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Framework Development and Infrastructure Financing to Support Public-Private Partnerships Project

Abstract*

The development objective of Framework Development and Infrastructure Financing to Support Public-Private Partnerships (PPP) Project for Sri Lanka is to support the preparation of Public-Private Partnerships that will enable the government of Sri Lanka to facilitate private sector financing for the development of its priority infrastructure and services. This project has three components. 1) The first component, Improving the Enabling Environment...

* 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 Objective is to support the preparation of Public-Private Partnerships that will enable the Government of Sri Lanka to facilitate private sector financing for the development of its priority infrastructure and services.

Key Details

Project Details

  • P163864

  • Closed

  • Wei Wang

  • Democratic Socialist Republic of Sri Lanka

  • Sri Lanka

  • May 11, 2018

  • (as of board presentation)

    February 21, 2019

  • June 12, 2019

  • US$ 25.64 million

  • Ministry of Finance

  • South Asia

  • 2019

  • US$ 25.00 million

  • A

  • April 3, 2024

  • February 19, 2020

  • TBD

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Borrower/Recipient 2.00
International Bank for Reconstruction and Development 25.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 25.00
IDA Commitment N/A
IBRD + IDA Commitment 25.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 25.64

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$)
May 15, 2024 IBRD-89070 Int Charges 75.34
Feb 19, 2020 IBRD-89070 Loan Cancel 21,550,224.00
Feb 21, 2019 IBRD-89070 Loan Commitment 25,000,000.00
May 15, 2023 IBRD-89070 Int Charges 535.91
May 15, 2023 IBRD-89070 Int Charges 10,070.46
Nov 15, 2023 IBRD-89070 Int Charges 228.91
Nov 15, 2023 IBRD-89070 Int Charges 12,066.69
Nov 15, 2022 IBRD-89070 Int Charges 5,670.60
Nov 15, 2022 IBRD-89070 Int Charges 611.20
Nov 15, 2021 IBRD-89070 Int Charges 1,992.03
May 15, 2022 IBRD-89070 Int Charges 2,036.39
Jun 9, 2020 IBRD-89070 Loan Disb 300.98
Jun 9, 2020 IBRD-89070 Loan Disb -300.98
Nov 15, 2020 IBRD-89070 Int Charges -12,659.28
Nov 15, 2020 IBRD-89070 Int Charges 6,002.46
May 15, 2021 IBRD-89070 Int Charges 2,017.20
Jun 21, 2019 IBRD-89070 Loan Disb 3,387,276.50
Jun 12, 2019 IBRD-89070 Loan Disb 62,500.00
Jun 12, 2019 IBRD-89070 Fee Charges 62,500.00
Nov 15, 2019 IBRD-89070 Int Charges 23,577.53
Nov 15, 2019 IBRD-89070 Int Charges 47,806.50
Jun 9, 2020 IBRD-89070 Loan Disb -3,067,673.20
May 15, 2020 IBRD-89070 Int Charges 26,809.53
May 15, 2020 IBRD-89070 Int Charges 47,263.86
Jun 9, 2020 IBRD-89070 Loan Cancel 3,067,673.20
May 15, 2024 IBRD-89070 Int Charges 12,732.53

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Moderately Satisfactory 2020-04-03
Financial Management Satisfactory 2020-04-03
Overall Implementation Progress (IP) Moderately Satisfactory 2020-04-03
Procurement Moderately Unsatisfactory 2020-04-03
Counterpart Funding Satisfactory 2020-04-03
Project Management Moderately Satisfactory 2020-04-03
Monitoring and Evaluation Satisfactory 2020-04-03

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Feasibility studies or project designs completed for at least five (5) PPP transactions with the assistance of the projectValue0.000.005.00
    DateApril 2, 2018November 5, 2019February 28, 2024
    Comment
  • Transaction advisory services provided for at least four (4) PPP transactions with the assistance of the projectValue0.000.004.00
    DateApril 2, 2018November 5, 2019February 28, 2024
    Comment
  • Commercial closure of at least three (3) PPP transactions with the assistance of the projectValue0.000.003.00
    DateApril 2, 2018November 5, 2019February 28, 2024
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Capacity building workshops that focus on the project cycle, screening and scoring tool, structure of concession agreements (number)Value0.000.004.00
    DateApril 2, 2018November 5, 2019February 28, 2024
    Comment
  • NAPPP includes a social specialist with gender expertise in the teamValueNo social specialist with gender expertise in the Social and gender specialist is in the process of One social specialist with strong expertise on gen
    DateApril 2, 2018November 5, 2019March 31, 2019
    Comment
  • Number of Environmental and Social Asessments completedValue0.000.003.00
    DateApril 2, 2018November 5, 2019February 28, 2024
    Comment
  • At least 20% of the Government staff who will be PPP certified will be femaleValue0.0076.0020.00
    DateApril 2, 2018November 5, 2019February 28, 2024
    Comment
  • Stakeholder engagement for the implementation of the Communications strategyValue0.000.003.00
    DateApril 2, 2018November 5, 2019September 29, 2020
    Comment
  • Number of PPP nodes established in participating Line Agencies or MinistriesValue0.000.003.00
    DateApril 2, 2018November 5, 2019February 28, 2024
    Comment