Road Upgrading and Development Project

Development Objective

<p>The Project Development Objectives are to improve transport connectivity for road users along Corridor VIII between Skopje and DeveBair, and to improve the asset management and planning functions of Public Enterprise for State Roads.</p>

Key Details

Project Details

Project ID
P149955
Status
Active
Team Leader
Nadia Badea , Sudeshna Mitra
Borrower 2
Public Enterprise for State Roads

Country
North Macedonia
Disclosure Date
April 21, 2015
Approval Date
(as of board presentation)
September 30, 2015
Effective Date
December 30, 2015

Total Project Cost 1
US$ 90.95 million
Implementing Agency
Public Enterprise for State Roads
Region
Europe and Central Asia
Fiscal Year 3
2016

Commitment Amount
US$ 90.95 million
Environmental Category
A
Last Update Date
March 15, 2024
Closing Date
September 30, 2025

Consultant Services required
TBD
Last Stage Reached
BANK APPROVED

Associated Projects
P181422

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Economic Policy

FY17 - Trade50%
- FY17 - Trade Facilitation50%

FY17 - Private Sector Development

FY17 - Regional Integration50%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
International Bank for Reconstruction and Development	90.95

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	90.95
IDA Commitment	N/A
IBRD + IDA Commitment	90.95

Lending Instrument
Grant Amount	N/A
Total Project Cost**	90.95

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

No data available.

Detailed Financial Activity as of March 31, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Jul 31, 2018	IBRD-85250	Loan Disb	1,567,836.00
Jun 25, 2018	IBRD-85250	Loan Disb	3,420,825.20
Jun 25, 2018	IBRD-85250	Loan Disb	5,243,318.50
May 15, 2018	IBRD-85250	Int Charges	6,078.28
May 15, 2018	IBRD-85250	Int Charges	120,048.88
Mar 14, 2018	IBRD-85250	Loan Disb	5,568,525.00
May 15, 2020	IBRD-85250	Int Charges	522.27
May 15, 2020	IBRD-85250	Int Charges	896.85
May 15, 2020	IBRD-85250	Int Charges	79,810.62
May 15, 2020	IBRD-85250	Int Charges	71,090.24
Mar 9, 2020	IBRD-85250	Loan Disb	675,839.40
Jan 2, 2020	IBRD-85250	Loan Disb	743,985.75
Jan 2, 2020	IBRD-85250	Loan Disb	2,883,469.80
Nov 15, 2019	IBRD-85250	Int Charges	379.08
Nov 15, 2019	IBRD-85250	Int Charges	89,938.44
Nov 15, 2019	IBRD-85250	Int Charges	67,744.39
Nov 15, 2019	IBRD-85250	Int Charges	243.80
Oct 9, 2019	IBRD-85250	Loan Disb	659,924.00
Oct 3, 2019	IBRD-85250	Loan Disb	1,230,879.00
Apr 29, 2019	IBRD-85250	Loan Disb	1,306,125.80
Jun 20, 2024	IBRD-85250	Loan Disb	4,827,750.00
Feb 6, 2024	IBRD-85250	Loan Disb	3,965,079.80
Dec 27, 2023	IBRD-85250	Loan Disb	3,101,415.00
Apr 29, 2019	IBRD-85250	Loan Disb	942,851.00
Aug 7, 2019	IBRD-85250	Loan Disb	2,850,367.50
Sep 21, 2020	IBRD-85250	Loan Disb	3,629,932.20
Aug 20, 2020	IBRD-85250	Loan Disb	695,821.75
Nov 15, 2020	IBRD-85250	Int Charges	84,544.92
Nov 15, 2020	IBRD-85250	Int Charges	113,977.51
Dec 7, 2020	IBRD-85250	Loan Cancel	12,112,500.00
Nov 15, 2021	IBRD-85250	Int Charges	64,149.78
Nov 15, 2021	IBRD-85250	Int Charges	68,505.53
May 15, 2021	IBRD-85250	Int Charges	2,873.03
May 15, 2021	IBRD-85250	Int Charges	68,533.37
May 15, 2021	IBRD-85250	Int Charges	69,554.36
May 15, 2021	IBRD-85250	Int Charges	1,401.48
May 15, 2022	IBRD-85250	Int Charges	53,164.52
May 15, 2022	IBRD-85250	Int Charges	66,262.69
Dec 15, 2021	IBRD-85250	Loan Disb	4,281,277.50
Dec 2, 2022	IBRD-85250	Loan Disb	4,049,139.00
Nov 15, 2022	IBRD-85250	Int Charges	50,834.05
Nov 15, 2022	IBRD-85250	Int Charges	118,509.89
Aug 22, 2022	IBRD-85250	Loan Disb	4,145,123.00
May 15, 2023	IBRD-85250	Int Charges	43,689.43
May 15, 2023	IBRD-85250	Int Charges	693,075.25
Apr 12, 2023	IBRD-85250	Loan Disb	3,820,341.50
Nov 15, 2023	IBRD-85250	Int Charges	31,812.77
Nov 15, 2023	IBRD-85250	Int Charges	1,235,526.40
Nov 15, 2023	IBRD-85250	Loan Repay	1,431,637.90
Aug 4, 2023	IBRD-85250	Loan Disb	4,787,303.50
Jun 27, 2023	IBRD-85250	Loan Disb	2,682,244.50
Jun 23, 2023	IBRD-85250	Loan Disb	2,228,699.80
Dec 6, 2023	IBRD-85250	Loan Disb	4,105,173.00
Nov 15, 2023	IBRD-85250	Int Charges	858.81
Nov 15, 2023	IBRD-85250	Int Charges	10,182.02
Jan 18, 2024	IBRD-96340	Loan Commitment	33,800,000.00
Sep 30, 2015	IBRD-85250	Loan Commitment	90,947,000.00
Apr 16, 2024	IBRD-85250	Loan Disb	3,449,047.50
May 15, 2024	IBRD-85250	Int Charges	16,497.98
May 15, 2024	IBRD-85250	Int Charges	1,586,401.00
May 15, 2024	IBRD-85250	Loan Repay	1,711,802.40
Dec 30, 2015	IBRD-85250	Loan Disb	226,693.75
Dec 30, 2015	IBRD-85250	Fee Charges	226,693.75
Nov 15, 2017	IBRD-85250	Int Charges	123,613.07
Nov 15, 2017	IBRD-85250	Int Charges	753.87
Nov 15, 2016	IBRD-85250	Int Charges	112,021.66
Nov 15, 2016	IBRD-85250	Int Charges	719.31
May 15, 2017	IBRD-85250	Int Charges	112,511.09
May 15, 2017	IBRD-85250	Int Charges	686.65
May 15, 2016	IBRD-85250	Int Charges	104,029.18
May 15, 2016	IBRD-85250	Int Charges	662.96
May 15, 2019	IBRD-85250	Int Charges	95,630.40
May 15, 2019	IBRD-85250	Int Charges	49,320.59
May 15, 2019	IBRD-85250	Int Charges	22.39
Jul 15, 2019	IBRD-85250	Loan Disb	774,463.20
Nov 15, 2018	IBRD-85250	Int Charges	102,282.62
Nov 15, 2018	IBRD-85250	Int Charges	39,078.56
Jan 4, 2019	IBRD-85250	Loan Disb	674,513.90

