Madagascar Integrated Growth Poles and Corridor SOP-2

Abstract*

The objective of the Integrated Growth Poles and Corridor SOP 2 Project is to contribute to the sustainable growth of the tourism and agribusiness sectors by enhancing access to enabling infrastructure and services in Target Regions of Madagascar. There are five components to the project, the first component being leveraging private investment in tourism and agribusiness. The objective of this component is to strengthen the government’s ability to... Show More

Development Objective

The development objective is to contribute to the sustainable growth of the tourism and agribusiness sectors by enhancing access to enabling infrastructure and services in Target Regions, and to provide immediate and effective response to an eligible crisis or emergency.

Key Details

Project Details

Project ID
P164536
Status
Closed
Team Leader
Sagita Muco , Cristian Quijada Torres
Borrower 2
Republic of Madagascar

Country
Madagascar
Disclosure Date
November 6, 2017
Approval Date
(as of board presentation)
September 18, 2018
Effective Date
May 8, 2019

Total Project Cost 1
US$ 75.00 million
Implementing Agency
PIC National Project Secretariat
Region
Eastern and Southern Africa
Fiscal Year 3
2019

Commitment Amount
US$ 70.00 million
Environmental Category
B
Last Update Date
May 24, 2024
Closing Date
December 18, 2023

Consultant Services required
Yes
Last Stage Reached
BANK APPROVED

Associated Projects
P175172

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 - Environment and Natural Resource Management

FY17 - Climate change9%
- FY17 - Adaptation7%
- FY17 - Mitigation1%

FY17 - Private Sector Development

FY17 - Business Enabling Environment22%
- FY17 - Investment and Business Climate22%
FY17 - Enterprise Development22%
- FY17 - MSME Development22%

FY17 - Urban and Rural Development

FY17 - Rural Development54%
- FY17 - Rural Infrastructure and service delivery26%
- FY17 - Rural Markets37%
- FY17 - Rural Non-farm Income Generation22%
FY17 - Urban Development72%
- FY17 - Municipal Finance10%
- FY17 - Urban Infrastructure and Service Delivery72%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Credit	70.00
Local Beneficiaries	5.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	70.00
IBRD + IDA Commitment	70.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	75.00

Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025

No data available.

