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East West Highway Corridor Improvement Project Additional Financing

Development Objective

<p>The proposed PDOs are to: (i) reduce road user costs along the East-West Highway Corridor section upgraded under the project; and (ii) strengthen the capacity of the Roads Department and the Ministry of Economy and Sustainable Development to respectively manage the road network and provide an enabling environment to improve logistics services.</p>

Key Details

Project Details

  • P160152

  • Active

  • Mustapha Benmaamar , Nargis Ryskulova

  • N/A

  • Georgia

  • July 20, 2017

  • (as of board presentation)

    November 8, 2017

  • N/A

  • US$ 130.00 million

  • Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI)

  • Europe and Central Asia

  • 2018

  • US$ 110.00 million

  • A

  • October 10, 2023

  • June 30, 2025

  • Yes

  • BANK APPROVED

  • P149952

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
EC: European Investment Bank 90.00
International Bank for Reconstruction and Development 20.00
Borrower/Recipient 20.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 20.00
IDA Commitment N/A
IBRD + IDA Commitment 20.00
Lending Instrument
Grant Amount 90.00
Total Project Cost** 130.00

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$)

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
  • Vehicle Operating Costs from Zemo Osiauri to Khevi (cars) US$/kmValue0.310.240.28
    DateDecember 31, 2015December 10, 2016December 31, 2023
    Comment
  • Vehicle Operating Costs from Zemo Osiauri to Khevi (trucks) US$/kmValue0.560.630.55
    DateDecember 31, 2015December 10, 2016December 31, 2023
    Comment0.557 (agreed with the government. The system shows only down to two decimal places)0.547 (agreed with the government. The system shows only down to two decimal places)
  • Asset value of the East West Highway corridor from Tbilisi to Sarpi (GEL Million)Value1246.50812.005755.00
    DateDecember 31, 2015December 10, 2016December 31, 2023
    Comment
  • National Logistics Program adopted by MESDValueNoNoYes
    DateDecember 31, 2015December 10, 2016December 31, 2023
    Comment
  • Travel time from Zemo Osiauri to KheviValue17.7012.0013.20
    DateDecember 31, 2015December 10, 2016December 31, 2023
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Roads constructed, non-ruralValue0.000.0019.00
    DateDecember 31, 2015December 10, 2016December 31, 2023
    Comment
  • RD/ITS staff (5) staff trained in ITS services management and monitoringValue0.000.005.00
    DateDecember 31, 2015December 10, 2016December 31, 2023
    Comment
  • Key ITS equipment installed on selected and prioritized East-West Highway locationsValue0.000.00100.00
    DateDecember 31, 2015December 10, 2016December 31, 2023
    Comment
  • Road users satisfied with quality of road and services and the project's responsiveness to their transport needs (gender disaggregated)Value0.000.0080.00
    DateDecember 31, 2015December 10, 2016December 31, 2023
    Comment
  • Public/Private Steering Committee created and operationalValueNoNoYes
    DateDecember 31, 2015December 10, 2016December 31, 2020
    Comment
  • Key legislation/measures to provide an enabling environment to enhance logistics services draftedValueNoNoYes
    DateDecember 31, 2015December 10, 2016December 31, 2023
    Comment
  • Studies to support logistics sector development completedValueNoNoYes
    DateDecember 31, 2015December 10, 2016December 31, 2023
    Comment
  • MESD staff (8) trained in relevant areas including logisticsValue0.000.008.00
    DateDecember 31, 2015December 10, 2016December 31, 2023
    Comment
  • Preparation and endorsement of an Annual Road Safety Action Plan aligned with the National Road Safety StrategyValueNoNoYes
    DateApril 26, 2017April 26, 2017December 31, 2023
    Comment5 road safety mitigation measures implemented in the year20 road safety mitigation measures implemented in the year
  • Percentage of project related grievances addressed by the RDValue0.000.001000.00
    DateDecember 31, 2023
    Comment