The World Bank Third Regional Development Project (P150696) REPORT NO.: RES30089 RESTRUCTURING PAPER ON A PROPOSED PROJECT RESTRUCTURING OF THIRD REGIONAL DEVELOPMENT PROJECT APPROVED ON JULY 1, 2015 TO REPUBLIC OF GEORGIA URBAN, RESILIENCE AND LAND EUROPE AND CENTRAL ASIA Regional Vice President: Cyril E Muller Country Director: Sebastian-A Molineus Regional Director: Steven N. Schonberger Practice Manager/Manager: David N. Sislen Task Team Leader: Rosanna Nitti, Vica Rosario Bogaerts The World Bank Third Regional Development Project (P150696) ABBREVIATIONS AND ACRONYMS The World Bank Third Regional Development Project (P150696) Note to Task Teams: The following sections are system generated and can only be edited online in the Portal. BASIC DATA Product Information Project ID Financing Instrument P150696 Investment Project Financing Original EA Category Current EA Category Partial Assessment (B) Partial Assessment (B) Approval Date Current Closing Date 01-Jul-2015 31-Dec-2019 Organizations Borrower Responsible Agency Georgia Municipal Development Fund,Ministry of Republic of Georgia Finance Project Development Objective (PDO) Original PDO The Project Development Objective is to improve infrastructure services and institutional capacity to support increased contribution of tourism in the local economy of the Samtskhe-Javakheti and Mtskheta-Mtianeti regions. OPS_TABLE_PDO_CURRENTPDO Summary Status of Financing Net Ln/Cr/Tf Approval Signing Effectiveness Closing Commitment Disbursed Undisbursed IBRD-84940 01-Jul-2015 07-Aug-2015 15-Oct-2015 31-Dec-2019 60.00 18.52 41.48 Policy Waiver(s) Does this restructuring trigger the need for any policy waiver(s)? No The World Bank Third Regional Development Project (P150696) Note to Task Teams: End of system generated content, document is editable from here. I. PROJECT STATUS AND RATIONALE FOR RESTRUCTURING Note: Formatting instructions for this document. A. Header 1. [All sub-sections must have a continuous paragraph numbering for the entire main text or for each annex per institutional standard.] (a) This is the sub-para numbering for this level. This is the sub-para numbering for this level. This is the sub-para numbering for this level. (i) This is the sub-para numbering for this level. This is the sub-para numbering for this level. (ii) This is the sub-para numbering for this level. This is the sub-para numbering for this level. (iii) This is the sub-para numbering for this level. This is the sub-para numbering for this level. II. DESCRIPTION OF PROPOSED CHANGES Note: Formatting instructions for this document. B. Header 1. [All sub-sections must have a continuous paragraph numbering for the entire main text or for each annex per institutional standard.] (b) This is the sub-para numbering for this level. This is the sub-para numbering for this level. This is the sub-para numbering for this level. (iv) This is the sub-para numbering for this level. This is the sub-para numbering for this level. (v) This is the sub-para numbering for this level. This is the sub-para numbering for this level. (vi) This is the sub-para numbering for this level. This is the sub-para numbering for this level. The World Bank Third Regional Development Project (P150696) Note to Task Teams: The following sections are system generated and can only be edited online in the Portal. III. SUMMARY OF CHANGES Changed Not Changed Results Framework ✔ Loan Closing Date(s) ✔ Disbursement Estimates ✔ Implementation Schedule ✔ Implementing Agency ✔ DDO Status ✔ Project's Development Objectives ✔ Components and Cost ✔ Cancellations Proposed ✔ Reallocation between Disbursement Categories ✔ Disbursements Arrangements ✔ Overall Risk Rating ✔ Safeguard Policies Triggered ✔ EA category ✔ Legal Covenants ✔ Institutional Arrangements ✔ Financial Management ✔ Procurement ✔ Other Change(s) ✔ Economic and Financial Analysis ✔ Technical Analysis ✔ Social Analysis ✔ Environmental Analysis ✔ The World Bank Third Regional Development Project (P150696) IV. DETAILED CHANGE(S) OPS_DETAILEDCHANGES_LOANCLOSING_TABLE LOAN CLOSING DATE(S) Original Revised Proposed Proposed Deadline Ln/Cr/Tf Status Closing Closing(s) Closing for Withdrawal Applications IBRD-84940 Effective 31-Dec-2019 31-Dec-2022 30-Apr-2023 OPS_DETAILEDCHANGES_DISBURSEMENT_TABLE DISBURSEMENT ESTIMATES Change in Disbursement Estimates Yes Year Current Proposed 2016 5,000,000.00 5,000,000.00 2017 10,000,000.00 7,000,000.00 2018 20,000,000.00 8,000,000.00 2019 25,000,000.00 10,000,000.00 2020 0.00 7,000,000.00 2021 0.00 10,000,000.00 