890 Int Charges 1,324,023.20
Dec 15, 2017 IDA-47230 Int Charges 4,909.77
Dec 15, 2017 IDA-47230 Int Charges 4,909.77
Dec 15, 2017 IDA-47230 Int Charges 108,337.92
Dec 15, 2017 IDA-47230 Int Charges 108,337.92
Mar 13, 2018 IDA-47230 Loan Disb 3,900,000.00
Aug 25, 2016 IBRD-78890 Loan Disb 1,871,724.50
Dec 15, 2016 IBRD-78890 Int Charges 924,483.80
Dec 15, 2016 IBRD-78890 Loan Repay 7,082,894.00
Sep 12, 2016 IBRD-78890 Loan Disb 917,974.60
Oct 28, 2016 IBRD-78890 Loan Disb 628,859.56
Oct 28, 2016 IBRD-78890 Loan Disb 1,380,294.20
Jan 5, 2017 IDA-47230 Loan Disb 1,062,539.20
Aug 26, 2016 IBRD-78890 Loan Disb 1,137,958.50
Apr 21, 2017 IDA-47230 Loan Disb 1,553,732.60
May 30, 2017 IDA-47230 Loan Disb 3,811,233.50
Apr 3, 2017 IBRD-78890 Loan Disb 792,870.56
Jun 19, 2017 IDA-47230 Loan Disb 818,417.70
May 18, 2017 IDA-47230 Loan Disb 958,218.56
Jun 22, 2017 IDA-47230 Loan Disb 1,014,720.25
Jun 22, 2017 IDA-47230 Loan Disb 770,626.20
May 30, 2017 IDA-47230 Loan Disb 2,111,994.80
Jul 11, 2017 IDA-47230 Loan Disb 1,049,071.40
May 23, 2017 IDA-47230 Loan Disb 902,210.40
Jul 11, 2017 IDA-47230 Loan Disb 1,311,268.20
Jun 15, 2017 IDA-47230 Int Charges 12,661.73
Jun 15, 2017 IDA-47230 Int Charges 12,661.73
Jun 15, 2017 IBRD-78890 Loan Repay 7,339,011.50
Jun 15, 2017 IDA-47230 Int Charges 45.88
Jun 15, 2017 IDA-47230 Int Charges 45.88
Jun 15, 2017 IBRD-78890 Int Charges 5,558.05
Sep 23, 2015 IBRD-78890 Loan Disb 3,169,014.50
Sep 23, 2015 IBRD-78890 Loan Disb 2,037,591.90
Aug 30, 2016 IBRD-78890 Loan Disb 1,432,138.20
Sep 16, 2016 IBRD-78890 Loan Disb 1,167,993.80
Aug 30, 2016 IBRD-78890 Loan Disb 1,842,751.90
Aug 30, 2016 IBRD-78890 Loan Disb 576,186.20
Jun 29, 2016 IBRD-86020 Loan Disb 350,000.00
Jun 29, 2016 IBRD-86020 Fee Charges 350,000.00
Jun 21, 2016 IBRD-78890 Loan Disb 1,529,889.10
Jun 15, 2016 IBRD-78890 Int Charges 660,972.44
Jun 15, 2016 IBRD-78890 Loan Repay 5,449,719.50
Jun 20, 2016 IBRD-78890 Loan Disb 3,432,657.20
Jul 19, 2016 IBRD-78890 Loan Disb 1,960,279.00
Dec 20, 2016 IDA-47230 Loan Disb 930,070.70
Nov 22, 2016 IBRD-78890 Loan Disb 1,081,860.20
Nov 22, 2016 IBRD-78890 Loan Disb 594,406.75
Jul 29, 2016 IBRD-78890 Loan Disb 2,622,138.50
Feb 1, 2017 IBRD-86020 Int Charges 53,473.02
Aug 1, 2019 IBRD-86020 Int Charges 39,597.99
Aug 1, 2019 IBRD-86020 Int Charges 118,895.09
Aug 1, 2019 IBRD-86020 Int Charges 859,338.90
Aug 1, 2019 IBRD-86020 Int Charges 2,885.78
Oct 18, 2019 IBRD-86020 Loan Disb 760,611.90
Aug 27, 2018 IBRD-86020 Loan Disb 2,881,696.80
Jun 28, 2018 IBRD-86020 Loan Disb 1,143,065.40
Jul 18, 2018 IBRD-86020 Loan Disb 5,000,000.00
Aug 1, 2018 IBRD-86020 Int Charges 169,106.62
Aug 1, 2018 IBRD-86020 Int Charges 46,183.59
May 7, 2018 IBRD-86020 Loan Disb 910,027.20
