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Support to the Subnational Transport Program Project

Abstract*

The objectives of the Support to the Subnational Transport Program Project for Peru are to: (a) facilitate sustainable road access of Peru’s rural populations to services, (b) reduce transport costs on rural roads linked to priority logistics corridors, and (c) strengthen decentralized road management. There are four components to the project, the first component being infrastructure for integration and social inclusion. Component one comprises 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 objectives are to (i) facilitate sustainable road access of Peru's rural populations to services, (ii) reduce transport costs on rural roads linked to priority logistics corridors; and (iii) strengthen decentralized road management.

Key Details

Project Details

  • P132515

  • Closed

  • Eric Lancelot

  • Republic of Peru

  • Peru

  • November 10, 2014

  • (as of board presentation)

    December 11, 2015

  • July 8, 2016

  • US$ 50.00 million

  • B

  • Not Applicable

  • December 31, 2023

  • Yes

  • BANK APPROVED

  • July 31, 2024

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 50.00
Borrower/Recipient 4.79

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 50.00
IDA Commitment N/A
IBRD + IDA Commitment 50.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 54.79

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

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

Detailed Financial Activity as of April 30, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Apr 15, 2019 IBRD-85620 Int Charges 64,913.77
Oct 15, 2019 IBRD-85620 Int Charges 54,805.45
Oct 15, 2019 IBRD-85620 Int Charges 107,435.60
Oct 11, 2019 IBRD-85620 Loan Disb 5,200,000.00
Oct 1, 2018 IBRD-85620 Loan Disb 3,000,000.00
Oct 15, 2018 IBRD-85620 Int Charges 61,451.70
Oct 15, 2018 IBRD-85620 Int Charges 12,282.66
Apr 15, 2017 IBRD-85620 Int Charges 62,255.78
Oct 15, 2017 IBRD-85620 Int Charges 61,800.47
Oct 15, 2017 IBRD-85620 Int Charges 7,592.63
Apr 15, 2018 IBRD-85620 Int Charges 35.32
Apr 15, 2018 IBRD-85620 Int Charges 61,401.99
Apr 15, 2018 IBRD-85620 Int Charges 8,607.26
Oct 15, 2016 IBRD-85620 Int Charges 43,032.78
Sep 2, 2016 IBRD-85620 Fee Charges 125,000.00
Apr 27, 2017 IBRD-85620 Loan Disb 743,464.00
Dec 11, 2015 IBRD-85620 Loan Commitment 50,000,000.00
Apr 30, 2024 IBRD-85620 Loan Cancel 2,926,687.20
Apr 15, 2023 IBRD-85620 Int Charges 662.19
Jul 27, 2023 IBRD-85620 Loan Disb 5,729,231.00
Feb 23, 2023 IBRD-85620 Loan Cancel 12,800,000.00
Oct 15, 2023 IBRD-85620 Int Charges 1,050,536.60
Oct 15, 2023 IBRD-85620 Int Charges 429.39
Oct 15, 2023 IBRD-85620 Int Charges -429.39
Oct 15, 2023 IBRD-85620 Int Charges 16,610.26
Apr 15, 2024 IBRD-85620 Int Charges 1,399.37
Apr 15, 2024 IBRD-85620 Int Charges 12,153.99
Apr 15, 2024 IBRD-85620 Int Charges 1,209,756.90
Feb 5, 2024 IBRD-85620 Loan Disb -2,926,687.20
Apr 15, 2022 IBRD-85620 Int Charges 123,814.08
Apr 15, 2022 IBRD-85620 Int Charges 31,490.91
Jun 3, 2022 IBRD-85620 Loan Disb 3,196,000.00
Dec 21, 2021 IBRD-85620 Loan Disb 1,400,000.00
Oct 15, 2022 IBRD-85620 Int Charges 397,393.40
Oct 15, 2022 IBRD-85620 Int Charges 27,422.41
Sep 13, 2022 IBRD-85620 Loan Disb 3,021,305.00
Apr 15, 2023 IBRD-85620 Int Charges 39,642.36
Apr 15, 2023 IBRD-85620 Int Charges 23,098.10
Apr 15, 2023 IBRD-85620 Int Charges 793,347.80
Mar 9, 2021 IBRD-85620 Loan Disb 2,583,000.00
Jun 21, 2021 IBRD-85620 Loan Disb 4,377,000.00
Apr 15, 2021 IBRD-85620 Int Charges 41,555.26
Apr 15, 2021 IBRD-85620 Int Charges 85,455.72
Oct 15, 2021 IBRD-85620 Int Charges 654.60
Oct 15, 2021 IBRD-85620 Int Charges 2,132.89
Oct 15, 2021 IBRD-85620 Int Charges 34,781.34
Oct 15, 2021 IBRD-85620 Int Charges 118,764.47
Apr 15, 2020 IBRD-85620 Int Charges 1,839.31
Apr 15, 2020 IBRD-85620 Int Charges 48,064.23
Apr 15, 2020 IBRD-85620 Int Charges 163,245.62
Apr 15, 2020 IBRD-85620 Int Charges 142.47
Nov 3, 2020 IBRD-85620 Loan Disb 4,300,000.00
Oct 15, 2020 IBRD-85620 Int Charges 48,008.18
Oct 15, 2020 IBRD-85620 Int Charges 119,045.55
Dec 17, 2020 IBRD-85620 Loan Disb 1,000,000.00
May 1, 2019 IBRD-85620 Loan Disb 2,650,000.00
Apr 15, 2019 IBRD-85620 Int Charges 287.67
Apr 15, 2019 IBRD-85620 Int Charges 57,662.26
Apr 15, 2019 IBRD-85620 Int Charges 3,503.99

