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Azerbaijan Highway 3 Additional Financing

Development Objective

“To contribute to a more efficient and safer Baku-Shamakhi and Yenikend-Shorsulu roads and higher quality road services as part of the general network upgrading to motorway standard, and to improve the management of the nascent motorway network.”

Key Details

Project Details

  • P156377

  • Closed

  • Elizabeth C. Wang , Nijat Valiyev

  • N/A

  • Azerbaijan

  • February 9, 2016

  • (as of board presentation)

    March 28, 2016

  • N/A

  • US$ 140.00 million

  • A

  • N/A

  • March 31, 2021

  • TBD

  • BANK APPROVED

  • P118023

  • May 16, 2023

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 140.00
Borrower/Recipient 15.50

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 140.00
IDA Commitment N/A
IBRD + IDA Commitment 140.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 155.50

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$)

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Quality:Percentage of M roads in good and fair condition as a share of total M roads of the networkValue55.0061.0070.00
    DateJanuary 15, 2014December 18, 2015December 31, 2019
    Comment
  • RMUs to maintain 500km of M roads under service level parametersValue0.000.00500.00
    DateMay 1, 2016December 31, 2019
    CommentThe RMUs are established but not functioning
  • Efficiency: Reduction in road user costs from Baku to ShamakhiValue100.00100.0080.00
    DateMay 25, 2010December 18, 2015December 31, 2019
    Comment
  • Efficiency: Reduction in road user costs from Yenikend to ShorsuluValue100.00100.0080.00
    DateJanuary 15, 2014December 18, 2015December 31, 2019
    Comment
  • Safety: Reduction of personal injury per 100-million vehicle-km along the Baku-Shamakhi road.Value100.00100.0070.00
    DateMay 25, 2010December 18, 2015December 31, 2019
    Comment
  • Safety: Reduction of personal injury per 100-million vehicle-km along the Yenikend-Shorsulu road.Value100.00100.0070.00
    DateJanuary 15, 2014December 18, 2015December 31, 2019
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Safety audits on construction completion.ValueNoNoYes
    DateMay 25, 2010December 18, 2015December 31, 2019
    Comment
  • Design of a Motorway Guidelines.ValueNoYesYes
    DateMay 25, 2010December 18, 2015September 30, 2016
    Comment
  • Development of motorways management and maintenance strategyValueNoYesYes
    DateJanuary 15, 2014December 18, 2015September 30, 2016
    Comment
  • Development of a pilot Motorway Management Unit.ValueNoYesYes
    DateMay 25, 2010December 18, 2015September 30, 2016
    Comment
  • Improvement in Road Users Satisfaction in Project Area with disaggregated gender informationValue20.000.0075.00
    DateMay 1, 2016December 31, 2019
    CommentBaseline Survey to be conducted at Effectiveness
  • Annual maintenance plan developed by MMU using road data base.Value0.000.00500.00
    DateMay 1, 2016December 31, 2019
    Comment
  • Rolling 2 year budget prepared by MMU for RMUsValueNoYes
    DateMay 1, 2016December 31, 2019
    CommentMMU to prepare 2 year budget for each RMU
  • Number of km upgraded for Baku-Shamakhi roadValue0.0025.0094.00
    DateJanuary 15, 2014December 18, 2015December 31, 2019
    Comment
  • Number of km upgraded for Yenikend-Shorsulu roadValue0.000.0048.00
    DateJanuary 15, 2014December 18, 2015December 31, 2017
    Comment
  • Roads constructed, non-ruralValue0.0025.00142.00
    DateMay 25, 2010December 18, 2015December 31, 2019
    Comment
  • Percentage of safety audits conducted on road accidents recorded during construction stage of Baku-Shamakhi.Value0.0080.0080.00
    DateMay 25, 2010December 18, 2015September 30, 2016
    Comment
  • Safety audits on detailed design.ValueNoNoYes
    DateMay 25, 2010December 18, 2015December 31, 2018
    Comment