Dec 15, 2018 IBRD-78890 Int Charges 914,929.30
Dec 15, 2018 IBRD-78890 Int Charges 1,239,323.80
Dec 15, 2018 IBRD-78890 Loan Repay 7,339,011.50
Sep 26, 2018 IBRD-86020 Loan Disb 807,204.25
Sep 26, 2018 IBRD-86020 Loan Disb 3,224,833.50
Dec 18, 2018 IBRD-86020 Loan Disb 4,410,345.00
Oct 26, 2018 IBRD-86020 Loan Disb 644,086.20
Dec 19, 2018 IBRD-86020 Loan Disb 2,839,652.20
Dec 15, 2018 IDA-47230 Int Charges 7,368.38
Dec 15, 2018 IDA-47230 Int Charges 7,368.38
Dec 15, 2018 IDA-47230 Int Charges 230,854.73
Aug 3, 2017 IDA-47230 Loan Disb 707,317.25
Aug 3, 2017 IDA-47230 Loan Disb 2,460,204.20
Aug 1, 2017 IBRD-86020 Int Charges 173,127.73
Feb 1, 2021 IBRD-86020 Loan Repay 2,138,429.20
Feb 1, 2021 IBRD-86020 Int Charges 1,717.62
Feb 1, 2021 IBRD-86020 Int Charges 39,812.44
Feb 1, 2021 IBRD-86020 Int Charges 483,255.62
Jun 15, 2021 IBRD-78890 Int Charges 1,692,311.20
Jun 15, 2021 IBRD-78890 Loan Repay 7,339,011.50
Feb 1, 2020 IBRD-86020 Int Charges 7,046.46
Feb 1, 2020 IBRD-86020 Int Charges 94,901.01
Feb 1, 2020 IBRD-86020 Int Charges 1,076,839.90
Dec 15, 2019 IBRD-78890 Int Charges 2,116,139.00
Dec 15, 2019 IBRD-78890 Loan Repay 7,339,011.50
Dec 15, 2019 IDA-47230 Int Charges 1,240.35
Jun 15, 2020 IBRD-78890 Int Charges 1,974,863.10
Jun 15, 2020 IBRD-78890 Loan Repay 7,339,011.50
Sep 28, 2020 IBRD-86020 Loan Disb 1,161,601.80
Apr 28, 2020 IBRD-86020 Loan Cancel 64,000,000.00
Jun 15, 2020 IDA-47230 Int Charges 2,300.05
Jun 15, 2020 IDA-47230 Int Charges 2,300.05
Jun 15, 2020 IDA-47230 Loan Repay 3,186,298.50
Jun 15, 2020 IDA-47230 Int Charges 206,633.81
Jun 15, 2020 IDA-47230 Int Charges 206,633.81
Aug 1, 2020 IBRD-86020 Int Charges 40,924.95
Aug 1, 2020 IBRD-86020 Int Charges 1,065,237.90
Aug 1, 2020 IBRD-86020 Loan Repay 2,052,707.50
Aug 1, 2020 IBRD-86020 Int Charges 789.55
Aug 1, 2020 IBRD-86020 Int Charges 9,770.09
Dec 15, 2020 IDA-47230 Int Charges 32,996.85
Dec 15, 2020 IDA-47230 Int Charges 32,996.85
Dec 15, 2020 IDA-47230 Loan Repay 231,008.28
Dec 15, 2020 IDA-47230 Loan Repay 3,090,725.50
Dec 15, 2020 IDA-47230 Int Charges 119.38
Dec 15, 2020 IBRD-78890 Loan Repay 7,339,011.50
Dec 15, 2020 IBRD-78890 Int Charges 1,833,587.10
Sep 13, 2019 IBRD-86020 Loan Disb 1,818,139.90
Oct 15, 2019 IBRD-86020 Loan Disb 3,038,694.00
Sep 18, 2019 IBRD-86020 Loan Disb 1,622,449.40
Dec 9, 2014 IBRD-78890 Loan Disb 202,200.00
Aug 6, 2013 IBRD-78890 Loan Disb 6,879,892.00
Dec 19, 2014 IBRD-78890 Loan Disb 159,338.61
Dec 19, 2014 IBRD-78890 Loan Disb 93,296.52
Sep 4, 2013 IBRD-78890 Loan Disb 323,520.00
Jan 8, 2015 IBRD-78890 Loan Disb 2,519,052.00
Jan 8, 2015 IBRD-78890 Loan Disb 2,068,795.20
Jan 8, 2015 IBRD-78890 Loan Disb 81,638.95
Jan 8, 2015 IBRD-78890 Loan Disb 145,836.95
Jan 8, 2015 IBRD-78890 Loan Disb 1,687,262.90