Detailed Financial Activity as of February 28, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Dec 22, 2022	IDA-68170	Loan Disb	865,864.50
Dec 13, 2022	IDA-68170	Loan Disb	67,183.51
Sep 14, 2022	IDA-68170	Loan Disb	23,260.23
Oct 13, 2022	IDA-68170	Loan Disb	600,808.56
Mar 28, 2023	IDA-63150	Loan Disb	-16,713.02
Jan 25, 2023	IDA-68170	Loan Disb	209,417.95
Feb 21, 2023	IDA-63150	Int Charges	246,218.10
Feb 21, 2023	IDA-63150	Int Charges	246,218.10
Feb 27, 2023	IDA-68170	Loan Disb	1,617,834.10
Feb 15, 2023	IDA-63150	Loan Disb	-11,725.47
Apr 21, 2023	IDA-68170	Loan Disb	909,919.44
Oct 12, 2022	IDA-68170	Loan Disb	553,515.80
Dec 21, 2022	IDA-68170	Loan Disb	200,701.30
Dec 5, 2022	IDA-68170	Loan Disb	570,048.40
Dec 5, 2022	IDA-68170	Loan Disb	811,915.44
Aug 15, 2020	IDA-63150	Int Charges	186.11
Aug 15, 2020	IDA-63150	Int Charges	186.11
Aug 15, 2020	IDA-63150	Int Charges	27,415.64
Aug 15, 2020	IDA-63150	Int Charges	27,415.64
Dec 22, 2020	IDA-63150	Loan Disb	576,249.20
Dec 23, 2020	IDA-63150	Loan Disb	461,577.20
Feb 15, 2021	IDA-63150	Int Charges	729.67
Feb 15, 2021	IDA-63150	Int Charges	729.67
Feb 15, 2021	IDA-63150	Int Charges	82,702.02
Feb 15, 2021	IDA-63150	Int Charges	82,702.02
Nov 30, 2020	IDA-63150	Loan Disb	18,000,000.00
Feb 26, 2020	IDA-63150	Int Charges	20,237.61
Feb 26, 2020	IDA-63150	Int Charges	1,152.11
Feb 26, 2020	IDA-63150	Int Charges	1,152.11
Feb 26, 2020	IDA-63150	Int Charges	20,237.61
May 27, 2020	IDA-63150	Loan Disb	1,733,848.10
Jul 27, 2020	IDA-63150	Loan Disb	284,368.03
Aug 28, 2020	IDA-63150	Loan Disb	163,706.81
Jun 8, 2020	IDA-63150	Loan Disb	193,632.34
Oct 13, 2020	IDA-63150	Loan Disb	397,332.62
Oct 6, 2020	IDA-63150	Loan Disb	936,467.60
May 15, 2019	IDA-63150	Loan Disb	621,295.50
Aug 21, 2019	IDA-63150	Loan Disb	152,770.77
Aug 19, 2019	IDA-63150	Loan Disb	4,500,000.00
Aug 19, 2019	IDA-63150	Loan Disb	69,505.22
Aug 19, 2019	IDA-63150	Loan Disb	41,594.04
Nov 22, 2019	IDA-63150	Loan Disb	37,806.68
Oct 15, 2019	IDA-63150	Loan Disb	83,752.62
Mar 3, 2020	IDA-63150	Loan Disb	186,759.84
Apr 1, 2020	IDA-63150	Loan Disb	208,129.77
Feb 14, 2020	IDA-63150	Loan Disb	238,413.33
Dec 20, 2019	IDA-63150	Loan Disb	178,546.90
Dec 20, 2019	IDA-63150	Loan Disb	206,468.78
Oct 28, 2022	IDA-63150	Loan Disb	580,000.00
Oct 28, 2022	IDA-68170	Loan Disb	140,148.77
Sep 14, 2022	IDA-63150	Loan Disb	253,547.77
Feb 23, 2022	IDA-68170	Loan Disb	75,264.73
Jul 20, 2022	IDA-68170	Loan Disb	60,558.58
May 10, 2022	IDA-68170	Loan Disb	11,097.74
Aug 15, 2022	IDA-68170	Int Charges	441.51
Aug 15, 2022	IDA-68170	Int Charges	441.51
Aug 15, 2022	IDA-68170	Int Charges	4,054.77
Aug 15, 2022	IDA-68170	Int Charges	4,054.77
Aug 15, 2022	IDA-63150	Int Charges	1,808.38
Aug 15, 2022	IDA-63150	Int Charges	1,808.38
Aug 15, 2022	IDA-63150	Int Charges	222,481.95
Aug 15, 2022	IDA-63150	Int Charges	222,481.95
Aug 3, 2022	IDA-63150	Loan Disb	1,418,235.60
Sep 2, 2022	IDA-68170	Loan Disb	4,500,000.00
Jan 11, 2022	IDA-63150	Loan Disb	1,404,510.80
Jan 11, 2022	IDA-68170	Loan Disb	176,656.38
Dec 30, 2021	IDA-68170	Loan Disb	70,514.61
Dec 30, 2021	IDA-68170	Loan Disb	291,767.22
May 20, 2022	IDA-63150	Loan Disb	5,000,000.00
May 20, 2022	IDA-68170	Loan Disb	26,020.07
Dec 8, 2021	IDA-63150	Loan Disb	581,313.06
Dec 8, 2021	IDA-63150	Loan Disb	334,944.75
Dec 13, 2021	IDA-68170	Loan Disb	403,471.16
Feb 17, 2022	IDA-68170	Int Charges	699.42
Feb 17, 2022	IDA-68170	Int Charges	699.42
Feb 17, 2022	IDA-63150	Int Charges	195,803.45
Apr 7, 2022	IDA-63150	Loan Disb	869,329.70
Feb 15, 2022	IDA-63150	Int Charges	298.45
Feb 15, 2022	IDA-63150	Int Charges	298.45
Feb 17, 2022	IDA-63150	Int Charges	195,803.45
