The World Bank Implementation Status & Results Report Framework Development and Infrastructure Financing to Support Public-Private Partnerships Project (P163864) Framework Development and Infrastructure Financing to Support Public-Private Partnerships Project (P163864) SOUTH ASIA | Sri Lanka | Transport Global Practice | IBRD/IDA | Investment Project Financing | FY 2019 | Seq No: 2 | ARCHIVED on 02-Dec-2019 | ISR39239 | Implementing Agencies: Democratic Socialist Republic of Sri Lanka, Ministry of Finance and Mass Media Key Dates Key Project Dates Bank Approval Date: 21-Feb-2019 Effectiveness Date: 12-Jun-2019 Planned Mid Term Review Date: -- Actual Mid-Term Review Date: Original Closing Date: 28-Feb-2024 Revised Closing Date: 28-Feb-2024 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) The Project Development Objective is to support the preparation of Public-Private Partnerships that will enable the Government of Sri Lanka to facilitate private sector financing for the development of its priority infrastructure and services. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Components Table Name Improving the Enabling Environment:(Cost $2.50 M) Preparation of Selected, Prioritized, Proposed PPP Transactions:(Cost $19.34 M) Project Management:(Cost $4.50 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Satisfactory Moderately Satisfactory Overall Implementation Progress (IP) Moderately Satisfactory Moderately Satisfactory Overall Risk Rating Substantial Substantial Implementation Status and Key Decisions The National Agency for Public-Private Partnerships (NAPPP) is continuing to support the line Ministries/agencies to move forward the identified PPP transactions. Support provided by NAPPP includes, among others, assistance in carrying out necessary due diligence, assessing financial viability and fiscal impact of transactions, legal assistance and structuring of transactions. 12/2/2019 Page 1 of 5 The World Bank Implementation Status & Results Report Framework Development and Infrastructure Financing to Support Public-Private Partnerships Project (P163864) Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance High High High Macroeconomic Moderate Moderate Moderate Sector Strategies and Policies Moderate Moderate Moderate Technical Design of Project or Program Moderate Moderate Moderate Institutional Capacity for Implementation and Sustainability Substantial Substantial Substantial Fiduciary Substantial Substantial Moderate Environment and Social Substantial Substantial Substantial Stakeholders Moderate Moderate Moderate Other -- -- -- Overall Substantial Substantial Substantial Results PDO Indicators by Objectives / Outcomes PDO results indicators IN00764766 ►Feasibility studies or project designs completed for at least five (5) PPP transactions with the assistance of the project (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 5.00 Date 02-Apr-2018 15-May-2019 05-Nov-2019 28-Feb-2024 A Feasibility Study is a pre-requisite to obtain financing from the private sector. All feasibility studies Comments: supported under the project will also include environmental, social and gender analysis. IN00764767 ►Transaction advisory services provided for at least four (4) PPP transactions with the assistance of the project (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 4.00 Date 02-Apr-2018 15-May-2019 05-Nov-2019 28-Feb-2024 The PPP transaction will be structured with appropriate risk allocation producing a concession agreement Comments: addressing all technical, financial and legal aspects of the transactions. IN00764768 ►Commercial closure of at least three (3) PPP transactions with the assistance of the project (Number, Custom) 12/2/2019 Page 2 of 5 The World Bank Implementation Status & Results Report Framework Development and Infrastructure Financing to Support Public-Private Partnerships Project (P163864) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 3.00 Date 02-Apr-2018 15-May-2019 05-Nov-2019 28-Feb-2024 Award of the transaction with commercial closure where the Government has followed its own PPP Comments: Procurement guidelines in issuing RFP, selection of the developer and carrying out negotiations. Intermediate Results Indicators by Components Improving the Enabling Environment IN00764769 ►Capacity building workshops that focus on the project cycle, screening and scoring tool, structure of concession agreements (number) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 4.00 Date 02-Apr-2018 15-May-2019 05-Nov-2019 28-Feb-2024 Workshops to create awareness within the public and private sectors on PPPs that will include project Comments: cycle, screening and scoring tool, procurement guidelines, structure of concession agreements, managing fiscal and contingent liabilities as well as addressing contractual issues related to specific sectors. IN00764772 ►At least 20% of the Government staff who will be PPP certified will be female (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 76.00 76.00 20.00 Date 02-Apr-2018 15-May-2019 05-Nov-2019 28-Feb-2024 Comments: The percentage of female Government staff including staff of NAPPP who will be PPP certified IN00764773 ►Stakeholder engagement for the implementation of the Communications strategy (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 3.00 Date 02-Apr-2018 15-May-2019 05-Nov-2019 29-Sep-2020 Stakeholder engagement for the implementation of the Communications strategy to be carried through Comments: consultations. IN00764774 ►Number of PPP nodes established in participating Line Agencies or Ministries (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 3.00 Date 02-Apr-2018 15-May-2019 05-Nov-2019 28-Feb-2024 Comments: PPP nodes are established within the Line agencies by which the PPP transactions are carried out. 12/2/2019 Page 3 of 5 The World Bank Implementation Status & Results Report Framework Development and Infrastructure Financing to Support Public-Private Partnerships Project (P163864) Preparation of Selected, Prioritized, Proposed PPP Transactions IN00764771 ►Number of Environmental and Social Asessments completed (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 3.00 Date 02-Apr-2018 15-May-2019 05-Nov-2019 28-Feb-2024 The envoronmnetal and social assessment is a pre requisite to establish the feasibility of a project that is Comments: carried out independently of the feasibility study. Project Management IN00764770 ►NAPPP includes a social specialist with gender expertise in the team (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Social and gender Social and gender One social specialist No social specialist with specialist is in the specialist is in the with strong expertise Value gender expertise in the process of being process of being on gender engaged in NAPPP team recruited recruited the NAPPP team Date 02-Apr-2018 15-May-2019 05-Nov-2019 31-Mar-2019 A social specialist with strong expertise on gender to be included within the NAPPP team to create gender Comments: awareness within stakeholders and integrate gender issues into PPP transactions Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P163864 IBRD-89070 Effective USD 25.00 25.00 0.00 3.45 21.55 14% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P163864 IBRD-89070 Effective 21-Feb-2019 11-Apr-2019 12-Jun-2019 28-Feb-2024 28-Feb-2024 Cumulative Disbursements 12/2/2019 Page 4 of 5 The World Bank Implementation Status & Results Report Framework Development and Infrastructure Financing to Support Public-Private Partnerships Project (P163864) Restructuring History There has been no restructuring to date. Related Project(s) There are no related projects. 12/2/2019 Page 5 of 5