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Ho Chi Minh City Green Transport Development

Abstract*

The development objective of the Ho Chi Minh City Green Transport Development Project for Vietnam is to improve the performance and efficiency of public transport along a high priority corridor in Ho Chi Minh City. The project comprises of two components. The first component, bus rapid transit (BRT) corridor development will include: (a) carrying out the construction and supervision of the BRT infrastructure and facilities; (b) improvement of the...

* 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

The project development objective is to improve the performance and efficiency of public transport along a high priority corridor in Ho Chi Minh City.

Key Details

Project Details

  • P126507

  • Closed

  • Shigeyuki Sakaki

  • Socialist Republic of Vietnam

  • Viet Nam

  • February 28, 2013

  • (as of board presentation)

    May 29, 2015

  • October 9, 2015

  • US$ 137.45 million

  • Transport Works Construction Investment Project Management Authority (TCIP) of Ho Chi Minh City

  • East Asia and Pacific

  • 2015

  • US$ 124.00 million

  • B

  • February 28, 2024

  • December 31, 2023

  • Yes

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 124.00
Borrower/Recipient 13.45

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 124.00
IBRD + IDA Commitment 124.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 137.45

Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of February 28, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
May 29, 2015 IDA-56540 Loan Commitment 124,000,000.00
May 24, 2016 IDA-56540 Loan Disb 40,000.00
May 15, 2021 IDA-56540 Int Charges 2,140.79
Nov 15, 2020 IDA-56540 Loan Repay 940,304.44
Nov 15, 2020 IDA-56540 Int Charges 3,526.15
Nov 15, 2020 IDA-56540 Int Charges 3,526.15
Nov 15, 2020 IDA-56540 Int Charges 3,749.09
Nov 15, 2020 IDA-56540 Int Charges 322.40
Nov 15, 2021 IDA-56540 Int Charges 14.95
Nov 15, 2021 IDA-56540 Loan Repay 727,087.10
Nov 15, 2021 IDA-56540 Int Charges 1,120.91
Nov 15, 2021 IDA-56540 Int Charges 1,120.91
Nov 15, 2021 IDA-56540 Int Charges 1,868.19
Sep 1, 2021 IDA-56540 Loan Disb 736,563.06
Jan 3, 2019 IDA-56540 Loan Disb 13,898.67
May 15, 2019 IDA-56540 Int Charges 384.50
May 15, 2019 IDA-56540 Int Charges 661.86
May 15, 2019 IDA-56540 Int Charges 384.50
Nov 15, 2019 IDA-56540 Int Charges 7.67
Nov 15, 2019 IDA-56540 Int Charges 7.67
Nov 15, 2019 IDA-56540 Int Charges 877.43
Nov 15, 2019 IDA-56540 Int Charges 877.43
Nov 15, 2019 IDA-56540 Int Charges 203.52
Sep 18, 2019 IDA-56540 Loan Disb 400,000.00
Apr 27, 2020 IDA-56540 Loan Disb 396,989.75
May 15, 2020 IDA-56540 Int Charges 3,092.29
May 15, 2020 IDA-56540 Int Charges 1,257.64
May 15, 2020 IDA-56540 Int Charges 2,040.58
May 15, 2020 IDA-56540 Int Charges 2,040.58
Nov 15, 2017 IDA-56540 Int Charges 261.79
Nov 15, 2017 IDA-56540 Int Charges 261.79
Aug 8, 2018 IDA-56540 Loan Disb 27,732.97
May 15, 2018 IDA-56540 Int Charges 5.43
May 15, 2018 IDA-56540 Int Charges 5.43
May 15, 2018 IDA-56540 Int Charges 441.06
May 15, 2018 IDA-56540 Int Charges 259.19
May 15, 2018 IDA-56540 Int Charges 259.19
Nov 15, 2018 IDA-56540 Int Charges 12.39
Nov 15, 2018 IDA-56540 Int Charges 12.39
Nov 15, 2018 IDA-56540 Int Charges 299.05
Nov 15, 2018 IDA-56540 Int Charges 299.05
Nov 15, 2018 IDA-56540 Int Charges 519.07
May 15, 2019 IDA-56540 Int Charges 12.63
May 15, 2019 IDA-56540 Int Charges 12.63
Nov 15, 2016 IDA-56540 Int Charges 138.26
Nov 15, 2016 IDA-56540 Int Charges 138.26
Nov 15, 2016 IDA-56540 Int Charges 230.43
May 15, 2017 IDA-56540 Int Charges 185.37
May 15, 2017 IDA-56540 Int Charges 185.37
May 15, 2017 IDA-56540 Int Charges 317.61
May 15, 2017 IDA-56540 Int Charges 9.94
May 15, 2017 IDA-56540 Int Charges 9.94
Feb 23, 2017 IDA-56540 Loan Disb 28,317.76
Nov 15, 2017 IDA-56540 Int Charges 436.36
Nov 15, 2017 IDA-56540 Int Charges 8.17
May 31, 2023 IDA-56540 Loan Cancel 115,515,840.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Project Management Unsatisfactory 2023-04-25
Financial Management Unsatisfactory 2023-04-25
Progress towards achievement of PDO Unsatisfactory 2023-04-25
Procurement Moderately Unsatisfactory 2023-04-25
Counterpart Funding Satisfactory 2023-04-25
Overall Implementation Progress (IP) Unsatisfactory 2023-04-25
Monitoring and Evaluation Moderately Unsatisfactory 2023-04-25

