| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 35.00 |
Saramacca Canal System Rehabilitation Project
Abstract*
The objective of the Saramacca Canal System (SCS) Rehabilitation Project for Suriname is to reduce flood risk for the people and assets in the greater Paramaribo area and improve the operation of the Saramacca Canal System. The project has four components. (1) Improving the drainage infrastructure component will finance (a) rehabilitation of the sluices and locks and canal re-profiling and clearing and (b) pilot interventions on selected critical... Show More
Development Objective
(i) reduce flood risk for the people and assets in the Greater Paramaribo Area and improve the operation of the Saramacca Canal System; and (ii) provide immediate and effective response to an Eligible Emergency.
Key Details
Project Details
P165973
Active
Artessa Saldivar-Sali
Ministry of Finance (MoF)
June 5, 2018
(as of board presentation)
February 14, 2019
July 11, 2019
US$ 35.00 million
Ministry of Public Works, Transport and Communication (MoPWTC)
2019
US$ 35.00 million
B
February 5, 2024
October 31, 2026
Yes
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 35.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 35.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 35.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Sep 5, 2023 | IBRD-89240 | Loan Disb | 3,353,493.20 |
| May 16, 2023 | IBRD-89240 | Int Charges | 82,105.99 |
| Feb 14, 2019 | IBRD-89240 | Loan Commitment | 35,000,000.00 |
| Nov 25, 2020 | IBRD-89240 | Int Charges | 3,352.03 |
| Nov 25, 2020 | IBRD-89240 | Int Charges | 42,089.10 |
| Nov 25, 2020 | IBRD-89240 | Int Charges | 16,225.60 |
| Nov 1, 2020 | IBRD-89240 | Int Charges | 277.14 |
| May 26, 2020 | IBRD-89240 | Loan Disb | 412,500.00 |
| Jun 16, 2020 | IBRD-89240 | Int Charges | 43,164.86 |
| Jun 16, 2020 | IBRD-89240 | Int Charges | 1,424.41 |
| Mar 24, 2020 | IBRD-89240 | Loan Disb | 1,067,750.00 |
| Dec 3, 2019 | IBRD-89240 | Int Charges | 34,452.83 |
| Dec 3, 2019 | IBRD-89240 | Int Charges | 1,073.89 |
| Jul 11, 2019 | IBRD-89240 | Loan Disb | 87,500.00 |
| Jul 11, 2019 | IBRD-89240 | Fee Charges | 87,500.00 |
| May 16, 2023 | IBRD-89240 | Int Charges | 39,485.59 |
| Mar 13, 2023 | IBRD-89240 | Loan Disb | 1,952,149.10 |
| Nov 1, 2022 | IBRD-89240 | Int Charges | 40,806.08 |
| Nov 1, 2022 | IBRD-89240 | Int Charges | 42,202.36 |
| May 9, 2022 | IBRD-89240 | Int Charges | 40,956.16 |
| May 9, 2022 | IBRD-89240 | Int Charges | 14,709.69 |
| Feb 22, 2022 | IBRD-89240 | Loan Disb | 1,053,514.10 |
| Nov 16, 2021 | IBRD-89240 | Int Charges | 42,133.80 |
| Nov 16, 2021 | IBRD-89240 | Int Charges | 12,099.54 |
| May 21, 2021 | IBRD-89240 | Int Charges | 41,408.66 |
| May 21, 2021 | IBRD-89240 | Int Charges | 12,138.75 |
| May 13, 2024 | IBRD-89240 | Int Charges | 27,397.67 |
| May 13, 2024 | IBRD-89240 | Int Charges | 34,212.64 |
| May 13, 2024 | IBRD-89240 | Int Charges | 464,699.56 |
| May 1, 2024 | IBRD-89240 | Int Charges | 1,309.24 |
| Nov 1, 2023 | IBRD-89240 | Int Charges | 15,898.52 |
| Nov 1, 2023 | IBRD-89240 | Int Charges | 655.17 |
| Nov 1, 2023 | IBRD-89240 | Int Charges | 31,877.98 |
| Nov 1, 2023 | IBRD-89240 | Int Charges | 296,342.10 |
| Jun 5, 2023 | IBRD-89240 | Loan Disb | 5,054,751.50 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Procurement | Moderately Unsatisfactory | 2024-09-03 |
| Monitoring and Evaluation | Satisfactory | 2024-09-03 |
| Overall Implementation Progress (IP) | Satisfactory | 2024-09-03 |
| Procurement | Moderately Satisfactory | 2024-09-03 |
| Project Management | Satisfactory | 2024-09-03 |
| Project Management | Satisfactory | 2024-09-03 |
| Financial Management | Satisfactory | 2024-09-03 |
| Overall Implementation Progress (IP) | Satisfactory | 2024-09-03 |
| Overall Safeguards Rating | Satisfactory | 2024-09-03 |
| Financial Management | Satisfactory | 2024-09-03 |
| Monitoring and Evaluation | Satisfactory | 2024-09-03 |
| Progress towards achievement of PDO | Moderately Satisfactory | 2024-09-03 |
| Overall Safeguards Rating | Satisfactory | 2024-09-03 |
| Progress towards achievement of PDO | Moderately Satisfactory | 2024-09-03 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.