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Abstract*

Through a combination of IBRD funding and counterpart financing, the proposed Project will support activities that will increase access to and realization of digital opportunity across Georgia, with a focus on rural areas. The Government has requested that the proposed Project include retroactive financing for eligible expenditures to accelerate Project preparation and implementation. Component 1: Increasing access to broadband This Component will...

* 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

To increase access to affordable broadband internet, and to promote its use by individuals and enterprises, in selected rural settlements.

Key Details

Project Details

  • P169698

  • Active

  • Himmat Singh Sandhu , Maria Pachon

  • Georgia

  • Georgia

  • October 22, 2019

  • (as of board presentation)

    August 28, 2020

  • December 28, 2020

  • US$ 80.00 million

  • Ministry of Finance,Open Net NNLE,Communications Commission,Ministry of Economy and Sustainable Development

  • Europe and Central Asia

  • 2021

  • US$ 80.00 million

  • N/A

  • March 3, 2024

  • December 31, 2025

  • Yes

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
EC: European Investment Bank 40.00
International Bank for Reconstruction and Development 40.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 40.00
IDA Commitment N/A
IBRD + IDA Commitment 40.00
Lending Instrument
Grant Amount 40.00
Total Project Cost** 80.00

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

Download:
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$)
Oct 15, 2022 IBRD-91610 Loan Disb 2,920,500.00
Apr 15, 2023 IBRD-91610 Loan Disb 6,082,175.00
Apr 15, 2023 IBRD-91610 Int Charges 76,967.16
Apr 15, 2023 IBRD-91610 Int Charges 16,587.75
Oct 15, 2023 IBRD-91610 Int Charges 32,887.96
Aug 28, 2020 IBRD-91610 Loan Commitment 40,000,000.00
Apr 15, 2023 IBRD-91610 Int Charges 4,590.29
Oct 15, 2023 IBRD-91610 Int Charges 14,968.11
Oct 15, 2023 IBRD-91610 Int Charges 9,824.11
Jun 21, 2024 IBRD-91610 Loan Disb 2,883,870.00
Mar 9, 2021 IBRD-91610 Loan Disb 416,640.00
Dec 28, 2020 IBRD-91610 Loan Disb 108,835.91
Dec 28, 2020 IBRD-91610 Fee Charges 108,835.91
Jul 27, 2022 IBRD-91610 Loan Disb 3,046,200.00
Apr 15, 2022 IBRD-91610 Int Charges 3,339.39
Apr 15, 2022 IBRD-91610 Int Charges 46,519.09
Apr 15, 2022 IBRD-91610 Loan Disb -1,080,900.00
Dec 2, 2021 IBRD-91610 Loan Disb 1,134,000.00
Oct 15, 2021 IBRD-91610 Int Charges 102.99
Oct 15, 2021 IBRD-91610 Int Charges 260.40
Oct 15, 2021 IBRD-91610 Int Charges 51,318.99
Apr 15, 2021 IBRD-91610 Loan Disb -525,540.70
Apr 15, 2021 IBRD-91610 Int Charges 48,621.49
Apr 15, 2021 IBRD-91610 Int Charges 278.71
Oct 15, 2022 IBRD-91610 Loan Disb -2,920,500.00
Oct 15, 2022 IBRD-91610 Int Charges 40,205.00
Oct 15, 2022 IBRD-91610 Int Charges 6,619.80
Nov 21, 2022 IBRD-91610 Loan Disb 2,558,625.00
Oct 15, 2023 IBRD-91610 Loan Disb -4,049,430.00
Oct 15, 2023 IBRD-91610 Int Charges 778.04
Sep 27, 2023 IBRD-91610 Loan Disb 2,532,960.00
Aug 3, 2023 IBRD-91610 Loan Disb 1,585,430.00
Mar 10, 2023 IBRD-91610 Loan Disb 3,177,000.00
Apr 15, 2023 IBRD-91610 Int Charges 39,530.00
Apr 15, 2023 IBRD-91610 Int Charges 37,414.59
Apr 15, 2023 IBRD-91610 Loan Disb -6,082,175.00
Apr 15, 2024 IBRD-91610 Loan Disb -4,795,650.00
Feb 16, 2024 IBRD-91610 Loan Disb 2,694,500.00
Apr 15, 2024 IBRD-91610 Int Charges 5,874.26
Apr 15, 2024 IBRD-91610 Int Charges 25,553.86
Apr 15, 2024 IBRD-91610 Int Charges 57,646.08
Aug 9, 2024 IBRD-91610 Loan Disb 1,159,833.90
Apr 15, 2024 IBRD-91610 Int Charges 315.34
Oct 20, 2023 IBRD-91610 Loan Disb 2,117,000.00
Apr 15, 2021 IBRD-91610 Loan Disb 525,540.70
Oct 15, 2021 IBRD-91610 Int Charges 4,819.85
Apr 15, 2022 IBRD-91610 Int Charges 4,486.73
Apr 15, 2022 IBRD-91610 Loan Disb 1,080,900.00
Oct 15, 2023 IBRD-91610 Int Charges 15,777.00
Oct 15, 2023 IBRD-91610 Int Charges 73,205.28
Oct 15, 2023 IBRD-91610 Int Charges 127,267.81
Oct 15, 2023 IBRD-91610 Loan Disb 4,049,430.00
Oct 15, 2023 IBRD-91610 Int Charges 4,365.94
Apr 15, 2024 IBRD-91610 Int Charges 74,172.72
Apr 15, 2024 IBRD-91610 Int Charges 128,949.72
Apr 15, 2024 IBRD-91610 Int Charges 4,423.64
Apr 15, 2024 IBRD-91610 Int Charges 15,985.50
Apr 15, 2024 IBRD-91610 Int Charges 98,470.68
Apr 15, 2024 IBRD-91610 Loan Disb 4,795,650.00
Oct 15, 2022 IBRD-91610 Int Charges 4,040.92
Oct 15, 2022 IBRD-91610 Int Charges 14,602.50

