| 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 |
|---|---|---|
| Financial Management | Satisfactory | 2024-09-03 |
| Monitoring and Evaluation | Satisfactory | 2024-09-03 |
| Overall Implementation Progress (IP) | Satisfactory | 2024-09-03 |
| Project Management | Satisfactory | 2024-09-03 |
| Procurement | Moderately Unsatisfactory | 2024-09-03 |
| Project Management | Satisfactory | 2024-09-03 |
| Overall Safeguards Rating | Satisfactory | 2024-09-03 |
| Financial Management | Satisfactory | 2024-09-03 |
| Monitoring and Evaluation | Satisfactory | 2024-09-03 |
| Overall Implementation Progress (IP) | 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 |
| Procurement | Moderately Satisfactory | 2024-09-03 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Introduction of a risk-based maintenance system for the drainage of the Saramacca Canal System Value No No Yes Date February 14, 2019 February 5, 2024 December 31, 2024 Comment Number of people benefitting from reduced flood risk for a 10-year return period. Value 0.00 0.00 57000.00 Date February 14, 2019 February 5, 2024 December 31, 2024 Comment Client's capacity to withstand an emergency has been strengthened within one month after emergency occurrence Value No Yes Yes Date March 18, 2020 May 23, 2022 December 31, 2024 Comment Increased flood forecast lead time for the Saramacca Canal System Value 12.00 12.00 4.00 Date February 14, 2019 February 5, 2024 December 31, 2024 Comment Number of female beneficiaries benefitting from reduced flood risk for a 10-year return period. Value 0.00 0.00 0.00 Date Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Engineering design completed for the works for the improved capacity of the Saramacca Canal to discharge water into the Suriname and Saramacca Rivers Value No Yes Yes Date February 14, 2019 November 17, 2022 December 31, 2024 Comment Updated guidelines and operational procedures for managing flood control and navigation of the Saramacca Canal drainage system Value No Yes Yes Date February 14, 2019 November 17, 2022 December 31, 2024 Comment Number of hospitals supplied with protective gear to fight against the COVID19 pandemics Value 0.00 13.00 13.00 Date March 18, 2020 May 23, 2022 December 31, 2024 Comment Improved capacity of the Saramacca Canal to discharge water into the Suriname and Saramacca Rivers Value 38.00 38.00 100.00 Date July 25, 2018 June 14, 2023 December 31, 2024 Comment Endorsement of the feasibility study toward the establishment of a Saramacca Canal System management platform (or similar mechanismresponsible) for the system sustainability Value No No Yes Date July 25, 2018 February 5, 2024 December 31, 2024 Comment Improved functioning of the Saramacca Canal for navigation Value 2.00 2.00 12.00 Date July 25, 2018 February 5, 2024 December 31, 2024 Comment Area with increased drainage capacity for a 10-year return period Value 0.00 0.00 70.00 Date July 25, 2018 June 14, 2023 December 31, 2024 Comment Number of engaging information events on the implementation of the activities to improve the Saramacca Canal conveyance Value 0.00 9.00 5.00 Date February 14, 2019 June 14, 2023 December 31, 2024 Comment Number of beneficiaries consulted on the proposed project designs, associated environmental and social impacts, and envisaged mitigation measures Value 0.00 200.00 200.00 Date September 14, 2018 November 17, 2022 December 31, 2023 Comment Number of female beneficiaries consulted on the proposed project designs Value 0.00 0.00 30.00 Date Comment Secondary and Tertiary canal system baseline and prioritization for pilot works developed Value No Yes Yes Date February 14, 2019 November 17, 2022 December 31, 2024 Comment Interventions for the selected pilot works to improve localized drainage completed Value No No Yes Date February 14, 2019 February 5, 2024 December 31, 2024 Comment