| Financier | Commitments |
|---|---|
| Local Sources of Borrowing Country | 3.11 |
| Free-standing TFs for ECA CU4 Country Unit | 19.36 |
| Borrower/Recipient | 3.62 |
Local and Regional Competitiveness Project
Abstract*
The objective of the Local and Regional Competitiveness Project (LRCP) for Macedonia is to enhance the contribution of tourism to local economic development and improve the capacity of the government and public entities to foster tourism growth and facilitate destination management. There are four components to the project, the first component being technical assistance for tourism development. This component will improve the capacity of institutions... Show More
Development Objective
<p>The Project Development Objective (PDO) is to enhance the contribution of tourism to local economic development and improve the capacity of the government and public entities to foster tourism growth and facilitate destination management.</p>
Key Details
Project Details
P154263
Closed
Raha Shahidsaless
Government of the Republic of North Macedonia
April 8, 2015
(as of board presentation)
January 12, 2016
July 28, 2016
US$ 26.08 million
Cabinet of the Deputy Prime Minister for Economic Affairs
2016
US$ 19.36 million
B
Not Applicable
September 30, 2021
Yes
BANK APPROVED
April 29, 2022
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | N/A |
| Lending Instrument | |
|---|---|
| Grant Amount | 19.36 |
| Total Project Cost** | 26.08 |
Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025
No data available.
Detailed Financial Activity as of July 31, 2025
No data available.
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Financial Management | Satisfactory | 2021-06-24 |
| Monitoring and Evaluation | Moderately Satisfactory | 2021-06-24 |
| Progress towards achievement of PDO | Moderately Unsatisfactory | 2021-06-24 |
| Procurement | Moderately Satisfactory | 2021-06-24 |
| Overall Implementation Progress (IP) | Moderately Unsatisfactory | 2021-06-24 |
| Project Management | Moderately Satisfactory | 2021-06-24 |
| Counterpart Funding | Moderately Satisfactory | 2021-06-24 |
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 04-29-2022 |
|---|---|
| Outcomes | Moderately Unsatisfactory |
| Risk to Development Outcome | |
| Bank Performance | Moderately Satisfactory |
| Borrower Performance | |
| Government Performance | |
| Implementing Agency |
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 04-03-2023 | PROJECT PERFORMANCE ASSESSMENT REPORT: |
|---|---|---|
| Outcome Rating | Moderately Unsatisfactory | N/a |
| Risk To Development Outcome | N/a | |
| Bank Performance | Moderately Satisfactory | N/a |
| Borrower Performance | N/a | |
| Government Performance | N/a | |
| Implementing Agency | N/a | |
| Icr Quality | Substantial | N/a |
| M&e Quality | Modest | N/a |
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Additional private investment generated in tourism-related activities at beneficiary destinations (US$, cumulative) Value 0.00 10018961.00 0.00 Date January 12, 2016 September 30, 2021 Comment Destination Management partnerships formed Value 0.00 0.00 0.00 Date October 31, 2019 September 30, 2021 Comment Increase in tourism-related jobs in beneficiary destinations Value 0.00 6.87 7.00 Date January 12, 2016 August 30, 2021 December 31, 2020 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Destination management capacity built, as measured by public and private stakeholders trained in destination management and development Value 0.00 206.00 100.00 Date January 12, 2016 March 31, 2021 Comment Grant beneficiaries who consider that supported activities are subject to consultation and reflect their views. Value 0.00 81.90 60.00 Date January 12, 2016 December 31, 2020 Comment Share of local residents that are satisfied with tourism development in the destinations that benefit from the activities in the project. Value 0.00 41.70 30.00 Date January 12, 2016 December 31, 2020 Comment Private enterprises that benefit from activities funded through the project’s grants, owned or managed by a woman Value 0.00 20.00 10.00 Date January 12, 2016 September 30, 2021 Comment Destination development plans agreed Value 0.00 0.00 0.00 Date October 31, 2019 September 30, 2021 Comment Private enterprises that benefit from activities funded through the project’s grants. Value 0.00 602.00 40.00 Date January 12, 2016 September 30, 2021 Comment Private stakeholders that participate in project-supported capacity-building activities (e.g. training, supplier development, others) Value 0.00 1161.00 100.00 Date January 12, 2016 September 30, 2021 Comment Increase in number of overnights by tourists in beneficiary destinations Value 0.00 0.60 2.00 Date January 12, 2016 August 31, 2021 Comment Number of tour packages offered by tour operators (local and foreign) that include the project-supported destinations as a new offering Value 0.00 147.00 10.00 Date January 12, 2016 September 30, 2021 Comment