Feb 23, 2022	IDA-63150	Loan Disb	1,816,566.00
Feb 17, 2022	IDA-68170	Int Charges	-699.42
Feb 17, 2022	IDA-68170	Int Charges	-699.42
Feb 17, 2022	IDA-68170	Int Charges	699.42
Feb 17, 2022	IDA-68170	Int Charges	699.42
May 19, 2022	IDA-68170	Loan Disb	10,084.52
Apr 14, 2022	IDA-63150	Loan Disb	1,068,595.10
Jul 27, 2022	IDA-63150	Loan Disb	1,091,352.60
Jul 27, 2022	IDA-68170	Loan Disb	52,772.63
Jul 21, 2022	IDA-68170	Loan Disb	96,063.82
Jun 22, 2021	IDA-63150	Loan Disb	1,384,955.40
Oct 1, 2021	IDA-63150	Loan Disb	1,200,862.40
Sep 13, 2021	IDA-63150	Loan Disb	818,694.90
Aug 15, 2021	IDA-63150	Int Charges	170,309.86
Aug 15, 2021	IDA-63150	Int Charges	170,309.86
Nov 30, 2021	IDA-63150	Loan Disb	1,065,687.60
Aug 15, 2021	IDA-63150	Int Charges	1,521.11
Aug 15, 2021	IDA-63150	Int Charges	1,521.11
Dec 3, 2021	IDA-63150	Loan Disb	2,795,425.20
Nov 16, 2021	IDA-68170	Loan Disb	96,528.83
Feb 5, 2021	IDA-63150	Loan Disb	1,176,166.90
Mar 9, 2021	IDA-63150	Loan Disb	818,957.94
Dec 1, 2020	IDA-63150	Loan Disb	10,000,000.00
Mar 24, 2021	IDA-63150	Loan Disb	455,695.44
Mar 24, 2021	IDA-63150	Loan Disb	1,677,181.20
Jul 27, 2021	IDA-63150	Loan Disb	1,146,895.50
May 14, 2021	IDA-63150	Loan Disb	1,212,960.50
May 17, 2021	IDA-63150	Loan Disb	86,982.64
Apr 8, 2021	IDA-63150	Loan Disb	596,702.80
May 4, 2021	IDA-63150	Loan Disb	575,321.60
Jun 7, 2021	IDA-63150	Loan Disb	997,199.90
Nov 10, 2020	IDA-63150	Loan Disb	216,420.48
Sep 18, 2018	IDA-63150	Loan Commitment	70,000,000.00
Dec 10, 2020	IDA-68170	Loan Commitment	33,000,000.00
Apr 18, 2024	IDA-63150	Loan Cancel	1,212,265.00
May 31, 2024	IDA-68170	Loan Disb	-46,083.70
Feb 16, 2024	IDA-63150	Int Charges	242,292.14
Feb 16, 2024	IDA-63150	Int Charges	242,292.14
Feb 16, 2024	IDA-68170	Int Charges	1,687.48
Feb 16, 2024	IDA-68170	Int Charges	1,687.48
Feb 16, 2024	IDA-68170	Int Charges	76,388.71
Feb 16, 2024	IDA-68170	Int Charges	76,388.71
Feb 15, 2024	IDA-63150	Int Charges	532.88
Feb 15, 2024	IDA-63150	Int Charges	532.88
Aug 20, 2024	IDA-68170	Int Charges	79,555.98
Aug 20, 2024	IDA-68170	Int Charges	79,555.98
Aug 15, 2024	IDA-68170	Int Charges	944.74
Aug 15, 2024	IDA-68170	Int Charges	944.74
Aug 20, 2024	IDA-63150	Int Charges	238,578.02
Aug 20, 2024	IDA-63150	Int Charges	238,578.02
Aug 15, 2024	IDA-63150	Int Charges	2,939.04
Aug 15, 2024	IDA-63150	Int Charges	2,939.04
Oct 26, 2023	IDA-68170	Loan Disb	866,950.50
Oct 6, 2023	IDA-68170	Loan Disb	1,083,440.20
Oct 3, 2023	IDA-68170	Loan Disb	2,286.14
Aug 2, 2023	IDA-68170	Loan Disb	1,171,748.40
Jun 8, 2023	IDA-68170	Loan Disb	533,224.60
Jun 23, 2023	IDA-68170	Loan Disb	1,287,440.80
Nov 10, 2023	IDA-68170	Loan Disb	487,203.60
Aug 16, 2023	IDA-63150	Int Charges	503.82
Aug 16, 2023	IDA-63150	Int Charges	503.82
Sep 18, 2023	IDA-68170	Loan Disb	1,555,416.20
Aug 16, 2023	IDA-68170	Int Charges	1,329.68
Aug 16, 2023	IDA-68170	Int Charges	1,329.68
Aug 16, 2023	IDA-68170	Int Charges	48,660.62
Aug 16, 2023	IDA-68170	Int Charges	48,660.62
Jul 20, 2023	IDA-68170	Loan Disb	174,626.27
May 31, 2023	IDA-68170	Loan Disb	349,394.34
Aug 16, 2023	IDA-63150	Int Charges	245,053.28
Aug 16, 2023	IDA-63150	Int Charges	245,053.28
Jul 27, 2023	IDA-68170	Loan Disb	17,162.18
Feb 21, 2023	IDA-68170	Int Charges	61.73
Feb 21, 2023	IDA-68170	Int Charges	61.73
Feb 21, 2023	IDA-68170	Int Charges	26,158.62
Feb 21, 2023	IDA-68170	Int Charges	26,158.62
Jan 17, 2023	IDA-63150	Loan Disb	-138,999.90
Apr 11, 2023	IDA-68170	Loan Disb	720,479.50
Feb 15, 2023	IDA-63150	Int Charges	1,170.19
Feb 15, 2023	IDA-63150	Int Charges	1,170.19
Mar 28, 2023	IDA-63150	Loan Disb	-1,051,855.10
Aug 23, 2023	IDA-68170	Loan Disb	859,781.40