Jan 8, 2015 IBRD-78890 Loan Disb 1,787,705.20
Jan 14, 2014 IBRD-78890 Loan Disb 1,992,560.20
Aug 14, 2013 IBRD-78890 Loan Disb 179,168.50
Aug 6, 2013 IBRD-78890 Loan Disb 8,268,696.50
Dec 27, 2013 IBRD-78890 Loan Disb 216,662.81
Jan 8, 2014 IBRD-78890 Loan Disb 1,857,449.00
Jan 8, 2014 IBRD-78890 Loan Disb 2,163,994.80
Dec 27, 2013 IBRD-78890 Loan Disb 123,769.77
Dec 30, 2013 IBRD-78890 Loan Disb 621,719.40
Feb 1, 2017 IBRD-86020 Int Charges 641.67
Feb 1, 2017 IBRD-86020 Int Charges 175,597.40
Feb 1, 2017 IBRD-86020 Int Charges 3,917.66
Aug 11, 2016 IBRD-78890 Loan Disb 1,452,766.80
Jul 29, 2016 IBRD-78890 Loan Disb 10,679,594.00
Dec 13, 2016 IDA-47230 Loan Disb 1,076,771.10
Jun 29, 2016 IBRD-78890 Loan Disb 1,018,709.00
Nov 17, 2016 IBRD-78890 Loan Disb 633,828.70
Oct 14, 2016 IBRD-78890 Loan Disb 2,595,703.00
Apr 6, 2015 IBRD-78890 Loan Disb 2,403,509.00
Apr 6, 2015 IBRD-78890 Loan Disb 1,365,267.20
Jun 17, 2015 IBRD-78890 Loan Disb 2,473,771.50
Jul 10, 2015 IBRD-78890 Loan Disb 2,216,385.20
Jan 6, 2016 IBRD-78890 Loan Disb 814,839.44
Aug 17, 2015 IBRD-78890 Loan Disb 2,742,545.00
Jan 25, 2016 IBRD-78890 Loan Disb 1,598,532.80
Jan 25, 2016 IBRD-78890 Loan Disb 1,339,250.60
Dec 30, 2015 IBRD-78890 Loan Disb 10,291,223.00
Oct 6, 2015 IBRD-78890 Loan Disb 4,904,908.00
Dec 15, 2015 IBRD-78890 Int Charges 400,405.72
Dec 15, 2015 IBRD-78890 Loan Repay 4,810,724.50
Jul 3, 2014 IBRD-78890 Loan Disb 3,134,928.80
Jul 14, 2014 IBRD-78890 Loan Disb 89,797.42
Jan 27, 2015 IBRD-78890 Loan Disb 167,218.62
Jan 27, 2015 IBRD-78890 Loan Disb 136,258.25
Jan 5, 2015 IBRD-78890 Loan Disb 1,090,956.40
Jan 27, 2015 IBRD-78890 Loan Disb 388,590.84
Jan 5, 2015 IBRD-78890 Loan Disb 2,462,031.20
Jul 22, 2014 IBRD-78890 Loan Disb 220,284.52
Feb 4, 2015 IBRD-78890 Loan Disb 794,432.40
Jun 15, 2015 IBRD-78890 Int Charges 4,266.00
Jun 15, 2015 IBRD-78890 Int Charges 269,336.70
Jun 15, 2015 IBRD-78890 Loan Repay 3,933,797.20
Dec 15, 2018 IDA-47230 Int Charges 230,854.73
Nov 21, 2018 IBRD-86020 Loan Disb 2,692,700.50
Feb 1, 2019 IBRD-86020 Int Charges 144,376.86
Feb 1, 2019 IBRD-86020 Int Charges 429,515.06
Dec 15, 2017 IBRD-78890 Loan Repay 7,339,011.50
Jan 4, 2018 IDA-47230 Loan Disb 2,705,774.20
Dec 28, 2017 IDA-47230 Loan Disb 750,474.50
Dec 22, 2017 IDA-47230 Loan Disb 791,115.00
Dec 7, 2017 IDA-47230 Loan Disb 760,259.80
Apr 24, 2018 IBRD-86020 Loan Disb 1,026,817.06
Feb 1, 2018 IBRD-86020 Int Charges 175,997.27
Feb 1, 2018 IBRD-86020 Int Charges 4,579.58
Dec 27, 2017 IDA-47230 Loan Disb 2,122,300.20
Dec 28, 2017 IDA-47230 Loan Disb 2,251,137.20
May 11, 2018 IBRD-86020 Loan Disb 921,270.56
Jun 15, 2018 IBRD-78890 Int Charges 1,480,877.80
Jun 15, 2018 IBRD-78890 Loan Repay 7,339,011.50