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Counterpart Funding Satisfactory 2023-06-26
Overall Implementation Progress (IP) Moderately Satisfactory 2023-06-26
Procurement Moderately Satisfactory 2023-06-26
Progress towards achievement of PDO Moderately Satisfactory 2023-06-26
Monitoring and Evaluation Moderately Satisfactory 2023-06-26
Project Management Moderately Satisfactory 2023-06-26
Financial Management Satisfactory 2023-06-26

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 07-30-2024
OutcomesModerately Unsatisfactory
Risk to Development Outcome
Bank PerformanceModerately Unsatisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 01-16-2025PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingUnsatisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceModerately UnsatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceN/a
Implementing AgencyN/a
Icr QualitySubstantialN/a
M&e QualityModestN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • People with access to an all-season road financed by the project.Value0.0020.070.00
    DateJune 30, 2021December 29, 2023
    Comment
  • Change in the vehicle travel time on rural roads financed by the project.Value0.0049.900.00
    DateJune 21, 2021December 29, 2023
    Comment
  • Vehicle operating cost for trucks on rural roads with access to logistics corridors financed by the projectValue0.590.850.00
    DateJune 30, 2021December 29, 2023
    Comment
  • Percentage of local governments (LG) with a fair or good institutional capacity in road management.Value0.0059.000.00
    DateJune 30, 2021December 29, 2023
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Direct and indirect project beneficiaries of roads financed by the projectValue0.00124.34128.78
    DateJune 30, 2021December 30, 2023May 30, 2023
    Comment
  • Number of km under periodic maintenance financed by the project.Value0.00190.002690.00
    DateJune 30, 2021December 29, 2023
    Comment
  • Local Economic Development Plans (PDEL) delivered to Local Governments financed by the project.Value0.0024.0012.00
    DateJune 30, 2021June 23, 2023
    Comment
  • Percentage of direct and indirect project beneficiaries of roads financed by the project that are femaleValue0.0051.300.00
    DateJuly 1, 2015April 9, 2018
    Comment
  • Roads rehablitatedValue0.0057.96102.57
    DateJune 30, 2021December 29, 2023May 30, 2023
    Comment
  • Number of Participatory Provincial Road Plans (PVPP) implemented under the program and financed by the project.Value0.0015.000.00
    DateJune 30, 2021December 29, 2023
    Comment
  • Percentage of beneficiaries who feel that project investments reflect their needs.Value0.0065.000.00
    DateJune 30, 2021April 1, 2024
    Comment