| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 600.00 |
| FRANCE: French Agency for Development | 75.00 |
Buenos Aires – Belgrano Sur Passenger Railway Line Modernization Project
Development Objective
To improve accessibility in the area of influence of the Belgrano Sur Line in an inclusive, safe, and environmentally sustainable manner; and to respond effectively in case of an Eligible Crisis or Emergency.
Key Details
Project Details
P178067
Closed
Veronica Raffo , Javier Morales Sarriera
Argentine Republic
December 3, 2021
(as of board presentation)
May 31, 2022
February 23, 2023
US$ 675.00 million
Secretariat of Transport of Argentina
2022
US$ 675.00 million
N/A
Moderate
January 31, 2025
Yes
BANK APPROVED
January 26, 2024
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 600.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 600.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | 75.00 |
| Total Project Cost** | 675.00 |
Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| May 31, 2022 | IBRD-93900 | Loan Commitment | 600,000,000.00 |
| Feb 15, 2024 | IBRD-93900 | Int Charges | 421.05 |
| Feb 15, 2024 | IBRD-93900 | Int Charges | 753,348.94 |
| Aug 15, 2024 | IBRD-93900 | Int Charges | 275.66 |
| Feb 15, 2024 | IBRD-93900 | Int Charges | 54,454.88 |
| Feb 15, 2024 | IBRD-93900 | Int Charges | 421.05 |
| Aug 15, 2024 | IBRD-93900 | Int Charges | 54,543.32 |
| Aug 15, 2024 | IBRD-93900 | Int Charges | 275.66 |
| Aug 15, 2024 | IBRD-93900 | Int Charges | 743,761.25 |
| Aug 23, 2023 | IBRD-93900 | Int Charges | 45,715.07 |
| Aug 23, 2023 | IBRD-93900 | Int Charges | 947,537.70 |
| Feb 23, 2023 | IBRD-93900 | Loan Disb | 1,500,000.00 |
| Feb 23, 2023 | IBRD-93900 | Fee Charges | 1,500,000.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Progress towards achievement of PDO | Moderately Unsatisfactory | 2025-01-16 |
| Overall Implementation Progress (IP) | Unsatisfactory | 2025-01-16 |
| Monitoring and Evaluation | Satisfactory | 2025-01-16 |
| Procurement | Satisfactory | 2025-01-16 |
| Project Management | Satisfactory | 2025-01-16 |
| Financial Management | Satisfactory | 2025-01-16 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Social fare passengers per day on the Belgrano Sur Line Value 15522.00 15522.00 15729.00 Date Comment Railway incidents and accidents per million train-km linked to safety issues on the Belgrano Sur Line Value 58.00 58.00 25.00 Date December 31, 2021 October 16, 2023 December 31, 2027 Comment Annual GHG emissions savings Value 0.00 0.00 19000.00 Date March 30, 2022 October 16, 2023 December 31, 2027 Comment Jobs in AMBA accessible by public transport from the area of influence of the Belgrano Sur Line in less than 90 minutes Value 48.20 48.20 52.20 Date December 31, 2021 October 16, 2023 December 31, 2027 Comment Passengers per day on the Belgrano Sur Line Value 51740.00 51740.00 54559.00 Date December 31, 2021 October 16, 2023 December 31, 2027 Comment Female passengers per day on the Belgrano Sur Line Value 18109.00 18109.00 18351.00 Date Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Belgrano Sur Line users satisfied with overall railway service Value 90.00 90.00 97.00 Date December 31, 2021 October 16, 2023 December 31, 2027 Comment Average travel time between terminal stations on the Belgrano Sur Line, differentiated by branch Value 0.00 0.00 0.00 Date December 31, 2021 October 16, 2023 December 31, 2027 Comment Average travel time between González Catán and Sáenz stations Value 54.00 54.00 0.00 Date Comment Female Belgrano Sur Line users satisfied with overall railway Value 92.00 92.00 92.00 Date Comment Average travel time between Marinos del Crucero General Belgrano and Sáenz stations Value 69.00 69.00 0.00 Date Comment Male Belgrano Sur Line users satisfied with overall railway Value 89.00 89.00 89.00 Date Comment Transport demand model updated Value No No Yes Date December 31, 2021 October 16, 2023 December 31, 2027 Comment Trains per peak hour on the Belgrano Sur line (trunk line) Value 4.40 4.40 8.60 Date December 31, 2021 October 16, 2023 December 31, 2027 Comment Transit-oriented development concepts incorporated in the design of intervened stations on the Belgrano Sur Line Value 0.00 0.00 52.00 Date December 31, 2021 October 16, 2023 December 31, 2027 Comment Trains per peak hour on the González Catán branch Value 3.00 3.00 0.00 Date Comment Methodological guidelines on railway infrastructure climate resilience developed Value No No Yes Date December 31, 2021 October 16, 2023 December 31, 2027 Comment Trains per peak hour on the Marinos del Crucero branch Value 1.40 1.40 0.00 Date Comment Technical internship program targeting female professionals implemented Value No No Yes Date March 31, 2022 October 16, 2023 December 31, 2027 Comment OPEX on the Belgrano Sur Line per car-km Value 9.80 9.80 6.30 Date December 31, 2021 October 16, 2023 December 31, 2027 Comment Direct and indirect beneficiaries having enhanced access to railway transport services as a result of interventions supported by the World Bank Group Value 0.00 0.00 3237.00 Date December 31, 2021 October 16, 2023 December 31, 2027 Comment Intervened stations on the Belgrano Sur Line that involved stakeholder consultation and incorporated feedback Value 0.00 0.00 100.00 Date December 31, 2021 October 16, 2023 December 31, 2027 Comment Physical Progress of track and signaling works in the segment Tapiales-Gonzalez Catán Value 0.00 0.00 100.00 Date December 31, 2021 October 16, 2023 December 31, 2027 Comment Length of rail track on the Belgrano Sur Line reconditioned to climate resilience standards Value 0.00 0.00 38.00 Date December 31, 2021 October 16, 2023 December 31, 2027 Comment Stations and station surroundings upgraded on the Belgrano Sur Line Value 0.00 0.00 21.00 Date December 31, 2021 October 16, 2023 December 31, 2027 Comment Stations intervened with gender sensitive designs on the Belgrano Sur Line Value 0.00 0.00 100.00 Date December 31, 2021 October 16, 2023 December 31, 2027 Comment Intervened stations on the Belgrano Sur Line with accessibility for persons with disabilities Value 0.00 0.00 100.00 Date December 31, 2021 October 16, 2023 December 31, 2027 Comment Upgraded stations on the Belgrano Sur Line which benefited from a road safety audit Value 0.00 0.00 100.00 Date December 31, 2021 October 16, 2023 December 31, 2027 Comment Grade separation of railway crossings completed Value 0.00 0.00 10.00 Date December 31, 2021 October 16, 2023 December 31, 2027 Comment Physical progress of railway electrification, including transformer station Value 0.00 0.00 100.00 Date December 31, 2021 October 16, 2023 December 31, 2027 Comment