Jun 15, 2018 IDA-47230 Int Charges 6,037.93
Jun 15, 2018 IDA-47230 Int Charges 6,037.93
Jun 15, 2018 IDA-47230 Int Charges 233,694.31
Jun 15, 2018 IDA-47230 Int Charges 233,694.31
May 23, 2018 IBRD-86020 Loan Disb 637,072.20
May 23, 2018 IBRD-86020 Loan Disb 2,545,144.80
Aug 29, 2018 IBRD-86020 Loan Disb 721,314.10
Sep 12, 2018 IBRD-78890 Loan Disb -124,607,328.00
Sep 12, 2018 IBRD-78890 Loan Disb 124,607,328.00
Aug 1, 2018 IBRD-86020 Loan Disb 792,725.50
Aug 1, 2018 IBRD-86020 Loan Disb 1,152,036.90
Sep 12, 2018 IBRD-78890 Loan Disb -124,607,328.00
Sep 12, 2018 IBRD-78890 Loan Disb 124,607,328.00
Jun 15, 2017 IBRD-78890 Int Charges 1,263,462.50
Apr 14, 2017 IDA-47230 Loan Disb 1,234,717.80
Oct 19, 2017 IDA-47230 Loan Disb 1,012,440.20
Oct 6, 2017 IDA-47230 Loan Disb 4,039,548.20
Nov 6, 2017 IDA-47230 Loan Disb 889,186.20
Nov 15, 2017 IDA-47230 Loan Disb 1,865,730.60
Nov 30, 2017 IDA-47230 Loan Disb 764,245.44
Oct 6, 2017 IDA-47230 Loan Disb 2,038,679.80
Nov 14, 2017 IDA-47230 Loan Disb 655,480.75
Dec 27, 2019 IBRD-86020 Loan Disb 3,209,619.80
Feb 11, 2020 IBRD-86020 Loan Disb 3,000,000.00
Dec 15, 2019 IDA-47230 Int Charges 1,240.35
Dec 15, 2019 IDA-47230 Int Charges 235,555.84
Dec 15, 2019 IDA-47230 Int Charges 235,555.84
Feb 1, 2020 IBRD-86020 Int Charges 474.28
Feb 1, 2019 IBRD-86020 Int Charges 745.65
Feb 1, 2019 IBRD-86020 Int Charges 8,538.04
Dec 21, 2018 IBRD-86020 Loan Disb 710,790.00
Jan 3, 2019 IBRD-86020 Loan Disb 2,347,007.50
Oct 25, 2018 IBRD-86020 Loan Disb 2,573,166.00
May 10, 2019 IBRD-86020 Loan Disb 979,894.94
Apr 22, 2019 IBRD-86020 Loan Disb 3,383,963.80
Apr 22, 2019 IBRD-86020 Loan Disb 847,036.00
Apr 18, 2019 IBRD-86020 Loan Disb 1,264,313.50
Jul 11, 2019 IBRD-86020 Loan Disb 613,400.30
Jul 9, 2019 IBRD-86020 Loan Disb 2,450,574.20
May 8, 2019 IBRD-86020 Loan Disb 3,914,743.80
Jun 15, 2019 IDA-47230 Int Charges 235,714.77
Jun 15, 2019 IDA-47230 Int Charges 235,714.77
Jun 15, 2019 IDA-47230 Int Charges 3,258.10
Jun 15, 2019 IDA-47230 Int Charges 3,258.10
Jun 15, 2019 IBRD-78890 Int Charges 2,257,415.00
Jun 15, 2019 IBRD-78890 Loan Repay 7,339,011.50
Aug 7, 2019 IBRD-86020 Loan Disb 2,510,597.80
Aug 14, 2019 IBRD-86020 Loan Disb 1,236,620.50
Aug 8, 2019 IBRD-86020 Loan Disb 628,424.75
Sep 13, 2019 IBRD-86020 Loan Disb 4,228,358.50
May 25, 2010 IDA-47230 Loan Commitment 70,000,000.00
Jun 15, 2024 IBRD-78890 Loan Repay 844,655.40
Jun 15, 2024 IDA-47230 Int Charges 133,451.72
Jun 15, 2024 IDA-47230 Int Charges 133,451.72
Jun 15, 2024 IDA-47230 Loan Repay 2,897,648.80
Jun 15, 2024 IBRD-78890 Int Charges 844,655.40
Jun 15, 2024 IBRD-78890 Loan Repay 6,494,356.00
Mar 28, 2016 IBRD-86020 Loan Commitment 140,000,000.00
May 25, 2010 IBRD-78890 Loan Commitment 171,600,000.00
