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Results-based Road Maintenance and Safety Project

Abstract*

The objectives of the Results-Based Road Maintenance and Safety Project for Albania are to: (a) maintain the condition and improve the safety of the Borrower’s primary road and primary-secondary road networks, and (b) strengthen sustainable and efficient road asset management and safety practices, for the benefit of road users. There are four components to the project, the first component being maintenance works and monitoring. The objective of this...

* 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: (a) maintain the condition and improve the safety of Borrower's Primary Road and Primary-Secondary Road networks, and (b) strengthen sustainable and efficient road asset management and safety practices, for the benefit of road-users.

Key Details

Project Details

  • P132982

  • Closed

  • Artan Guxho

  • Ministry of Finance

  • Albania

  • July 9, 2014

  • (as of board presentation)

    March 27, 2015

  • September 25, 2015

  • US$ 156.00 million

  • Albanian Road Authority

  • Europe and Central Asia

  • 2015

  • US$ 80.00 million

  • B

  • July 31, 2023

  • December 31, 2022

  • TBD

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Borrower/Recipient 76.00
International Bank for Reconstruction and Development 80.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 80.00
IDA Commitment N/A
IBRD + IDA Commitment 80.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 156.00

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$)
Nov 15, 2018 IBRD-84890 Int Charges 80,269.09
Nov 15, 2018 IBRD-84890 Int Charges 35,498.13
Oct 24, 2018 IBRD-84890 Loan Disb 11,391,183.00
May 15, 2019 IBRD-84890 Int Charges 3,301.27
May 15, 2019 IBRD-84890 Int Charges 65,943.22
May 15, 2019 IBRD-84890 Int Charges 76,605.76
May 15, 2019 IBRD-84890 Int Charges 1,683.84
Nov 20, 2019 IBRD-84890 Loan Disb 19,798,178.00
Nov 15, 2019 IBRD-84890 Int Charges 66,057.25
Nov 15, 2019 IBRD-84890 Int Charges 79,849.26
May 15, 2020 IBRD-84890 Int Charges 40,471.98
May 15, 2020 IBRD-84890 Int Charges 129,139.77
Oct 30, 2020 IBRD-84890 Loan Disb 9,245,193.00
May 15, 2021 IBRD-84890 Int Charges 1,048.62
Nov 15, 2020 IBRD-84890 Int Charges 188,549.56
Nov 15, 2020 IBRD-84890 Int Charges 42,947.43
May 15, 2021 IBRD-84890 Int Charges 2,618.76
May 15, 2021 IBRD-84890 Int Charges 32,541.99
May 15, 2021 IBRD-84890 Int Charges 134,660.38
Nov 15, 2021 IBRD-84890 Int Charges 31,291.71
Nov 15, 2021 IBRD-84890 Int Charges 124,219.07
May 15, 2022 IBRD-84890 Int Charges 125,766.84
May 15, 2022 IBRD-84890 Int Charges 18,886.95
May 15, 2022 IBRD-84890 Loan Repay 1,901,436.20
Feb 2, 2022 IBRD-84890 Loan Disb 14,091,670.00
Nov 15, 2022 IBRD-84890 Int Charges 12,112.59
Nov 15, 2022 IBRD-84890 Int Charges 230,549.73
Nov 15, 2022 IBRD-84890 Loan Repay 1,905,829.20
Jun 7, 2023 IBRD-84890 Loan Cancel 16,028,338.00
Jun 7, 2023 IBRD-84890 Loan Disb -6,137,565.50
May 15, 2023 IBRD-84890 Int Charges 12,450.10
May 15, 2023 IBRD-84890 Int Charges 953,949.90
May 15, 2023 IBRD-84890 Loan Repay 1,991,401.10
Nov 15, 2023 IBRD-84890 Int Charges 1,580.10
Nov 15, 2023 IBRD-84890 Int Charges 1,187,101.80
Nov 15, 2023 IBRD-84890 Loan Repay 1,766,322.20
May 15, 2024 IBRD-84890 Int Charges 17,856.53
May 15, 2024 IBRD-84890 Loan Repay 1,759,657.50
May 15, 2024 IBRD-84890 Int Charges 1,202,904.80
Sep 25, 2015 IBRD-84890 Fee Charges 184,025.75
Sep 25, 2015 IBRD-84890 Loan Disb 184,025.75
Mar 27, 2015 IBRD-84890 Loan Commitment 80,000,000.00
Jan 4, 2016 IBRD-84890 Loan Disb 9,000,794.00
May 15, 2016 IBRD-84890 Int Charges 81,358.89
May 15, 2016 IBRD-84890 Int Charges 280.68
May 15, 2016 IBRD-84890 Int Charges 84,347.08
May 15, 2016 IBRD-84890 Int Charges 34,890.85
Nov 15, 2016 IBRD-84890 Int Charges 77,786.99
Nov 15, 2016 IBRD-84890 Int Charges 39,794.05
May 15, 2017 IBRD-84890 Int Charges 36,640.41
May 15, 2017 IBRD-84890 Int Charges 78,126.87
Nov 15, 2017 IBRD-84890 Int Charges 85,836.02
Nov 15, 2017 IBRD-84890 Int Charges 38,190.50
May 15, 2018 IBRD-84890 Int Charges 84,942.55
May 15, 2018 IBRD-84890 Int Charges 36,281.24