2022 0.00 13,000,000.00 2023 0.00 0.00 . The World Bank Third Regional Development Project (P150696) . Results framework COUNTRY: Georgia Third Regional Development Project Project Development Objectives(s) The Project Development Objective is to improve infrastructure services and institutional capacity to support increased contribution of tourism in the local economy of the Samtskhe-Javakheti and Mtskheta-Mtianeti regions. Project Development Objective Indicators by Objectives/ Outcomes RESULT_FRAME_TBL_PDO Indicator Name DLI Baseline End Target Infrastructure Investment (Action: This Objective is New) Increased number of hours per day of piped water services in 8.00 18.00 project areas (Number) Action: This indicator has been Marked for Deletion Number of jobs created by activities linked to support tourism 63,787.00 81,410.00 industry (gender disaggregated) (Number) Action: This indicator has been Revised Increased annual number of visitors at Project sites (Percentage) 0.00 25.00 Action: This indicator has been Revised Number of people in urban areas provided with access to all- season roads within a 500 meter range under the project 0.00 1,280.00 (Number) Action: This indicator has been Marked for Deletion New or rehabilitated urban public spaces in selected 0.00 277,877.00 municipalities (Square Meter(m2)) The World Bank Third Regional Development Project (P150696) RESULT_FRAME_TBL_PDO Indicator Name DLI Baseline End Target Action: This indicator is New Increased volume of private sector investments in targeted 0.00 30.00 areas. (Amount(USD)) Action: This indicator has been Revised Institutional Development (Action: This Objective is New) Number of functioning destination organizations in the project 0.00 2.00 area. (Number) Action: This indicator has been Revised PDO Table SPACE Intermediate Results Indicators by Components RESULT_FRAME_TBL_IO Indicator Name DLI Baseline End Target Infrastructure Investment (Action: This Component is New) Direct project beneficiaries (Number) 0.00 120,000.00 Action: This indicator has been Revised Female beneficiaries (Number) 0.00 60,000.00 Action: This indicator has been Revised Grievances registered related to delivery of project benefits 0.00 100.00 addressed (Percentage) Action: This indicator has been Revised Grievances responded to and/or resolved within one month of 0.00 100.00 being filed (Percentage) The World Bank Third Regional Development Project (P150696) RESULT_FRAME_TBL_IO Indicator Name DLI Baseline End Target Action: This indicator has been Revised Production and distribution of new maps based on geo-tourism 0.00 20,000.00 database (Number) Action: This indicator has been Marked for Deletion Number of museums refurbished (Number) 0.00 3.00 Action: This indicator has been Revised Percentage of households in Project areas with home-based 16.50 19.80 economic activities (Percentage) Action: This indicator has been Marked for Deletion Number of tourism facilities constructed at cultural heritage sites 0.00 8.00 along the tourist circuit (Number) Action: This indicator has been Revised Increased hotel beds in circuit areas (Number) 10,939.00 15,277.00 Action: This indicator has been Marked for Deletion Piped household water connections that are benefiting from 0.00 420.00 rehabilitation works undertaken by the project (Number) Action: This indicator has been Revised Improved access roads to selected tourism attraction sites 0.00 35.00 (Kilometers) Action: This indicator has been Revised Number of houses restored (Number) 0.00 58.00 Action: This indicator has been Revised Number of street lighting posts and bulbs replaced (Number) 0.00 760.00 The World Bank Third Regional Development Project (P150696) RESULT_FRAME_TBL_IO Indicator Name DLI Baseline End Target Action: This indicator has been Revised Number of Parks upgraded (Number) 0.00 4.00 Action: This indicator has been Revised Increased number of tourism related enterprises (e.g., souvenir and handcraft shops, family and guest houses, restaurants, 189.00 240.00 museums,etc.). (Number) Action: This indicator has been Marked for Deletion Institutional Development (Action: This Component is New) Number of beneficiaries of skills development training provided 0.00 467.00 by the Project, disaggregated by gender (Number) Action: This indicator has been Revised IO Table SPACE The World Bank Third Regional Development Project (P150696) Note to Task Teams: End of system generated content, document is editable from here. Please delete this note when finalizing the document