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Procurement Moderately Satisfactory 2024-12-23
Project Management Moderately Satisfactory 2024-12-23
Financial Management Satisfactory 2024-12-23
Progress towards achievement of PDO Moderately Satisfactory 2024-12-23
Monitoring and Evaluation Moderately Satisfactory 2024-12-23
Overall Implementation Progress (IP) Moderately Satisfactory 2024-12-23

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • People provided with broadband internet accessValue0.0066.00400.00
    DateOctober 1, 2020December 1, 2023December 31, 2025
    Comment
  • Reduction in unit price of broadband in connected rural settlementsValue0.000.0050.00
    DateOctober 1, 2020December 1, 2023December 31, 2025
    Comment
  • Share of individuals in connected rural settlements using the Internet for specific purposesValue24.0028.0050.00
    DateOctober 1, 2020December 1, 2023December 31, 2025
    Comment
  • Share of females in connected rural settlements using the Internet for specific purposesValue36.0041.0070.00
    DateOctober 1, 2020December 1, 2023December 31, 2025
    Comment
  • Share of persons with disabilities in connected rural settlements using the Internet for specific purposesValue0.000.0010.00
    DateOctober 1, 2020December 1, 2023December 31, 2025
    Comment
  • Share of enterprises in connected rural settlements using the Internet for specific purposesValue15.0015.0030.00
    DateOctober 1, 2020December 1, 2023December 31, 2025
    Comment
  • Share of women-owned enterprises in connected rural settlements using the Internet for specific purposesValue10.0010.0020.00
    DateOctober 1, 2020December 1, 2023December 31, 2025
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Length of fiber optic network cable deployed (route-km)Value0.00600.005000.00
    DateOctober 1, 2020March 31, 2023December 31, 2025
    Comment
  • Number of settlements covered by use-case promotion programValue0.0057.00500.00
    DateOctober 1, 2020March 31, 2023December 31, 2025
    Comment
  • Legal and regulatory instruments to foster competition and private investment in electronic communications markets adoptedValue0.000.003.00
    DateOctober 1, 2020March 31, 2023December 31, 2025
    Comment
  • Surveyed beneficiaries of activities offered in Subcomponents 2.2 and 2.3 who report that the activities were responsive to their needsValue0.00100.0080.00
    DateOctober 1, 2020March 31, 2023December 31, 2025
    Comment
  • Share of installed telecommunications equipment that is certified as energy efficientValue0.00100.0090.00
    DateOctober 1, 2020March 31, 2023December 31, 2025
    Comment
  • Of which, beneficiaries who are womenValue0.00100.0080.00
    DateOctober 1, 2020March 31, 2023December 31, 2025
    Comment
  • People provided with access to the InternetValue0.000.00300000.00
    DateOctober 1, 2020March 31, 2023December 31, 2025
    Comment
  • Of which, beneficiaries who are members of ethnic minoritiesValue0.000.0080.00
    DateOctober 1, 2020March 31, 2023December 31, 2025
    Comment
  • Of which, beneficiaries who are persons with disabilitiesValue0.000.0080.00
    DateOctober 1, 2020March 31, 2023December 31, 2025
    Comment
  • Number of people that benefitted from new access to Internet service.Value0.000.00200000.00
    DateOctober 1, 2020March 31, 2023December 31, 2025
    Comment
  • Number of beneficiaries of accessible technologies under Subcomponent 2.3Value0.000.001000.00
    DateOctober 1, 2020March 31, 2023December 31, 2025
    Comment
  • Number of people that benefitted from the improved Internet service.Value0.000.00100000.00
    DateOctober 1, 2020March 31, 2023December 31, 2025
    Comment