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Procurement	Satisfactory	2023-12-18
Overall Implementation Progress (IP)	Satisfactory	2023-12-18
Progress towards achievement of PDO	Satisfactory	2023-12-18
Monitoring and Evaluation	Satisfactory	2023-12-18
Counterpart Funding	Satisfactory	2023-12-18
Project Management	Satisfactory	2023-12-18
Financial Management	Moderately Unsatisfactory	2023-12-18

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Number of formal jobs created in Target Regions Value 2170.00 17800.00 8278.00
Date December 31, 2018 December 31, 2023 December 31, 2023
Comment
Of which in tourism Value 763.00 7300.00 2941.00
Date December 31, 2018 December 31, 2023 December 31, 2023
Comment
Of which in agribusiness Value 1407.00 10500.00 5337.00
Date December 31, 2018 December 31, 2023 December 31, 2023
Comment
Value of private investment enabled by the project (in million) Value 0.00 25.00 25.00
Date December 31, 2018 December 31, 2023 December 31, 2023
Comment
Number of businesses benefiting from at least one COVID response activity Value 0.00 1.34 1.00
Date November 30, 2020 October 31, 2023 December 31, 2021
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Percentage of registered complaints that have been addressed by the project Value 0.00 90.00 90.00
Date December 31, 2018 December 29, 2023 December 29, 2023
Comment
Value of exports of the selected crops in the Target Regions (US$ million) Value 27.50 11.00 36.90
Date December 31, 2018 December 31, 2023 December 31, 2023
Comment
Number of people benefitting from at least one training in the tourism or related sectors Value 0.00 22.48 10.00
Date November 30, 2020 October 31, 2023 December 31, 2021
Comment
Number of formal businesses newly registered in the Target Regions Value 0.00 25000.00 13591.00
Date December 31, 2018 December 31, 2023 December 31, 2023
Comment
Passengers traffic by air per annum Value 1432.00 1735.00 515.00
Date December 31, 2018 December 31, 2023 December 31, 2023
Comment
Increase in annual sales revenue for MBIF BPC recipient enterprises (MGA million) Value 0.00 3000.00 3000.00
Date December 31, 2018 December 31, 2023 December 31, 2023
Comment
Of which at Ivato Value 1005.00 1215.00 361.00
Date December 31, 2018 December 31, 2023 December 31, 2023
Comment
Revenues from target cash crop production for smallholders in the Target Regions (MGA billion) Value 10.50 8.00 16.46
Date December 31, 2018 December 31, 2023 December 31, 2023
Comment
Of which in Target Regions Value 427.00 520.00 154.00
Date December 31, 2018 December 31, 2023 December 31, 2023
Comment
Of which increase in annual sales revenue for women-owned enterprises (MGA million) Value 0.00 1200.00 900.00
Date December 31, 2018 December 31, 2023 December 31, 2023
Comment
Kilometers of rural roads rehabilitated Value 0.00 55.00 55.00
Date December 31, 2018 December 31, 2023 December 31, 2023
Comment
Number of structuring institutions reinforced or created Value 0.00 16.00 9.00
Date December 31, 2018 October 31, 2023 December 31, 2023
Comment
Hotel rooms available in the Target Regions Value 6487.00 7000.00 2737.00
Date December 31, 2018 December 31, 2023 December 31, 2023
Comment
Kilometers of urban roads rehabilitated Value 0.00 50.00 38.00
Date December 31, 2018 December 31, 2023 December 31, 2023
Comment
Number of people provided with access to improved water sources Value 0.00 325.00 75.00
Date December 31, 2018 December 31, 2023 December 31, 2023
Comment
Percentage of municipal budgets executed for investment by targeted municipalities Value 2.60 7.00 6.00
Date December 31, 2018 December 31, 2023 December 31, 2023
Comment
Annual municipal revenues collected in the supported municipalities (MGA billion) Value 12.93 6.85 15.63
Date December 31, 2018 December 31, 2023 December 31, 2023
Comment
Of which urban Value 8.86 4.60 11.00
Date December 31, 2018 December 31, 2023 December 31, 2023
Comment
Of which rural Value 4.07 2.25 4.63
Date December 31, 2018 December 31, 2023 December 31, 2023
Comment
Number of visitors in tourism sites enabled by the project Value 133.00 28.62 45.88
Date December 31, 2018 October 31, 2023 December 31, 2023
Comment

