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Accelerating Transport and Trade Connectivity in Eastern South Asia – Nepal Phase 1 Project

Abstract*

The development objective of First Phase of the Accelerating Transport and Trade Connectivity in Eastern South Asia Project is to increase the efficiency and resilience of trade and transport along selected corridors in Nepal. This project has four components. 1) The first component, Digital Systems for Trade, has the following sub-components: (i) Design, supply, development, installation, configuration, and testing of an electronic automated border...

* 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

The development objective is to increase the efficiency and resilience of trade and transport along selected corridors in Nepal.

Key Details

Project Details

  • P177902

  • Active

  • Amali Rajapaksa , Meerim Shakirova

  • Ministry of Finance

  • Nepal

  • October 26, 2021

  • (as of board presentation)

    June 28, 2022

  • February 10, 2023

  • US$ 305.00 million

  • Ministry of Forests and Environment,Ministry of Industry, Commerce and Supplies,Ministry of Physical Infrastructure and Transport

  • South Asia

  • 2022

  • US$ 275.00 million

  • N/A

  • January 30, 2024

  • July 15, 2028

  • TBD

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 275.00
Borrower/Recipient 30.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 275.00
IBRD + IDA Commitment 275.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 305.00

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

Download:
No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of January 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Mar 1, 2024 IDA-71590 Int Charges 138.45
Dec 7, 2023 IDA-71590 Loan Disb 51,304.23
Mar 12, 2024 IDA-71590 Loan Disb 303,003.38
Aug 27, 2024 IDA-71590 Loan Disb 7,741,335.50
Mar 13, 2024 IDA-71590 Loan Disb 27,585.78
Jun 18, 2024 IDA-71590 Loan Disb 109,828.60
Jun 28, 2022 IDA-71590 Loan Commitment 275,000,000.00
Dec 29, 2023 IDA-71590 Loan Disb 38,215.63
Mar 1, 2024 IDA-71590 Int Charges 138.45

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Project Management Moderately Satisfactory 2024-11-05
Progress towards achievement of PDO Satisfactory 2024-11-05
Financial Management Moderately Satisfactory 2024-11-05
Monitoring and Evaluation Moderately Satisfactory 2024-11-05
Procurement Moderately Satisfactory 2024-11-05
Overall Implementation Progress (IP) Moderately Unsatisfactory 2024-11-05

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Increased freight throughput at selected border pointsValue0.000.0015.00
    DateJune 16, 2022October 26, 2023June 30, 2028
    Comment
  • Reduction in travel time along the project corridorValue0.000.0030.00
    DateJune 16, 2022October 26, 2023June 30, 2028
    Comment
  • People provided with improved climate resilient road access along the project corridorValue0.000.001100000.00
    DateJune 16, 2022October 26, 2023June 30, 2028
    Comment
  • Reduction in vehicle operating costs along the project corridorValue0.000.0016.00
    DateJune 16, 2022October 26, 2023June 30, 2028
    Comment
  • Reduction in annual fatalities along the project corridorValue0.000.0020.00
    DateJune 16, 2022October 26, 2023June 30, 2028
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Automated Border Management System (ABMS) developedValue0.000.001.00
    DateJune 16, 2022October 26, 2023June 30, 2028
    Comment
  • Road upgraded to 4-lane climate-resilient standard along the EWHValue0.000.0069.00
    DateJune 16, 2022October 26, 2023June 30, 2028
    Comment
  • Motor Vehicle Agreement - priority actions implementedValue0.000.003.00
    DateJune 16, 2022October 26, 2023June 30, 2028
    Comment
  • Existing bridges upgraded to climate resilient standard and new climate resilient bridges constructedValue0.000.0037.00
    DateJune 16, 2022October 26, 2023June 30, 2028
    Comment
  • Training person-days completed (ex. ecological corridor concept, climate resilient construction measures, contract administration, and innovative designs)Value0.000.001000.00
    DateJune 16, 2022October 26, 2023June 30, 2028
    Comment
  • Green resilient urban bridge constructed at selected locationValue0.000.001.00
    DateJune 16, 2022October 26, 2023June 30, 2028
    Comment
  • Feasibility study for the development of laboratories or warehouses along the corridor completedValue0.000.002.00
    DateJune 16, 2022October 26, 2023June 30, 2028
    Comment
  • Green resilient highway corridor strategy approved and pilotedValue0.000.001.00
    DateJune 16, 2022October 26, 2023June 30, 2028
    Comment
  • New market spots held by women-owned businessesValue0.000.0050.00
    DateJune 16, 2022October 26, 2023June 30, 2028
    Comment
  • Increase in the road users satisfied with improvement made to the road infrastructureValue0.000.0020.00
    DateJune 16, 2022October 26, 2023June 30, 2028
    Comment
  • New women-owned enterprises established along the project corridor (through skills training)Value239.00239.00285.00
    DateJune 16, 2022April 19, 2023June 30, 2028
    Comment
  • Grievances received that are processed within the stipulated service standards (EWH)Value0.000.0080.00
    DateJune 16, 2022October 26, 2023June 30, 2028
    Comment