Jun 15, 2023 IDA-47230 Int Charges 161,340.19
Jun 15, 2023 IDA-47230 Int Charges 132,468.83
Jun 15, 2023 IDA-47230 Int Charges 132,468.83
Jun 15, 2023 IDA-47230 Loan Repay 165,734.25
Jun 15, 2023 IBRD-78890 Int Charges 1,127,207.40
Jun 15, 2023 IBRD-78890 Loan Repay 7,339,011.50
Dec 15, 2023 IDA-47230 Loan Repay 50,354.36
Dec 15, 2023 IDA-47230 Loan Repay 3,016,248.50
Dec 15, 2023 IDA-47230 Loan Repay 20,727.54
Dec 15, 2023 IDA-47230 Int Charges 75,960.20
Dec 15, 2023 IDA-47230 Int Charges 75,960.20
Dec 15, 2023 IBRD-78890 Int Charges 985,931.30
Dec 15, 2023 IBRD-78890 Loan Repay 6,353,080.00
Dec 15, 2023 IBRD-78890 Loan Repay 985,931.30
Jun 15, 2024 IDA-47230 Int Charges 73,258.91
Jun 15, 2024 IDA-47230 Int Charges 73,258.91
Jun 15, 2024 IDA-47230 Loan Repay 136,329.98
Dec 15, 2021 IDA-47230 Int Charges 25,683.24
Dec 15, 2021 IDA-47230 Int Charges 25,683.24
Dec 15, 2021 IDA-47230 Loan Repay 3,215,701.50
Dec 15, 2021 IBRD-78890 Int Charges 1,551,035.20
Dec 15, 2021 IBRD-78890 Loan Repay 7,339,011.50
Dec 15, 2022 IDA-47230 Int Charges 40,280.03
Dec 15, 2022 IDA-47230 Int Charges 40,280.03
Dec 15, 2022 IDA-47230 Loan Repay 84,402.10
Dec 15, 2022 IDA-47230 Loan Repay 2,979,948.20
Dec 15, 2022 IBRD-78890 Int Charges 1,268,483.20
Dec 15, 2022 IBRD-78890 Loan Repay 7,339,011.50
Jun 15, 2023 IDA-47230 Loan Repay 2,907,412.00
Jun 15, 2023 IDA-47230 Int Charges 161,340.19
Aug 1, 2021 IBRD-86020 Int Charges 469,934.80
Aug 1, 2021 IBRD-86020 Loan Repay 2,190,929.20
Aug 1, 2021 IBRD-86020 Int Charges 1,239.73
Jun 15, 2022 IDA-47230 Loan Repay 3,028,819.80
Jun 15, 2022 IDA-47230 Loan Repay 37,856.09
Jun 15, 2022 IDA-47230 Int Charges 184,000.52
Jun 15, 2022 IDA-47230 Int Charges 184,000.52
Jun 15, 2022 IBRD-78890 Int Charges 1,409,759.20
Jun 15, 2022 IBRD-78890 Loan Repay 7,339,011.50
Jul 31, 2021 IBRD-86020 Loan Cancel 1,000,000.00
Dec 10, 2021 IBRD-86020 Loan Repay 23,338,318.00
Dec 10, 2021 IBRD-86020 Int Charges 1,236,450.00
Dec 10, 2021 IBRD-86020 Int Charges 312,116.28
Dec 15, 2021 IDA-47230 Int Charges 205,000.95
Dec 15, 2021 IDA-47230 Int Charges 205,000.95
Dec 10, 2021 IBRD-86020 Loan Repay 45,279,616.00
Dec 15, 2020 IDA-47230 Int Charges -119.38
Dec 15, 2020 IDA-47230 Int Charges 169,885.67
Dec 15, 2020 IDA-47230 Int Charges 169,885.67
Apr 30, 2020 IDA-47230 Loan Cancel 181,501.89
Jun 15, 2021 IDA-47230 Int Charges 66,126.25
Jun 15, 2021 IDA-47230 Int Charges 66,126.25
Jun 15, 2021 IDA-47230 Loan Repay 3,313,862.20
Jun 15, 2021 IDA-47230 Int Charges 197,218.47
Jun 15, 2021 IDA-47230 Int Charges 197,218.47
Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Satisfactory 2020-12-27
Financial Management Satisfactory 2020-12-27
Monitoring and Evaluation Satisfactory 2020-12-27
Counterpart Funding Satisfactory 2020-12-27
