The World Bank 1818 H Street N.W. (202) 477-1234 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT Washington, D.C. 20433 Cable Address: INTBAFRAD INTERNATIONAL DEVELOPMENT ASSOCIATION U.S.A. Cable Address: INDEVAS OFFICIAL DOCUMENTS { ,2018 H.E. Henri Yav Mulang Minister of Finance Ministry of Finance B.P. 12997 Blvd. du 30 juin Kinshasa/Gombe Democratic Republic of the Congo Democratic Republic of Congo: Western Growth Poles Project Grant Number H860-ZR Amendment to the Financing Agreement Excellency: We refer to the Financing Agreement dated July 22, 2013, between the Democratic Republic of Congo (the "Recipient") and the International Development Association (the "Association"), as amended, the "Agreement"). We also refer to your letter dated May 22, 2017, requesting certain amendments to the Agreement. We are pleased to inform you that the Association concurs to your request; we hereby propose to amend the Agreement as follows: 1. Part 2.3 of Schedule 2 is deleted and replaced with the following: "supporting the development of a fence in the selected area inside the Maluku Special Economic Zone for approximately 210 hectares." 2. Section I.A.4 of Schedule 2 is deleted and replaced with the following: "Special Economic Zone Agency (AZES, ministry in charge of industry). (a) The Recipient's ministry in charge of industry shall ensure implementation of Part 2 of the Project. To this end, the Recipient shall establish, and thereafter maintain, AZES which shall be responsible for the coordination and supervision of the activities under Part 2 (provided that until AZES has been established in form and substance acceptable to the Association, the existing Special Economic Zone Support Unit (CAZES) of Recipient's ministry in charge of industry shall assume such responsibilities). (b) No later than 6 months of Signature Date, AZES has been established and is fully operational (with staff and resources necessary therefor), in form and substance acceptable to the Association; (c) No later than 6 months of Signature Date, a legal and regulatory framework in respect of the special economic zone of Maluku in form and substance acceptable to the Association has been adopted by the Recipient. H.E. Henri Yav Mulang -2- February 8, 2018 Minister of Finance 3. The Withdrawal Table under Section IV.A of Schedule 2 is deleted and replaced with the following: Category Amount of the Percentage of Financing Allocated Expenditures to be (expressed in SDR) financed (inclusive of Taxes) (1) Goods, works, non-consulting 66,272,727 100% services, consultants' services, Training and Operating Costs under Parts 1, 2.1, 2.2, 3.2, 3.3, 4.1 and 4.2 of the Project. (2) Works under Parts 2.3 of the 1,988,182 100% Project. (3) PDF Grants for goods, works, 2,650,909 100% of amount non-consulting services, Operating disbursed Costs, consultants' services and Training under Part 3.1 of the Project. (4) Refund of Preparation Advance 342,972 Amount payable pursuant to Section 2.07 of the General Conditions (5) Unallocated 1,645,210 TOTAL AMOUNT 72,900,000 4. Section IV.B.(1)b of Schedule 2 of the Financing Agreement is deleted and replaced with the following: "(b) for payments under Category (2), unless and until evidence has been furnished to the Association that the conditions below have been satisfied in form and substance acceptable to the Association: (i) the Recipient has implemented the Maluku RAP in form and substance acceptable to the Association." All provisions of the Financing Agreement which are not expressly modified in accordance with this letter remain unchanged. H.E. Henri Yav Mulang -3- February 8, 2018 Minister of Finance Please indicate your agreement with the foregoing, by countersigning and dating the two original copies of this letter and returning one countersigned original copy to the Association. Upon receipt by the Association of said original countersigned by the authorized representative of the Recipient and dated, this amendment shall become effective as of the date of countersignature of this letter. Sincerely, Franck Bousquet Country Director for DRC, p.i. Africa Region CONFIRMED: DEMOCRATIC PUBLIC OF CGO By: u onzed Representative Date:. 5Kr ,4~~ H.E. Henri Yav Mulang -4- February 8, 2018 Minister of Finance Bec: F. Bousquet, L. Debroux, V Okito, J. Kashoshi, M Rossanaly (AFCC2); D. Umali-Deininger, A. O. Ba, N. Kaoues, S. K Mbago, M. L. Sow (GFA07); L Thiam, M De Marigny, I. Meka (WFAFO); Saba Nabeel Gheshan (LEGAM); C Tukeba, Lanssina Traore, C. A. T Traore (GGODR); F. T. Venayen (GGOAC); Yisgedullish Amde, Amina Temanda (AFCCD); A. T Traore, G. Akinci (GFCAI); J. N. Mukungu, A. Gadiere (GEN07); L. M. M'Baipor (GSUOJ); M. Scheuermaier (CSAPA); G. K Kindoki (GGOPF); WBDocs Files (P124720).