Number of formal jobs created in Target Regions	Value	2170.00	17800.00	8278.00
	Date	December 31, 2018	December 31, 2023	December 31, 2023
	Comment

Of which in tourism	Value	763.00	7300.00	2941.00
	Date	December 31, 2018	December 31, 2023	December 31, 2023
	Comment

Of which in agribusiness	Value	1407.00	10500.00	5337.00
	Date	December 31, 2018	December 31, 2023	December 31, 2023
	Comment

Value of private investment enabled by the project (in million)	Value	0.00	25.00	25.00
	Date	December 31, 2018	December 31, 2023	December 31, 2023
	Comment

Value of exports of the selected crops in the Target Regions (US$ million)	Value	27.50	11.00	36.90
	Date	December 31, 2018	December 31, 2023	December 31, 2023
	Comment

Passengers traffic by air per annum	Value	1432.00	1735.00	515.00
	Date	December 31, 2018	December 31, 2023	December 31, 2023
	Comment

Of which at Ivato	Value	1005.00	1215.00	361.00
	Date	December 31, 2018	December 31, 2023	December 31, 2023
	Comment

Revenues from target cash crop production for smallholders in the Target Regions (MGA billion)	Value	10.50	8.00	16.46
	Date	December 31, 2018	December 31, 2023	December 31, 2023
	Comment

Of which in Target Regions	Value	427.00	520.00	154.00
	Date	December 31, 2018	December 31, 2023	December 31, 2023
	Comment

Kilometers of rural roads rehabilitated	Value	0.00	55.00	55.00
	Date	December 31, 2018	December 31, 2023	December 31, 2023
	Comment

Hotel rooms available in the Target Regions	Value	6487.00	7000.00	2737.00
	Date	December 31, 2018	December 31, 2023	December 31, 2023
	Comment

Kilometers of urban roads rehabilitated	Value	0.00	50.00	38.00
	Date	December 31, 2018	December 31, 2023	December 31, 2023
	Comment

Percentage of municipal budgets executed for investment by targeted municipalities	Value	2.60	7.00	6.00
	Date	December 31, 2018	December 31, 2023	December 31, 2023
	Comment

Annual municipal revenues collected in the supported municipalities (MGA billion)	Value	12.93	6.85	15.63
	Date	December 31, 2018	December 31, 2023	December 31, 2023
	Comment

Of which urban	Value	8.86	4.60	11.00
	Date	December 31, 2018	December 31, 2023	December 31, 2023
	Comment

Of which rural	Value	4.07	2.25	4.63
	Date	December 31, 2018	December 31, 2023	December 31, 2023
	Comment

Number of visitors in tourism sites enabled by the project	Value	133.00	28.62	45.88
	Date	December 31, 2018	October 31, 2023	December 31, 2023
	Comment

Madagascar Integrated Growth Poles and Corridor SOP-2

Abstract*

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 February 28, 2025

Detailed Financial Activity as of February 28, 2025

Ratings

IMPLEMENTATION RATINGS

COMPLETION RATINGS

INDEPENDENT EVALUATION RATINGS

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INTERMEDIATE RESULTS INDICATORS