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Moderately Satisfactory 2022-11-24
Procurement Satisfactory 2022-11-24
Project Management Moderately Satisfactory 2022-11-24
Financial Management Moderately Satisfactory 2022-11-24
Monitoring and Evaluation Satisfactory 2022-11-24
Overall Implementation Progress (IP) Moderately Satisfactory 2022-11-24
Counterpart Funding Moderately Satisfactory 2022-11-24
Overall Safeguards Rating Moderately Satisfactory 2022-11-24

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 06-30-2023
OutcomesSubstantial
Risk to Development Outcome
Bank PerformanceSubstantial
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 12-02-2023PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingSatisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceModerately SatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceN/a
Implementing AgencyN/a
Icr QualityHighN/a
M&e QualitySubstantialN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Road Condition, as a function of the average IRI of the project road network, does not deteriorate (IRI measured as m/km)Value4.53.64.5
    DateSeptember 1, 2014December 30, 2022
    Comment
  • Preparation and implementation of fully-costed multi-year maintenance plans, on an annual basisValueNoYesYes
    DateMay 1, 2015May 19, 2022
    Comment
  • Fatalities on an annual basis across the National road network.Value295.00227.00286.00
    DateDecember 31, 2013May 19, 2022
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Length of project roads under routine maintenance through Performance Based ContractsValue0.001335.001335.00
    DateMay 1, 2015November 25, 2020
    Comment
  • Road Safety Media Campaign developed and in use.ValueNoNoNo
    DateMay 1, 2015November 25, 2020
    Comment
  • Preparation of Transport Sector StrategyValueNoYesNo
    DateJanuary 1, 2015November 25, 2020
    Comment
  • Accident Information Database enhanced and in use by end of Year 2ValueNoNoYes
    DateMay 1, 2015November 25, 2020
    Comment
  • Length of national road network for which condition survey data obtained and entered into RMS database.Value0.000.001600.00
    DateMay 1, 2015November 25, 2020
    Comment
  • Social Transparency System being used to monitor feedback trends, with issues being closed out and monthly reports being prepared.ValueNoYesYes
    DateMay 1, 2015November 25, 2020
    Comment
  • iRAP surveys completed showing an improvement in Safety Star ratings across the project roads.ValueReport on Star Rating from First Year SurveyReport Star Rating from October 2018 (better ratin
    DateDecember 30, 2015November 25, 2020
    Comment
  • Finalize Beneficiary Impact Assessments and Completion ReportsValueNoNoNo
    DateMay 1, 2015November 25, 2020
    Comment