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 11-30-2023
OutcomesHighly Unsatisfactory
Risk to Development Outcome
Bank PerformanceModerately Unsatisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 03-20-2024PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingHighly Unsatisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceUnsatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceN/a
Implementing AgencyN/a
Icr QualitySubstantialN/a
M&e QualityNegligibleN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Number of passengers per day using the BRT systemValue0.000.000.00
    DateJanuary 1, 2019June 29, 2022
    Comment
  • Travel time by public transport along the project corridor, measured as in-vehicle time from An Lac to Ky Con (14.1 km)Value60.0060.000.00
    DateJanuary 1, 2019June 29, 2022
    Comment
  • People satisfied with the service provided by Public TransportValue33.000.000.00
    DateJanuary 1, 2019June 29, 2022
    Comment
  • Number of workers and students accessing Thu Thiem Development within 45 minutesValue1122000.001122000.001122000.00
    DateJanuary 1, 2019June 29, 2022
    Comment
  • Women satisfied with the service provided by Public Transport (Sub-Indicator)Value40.000.000.00
    DateJanuary 1, 2019June 29, 2022
    Comment
  • Difference in GHG emissions compared to BAU caseValue0.000.000.00
    DateJanuary 1, 2019June 29, 2022
    Comment
  • Low income riders satisfied with the service provided by Public Transport (Sub-Indicator)Value25.000.000.00
    DateJanuary 1, 2019June 29, 2022
    Comment
  • Number of residents accessing Thu Thiem Development within 45 minutes. (Sub-Indicator)Value1050000.001050000.001050000.00
    DateJanuary 1, 2019
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Percentage of training courses delivered to the HCMC PC and its agenciesValue0.0020.000.00
    DateSeptember 1, 2015June 29, 2022
    Comment
  • Bus route network is re-organized for better connection with the BRT and ready for implementationValueNoNo
    DateJanuary 10, 2020June 29, 2022
    Comment
  • Number of studies completed under Component 2 of the projectValue0.000.000.00
    DateSeptember 1, 2015June 29, 2022
    Comment
  • Number of BRT passengers who use non-motorized vehicles connect to/from BRT stationsValue0.000.000.00
    DateJanuary 10, 2020June 29, 2022
    Comment
  • Average floor area ratio (FAR) of the corridor area as defined in the revised detailed zoning plansValueTBDTBD
    DateJanuary 10, 2020June 29, 2022
    Comment
  • Legal framework and operational guide for implementation of TOD urban design are developed and endorsed by relevant authoritiesValueNoNo
    DateJanuary 10, 2020June 29, 2022
    Comment
  • Area of multi-function public space developed under the pilot project, connected with BRTValue0.000.000.00
    DateJanuary 10, 2020June 29, 2022
    Comment
  • Percentage of intersections with improved traffic and safety controlValue0.000.000.00
    DateMarch 1, 2016June 29, 2022
    Comment
  • Percentage of sidewalk improvements completed along the BRT routeValue0.000.000.00
    DateMarch 1, 2016June 29, 2022
    Comment
  • Percentage of improvements to station access within a 400-meter radius completedValue0.000.000.00
    DateMarch 1, 2016June 29, 2022
    Comment
  • Percentage of planned greening and landscaping activities along the corridor completedValue0.000.000.00
    DateMarch 1, 2016June 29, 2022
    Comment