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Bridge maintenance and investment program developed based on Bridge Management System (BMS). Value No Yes Yes
Date May 4, 2015 February 15, 2024 September 30, 2025
Comment
Volume of freight along Corridor VIII (tones, section Rankovce - Kriva Palanka) Value 43.80 43.80 45.00
Date May 4, 2015 February 15, 2024 September 30, 2025
Comment
Market accessibility index along Corridor VIII (section Rankovce - Kriva Palanka) Value 138.50 138.50 265.60
Date May 4, 2015 February 15, 2024 September 30, 2025
Comment
Vehicle operating cost for road users, in Euro per vehicle-km, along the project road section. Value 1.12 1.12 0.92
Date May 4, 2015 February 15, 2024 September 30, 2025
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Roads constructed, non-rural Value 0.00 0.00 24.64
Date May 4, 2015 February 15, 2024 September 30, 2025
Comment
Bridge condition survey completed Value No Yes Yes
Date May 4, 2015 February 15, 2024 September 30, 2025
Comment
Direct project beneficiaries Value 6181.00 6181.00 24964.00
Date May 4, 2015 February 15, 2024 September 30, 2025
Comment
Digitize all bridge structures as part of the larger digitized national road reference system Value No Yes Yes
Date May 4, 2015 February 15, 2024 September 30, 2025
Comment
Preparation of bridge maintenance and investment plan using the established BMS Value No Yes Yes
Date May 4, 2015 February 15, 2024 September 30, 2025
Comment
Female beneficiaries Value 49.00 0.00 49.00
Date May 4, 2015 April 24, 2018 December 31, 2020
Comment
Percentage of beneficiaries expressing satisfaction with condition of the project roads Value 52.00 52.00 70.00
Date May 4, 2015 February 15, 2024 September 30, 2025
Comment

Citizen Input to PESR during preparation and construction of the project.	Value	Citizen committees formed	Citizens' inputs on over- & underpasses are includ	Final Citizen’s engagement report
	Date	May 4, 2015	February 15, 2024	September 30, 2025
	Comment

Kilometers of new road incorporating climate resilient redesign of the cut slopes and other stabilization measures Value 0.00 0.00 13.70
Date November 9, 2023 February 15, 2024 September 30, 2025
Comment

Volume of freight along Corridor VIII (tones, section Rankovce - Kriva Palanka)	Value	43.80	43.80	45.00
	Date	May 4, 2015	February 15, 2024	September 30, 2025
	Comment

Market accessibility index along Corridor VIII (section Rankovce - Kriva Palanka)	Value	138.50	138.50	265.60
	Date	May 4, 2015	February 15, 2024	September 30, 2025
	Comment

Vehicle operating cost for road users, in Euro per vehicle-km, along the project road section.	Value	1.12	1.12	0.92
	Date	May 4, 2015	February 15, 2024	September 30, 2025
	Comment

Roads constructed, non-rural	Value	0.00	0.00	24.64
	Date	May 4, 2015	February 15, 2024	September 30, 2025
	Comment

Bridge condition survey completed	Value	No	Yes	Yes
	Date	May 4, 2015	February 15, 2024	September 30, 2025
	Comment

Direct project beneficiaries	Value	6181.00	6181.00	24964.00
	Date	May 4, 2015	February 15, 2024	September 30, 2025
	Comment

Female beneficiaries	Value	49.00	0.00	49.00
	Date	May 4, 2015	April 24, 2018	December 31, 2020
	Comment

Percentage of beneficiaries expressing satisfaction with condition of the project roads	Value	52.00	52.00	70.00
	Date	May 4, 2015	February 15, 2024	September 30, 2025
	Comment

Road Upgrading and Development Project

Development Objective

Key Details

Project Details

Sectors

Themes

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Project Map

Finances

Financing Plan (US$ Millions)

Total Project Financing (US$ Millions)

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

Detailed Financial Activity as of March 31, 2025

Ratings

IMPLEMENTATION RATINGS

COMPLETION RATINGS

INDEPENDENT EVALUATION RATINGS

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INTERMEDIATE RESULTS INDICATORS