Project Management Satisfactory 2020-12-27
Procurement Satisfactory 2020-12-27
Overall Implementation Progress (IP) Moderately Satisfactory 2020-12-27

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 12-09-2021
OutcomesModerately Satisfactory
Risk to Development Outcome
Bank PerformanceSubstantial
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Satisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceSatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceNot RatedN/a
Implementing AgencyN/a
Icr QualitySubstantialN/a
M&e QualitySubstantialN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Efficiency: Reduction in road user costs from Yenikend to ShorsuluValue100.0077.000.00
    DateJanuary 15, 2014March 31, 2021
    Comment
  • Quality:Percentage of M roads in good and fair condition as a share of total M roads of the networkValue55.0090.000.00
    DateJanuary 15, 2014March 31, 2021
    Comment
  • RMUs to maintain 500km of M roads under service level parametersValue0.00774.000.00
    DateMay 1, 2016March 31, 2021
    Comment
  • Efficiency: Reduction in road user costs from Baku to ShamakhiValue100.0070.000.00
    DateMay 25, 2010March 31, 2021
    Comment
  • Safety: Reduction of personal injury per 100-million vehicle-km along the Baku-Shamakhi road.Value100.0029.000.00
    DateMay 25, 2010March 31, 2021
    Comment
  • Safety: Reduction of personal injury per 100-million vehicle-km along the Yenikend-Shorsulu road.Value100.0024.000.00
    DateJanuary 15, 2014March 31, 2021
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Number of km upgraded for Baku-Shamakhi roadValue0.0094.000.00
    DateJanuary 15, 2014March 31, 2021
    Comment
  • Design of a Motorway Guidelines.ValueNoYes
    DateMay 25, 2010March 31, 2021
    Comment
  • Number of km upgraded for Yenikend-Shorsulu roadValue0.0050.000.00
    DateJanuary 15, 2014March 31, 2021
    Comment
  • Development of motorways management and maintenance strategyValueNoYes
    DateJanuary 15, 2014March 31, 2021
    Comment
  • Roads constructed, non-ruralValue0.00144.000.00
    DateMay 25, 2010March 31, 2021
    Comment
  • Annual maintenance plan developed by MMU using road data base.Value0.00774.000.00
    DateMay 1, 2016March 31, 2021
    Comment
  • Safety audits on detailed design.ValueNoYes
    DateMay 25, 2010March 31, 2021
    Comment
  • Rolling 2 year budget prepared by MMU for RMUsValueNoYes
    DateMay 1, 2016March 31, 2021
    Comment
  • Safety audits on construction completion.ValueNoYes
    DateMay 25, 2010March 31, 2021
    Comment
  • Improvement in Road Users Satisfaction in Project Area with disaggregated gender informationValue21.0079.000.00
    DateMay 1, 2016March 31, 2021
    Comment