| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 300.00 |
| Borrower/Recipient | 9.50 |
Philippines Seismic Risk Reduction and Resilience Project
Abstract*
The proposed project has four components, namely:
Component 1. Improving Multi-hazard Resilience of Public Buildings and Facilities
This component will finance seismic retrofitting and relevant strengthening/upgrades of public buildings to reduce damage from natural hazards (earthquakes and other adverse geophysical and climate-related events). Specifically, it is proposed that this component will invest in maximizing the number of beneficiaries... Show More
Development Objective
The Project Development Objectives are to enhance: (i) the safety and seismic resilience of selected public buildings in Metro Manila, and (ii) the capacity of the DPWH to prepare for and respond to emergencies.
Key Details
Project Details
P171419
Active
Robert Reid , Sarah Antos
Republic of the Philippines
November 15, 2019
(as of board presentation)
June 2, 2021
October 27, 2021
US$ 309.50 million
Department of Public Works and Highways
2021
US$ 300.00 million
N/A
Substantial
June 30, 2026
TBD
BANK APPROVED
December 18, 2023
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 300.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 300.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 309.50 |
Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Sep 15, 2023 | IBRD-92510 | Int Charges | 10,479.45 |
| Mar 15, 2022 | IBRD-92510 | Int Charges | 263,013.70 |
| Jun 2, 2021 | IBRD-92510 | Loan Commitment | 300,000,000.00 |
| Sep 15, 2023 | IBRD-92510 | Int Charges | 340,273.97 |
| Sep 15, 2023 | IBRD-92510 | Int Charges | 952,251.44 |
| Jan 23, 2023 | IBRD-92510 | Loan Disb | 30,000,000.00 |
| Mar 15, 2023 | IBRD-92510 | Int Charges | 361,438.38 |
| Mar 15, 2024 | IBRD-92510 | Int Charges | 15,392.24 |
| Mar 15, 2024 | IBRD-92510 | Int Charges | 330,985.40 |
| Mar 15, 2024 | IBRD-92510 | Int Charges | 414,108.50 |
| Jan 16, 2024 | IBRD-92510 | Loan Disb | 11,859,460.00 |
| Dec 21, 2023 | IBRD-92510 | Loan Disb | 751,699.25 |
| Nov 24, 2023 | IBRD-92510 | Loan Disb | -30,000,000.00 |
| Nov 24, 2023 | IBRD-92510 | Loan Disb | 30,000,000.00 |
| Mar 15, 2024 | IBRD-92510 | Int Charges | 524,533.30 |
| Sep 15, 2022 | IBRD-92510 | Int Charges | 378,082.20 |
| Dec 17, 2021 | IBRD-92510 | Fee Charges | 750,000.00 |
| Sep 15, 2023 | IBRD-92510 | Int Charges | 253,258.44 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Financial Management | Moderately Satisfactory | 2025-05-02 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2025-05-02 |
| Progress towards achievement of PDO | Moderately Satisfactory | 2025-05-02 |
| Procurement | Moderately Unsatisfactory | 2025-05-02 |
| Monitoring and Evaluation | Satisfactory | 2025-05-02 |
| Project Management | Moderately Satisfactory | 2025-05-02 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Targeted public buildings with reduced vulnerability to seismic and other natural hazards (including climate-related impacts) Value 0.00 0.00 425.00 Date October 19, 2020 December 7, 2023 June 30, 2026 Comment DPWH well equipped and organized to perform its responsibilities per the requirements of the Metro Manila Earthquake Contingency Plan (Oplan Metro Yakal Plus, OMYP) Value No No Yes Date October 19, 2020 December 7, 2023 June 30, 2026 Comment Direct beneficiaries with increased safety from retrofitted buildings (disaggregated by gender) Value 0.00 0.00 290000.00 Date October 19, 2020 December 7, 2023 June 30, 2026 Comment DPWH staff achieve minimum standards in operational readiness for emergency preparedness and response per its mandate under the relevant multi-hazard national response plans Value 0.00 0.00 600.00 Date October 19, 2020 December 7, 2023 June 30, 2026 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
CERC established and ready to provide access to financial resources in case of an eligible crisis or emergency (including climate- and health-related events) Value No Yes Yes Date October 19, 2020 May 15, 2023 June 30, 2026 Comment Detailed engineering designs incorporating relevant multi-hazard resilience measures Value 0.00 0.00 425.00 Date October 23, 2020 December 7, 2023 June 30, 2026 Comment Emergency response plans developed and exercised to quickly and effectively respond to disasters (including climate- and health-related events) Value 0.00 0.00 4.00 Date October 19, 2020 December 7, 2023 June 30, 2026 Comment Consultations/Information meetings on disaster risk reduction interventions organized at facility level Value 0.00 0.00 425.00 Date October 22, 2020 May 15, 2023 June 30, 2026 Comment Buildings retrofitted Value 0.00 0.00 425.00 Date October 19, 2020 December 7, 2023 June 30, 2026 Comment Emergency response equipment for transportation and mobility restoration (identified in Oplan Metro Yakal Plus) commissioned and operational Value 0.00 94.00 70.00 Date October 19, 2020 December 7, 2023 June 30, 2026 Comment People reached per facility with disaster risk reduction information meetings (disaggregated by gender) Value 0.00 0.00 70.00 Date October 19, 2020 December 7, 2023 June 30, 2026 Comment Mobile Emergency Operation Centers commissioned and operational Value 0.00 0.00 5.00 Date October 19, 2020 December 7, 2023 June 30, 2026 Comment Citizens per facility who have enhanced understanding of the disaster risk reduction interventions as reflected in the survey assessment (disaggregated by gender) Value 0.00 0.00 60.00 Date October 22, 2020 December 7, 2023 June 30, 2026 Comment DPWH staff are trained and exercised in plans, procedures and emergency response operations (including addressing gendered needs), disaggregated by gender Value 0.00 0.00 600.00 Date October 19, 2020 December 7, 2023 June 30, 2026 Comment DPWH emergency planning and response team members who are women Value 9.60 0.00 15.00 Date October 19, 2020 December 7, 2023 June 30, 2026 Comment