The World Bank Report No: ISR14569 Implementation Status & Results Peru Cusco Transport Improvement Project (P132505) Public Disclosure Copy Operation Name: Cusco Transport Improvement Project (P132505) Project Stage: Implementation Seq.No: 1 Status: ARCHIVED Archive Date: 01-Jul-2014 Country: Peru Approval FY: 2014 Product Line: IBRD/IDA Region: LATIN AMERICA AND CARIBBEAN Lending Instrument: Investment Project Financing Implementing Agency(ies): COPESCO Key Dates Board Approval Date 28-Feb-2014 Original Closing Date 30-Jun-2019 Planned Mid Term Review Date 01-Jun-2017 Last Archived ISR Date Effectiveness Date Revised Closing Date 30-Jun-2019 Actual Mid Term Review Date Project Development Objectives Project Development Objective (from Project Appraisal Document) The overall PDO is to improve mobility in the east-west corridor of Cusco Provincial Municipality (San Jeronimo – Distrito de Cusco). Has the Project Development Objective been changed since Board Approval of the Project? Yes No Component(s) Component Name Component Cost Component 1: Integral Improvement of the Via Expresa Avenue of Cusco Provincial Municipality (US 143.00 $143 million, of which US$112.7 mill ion is Bank-financed) Component 2: Improvement of Mobility in Cusco Provincial Municipality (US3.6 million, of which 3.60 US.3.0 million is Bank-financed) Component 3: Institutional Strengthening and Monitoring and Evaluation (US$ 4.6 million, of which 4.60 US$4.3 million is Bank-financed) Component 4: Project management (US$ 1.4 million). This amount is financed by local counterpart 1.40 Public Disclosure Copy contributions Overall Ratings Previous Rating Current Rating Progress towards achievement of PDO Satisfactory Overall Implementation Progress (IP) Satisfactory Overall Risk Rating Substantial Implementation Status Overview The Project was approved by the Board on February 28th, 2014. The Regional Congress of Cusco approved the Loan on March 19th, 2014. In April Cusco is sending the documents Page 1 of 4 The World Bank Report No: ISR14569 to MEF, which will allow the signing of the Loan Agreement, however MEF reviewed and returned them to COPESCO. It is expected that the loan could be signed in July, 2014. Copesco, the implementing agency is preparing in coordination with the Bank the Operational Manual, and making all the arrangements for project implementation. This activities are being done also in coordination with the PRODER Project, which is being prepare in parallel with the Urban Unit Public Disclosure Copy Locations Country First Administrative Division Location Planned Actual Peru Cusco Provincia de Cusco ✔ Results Project Development Objective Indicators Indicator Name Core Unit of Measure Baseline Current End Target 1. Travel times for east-west commuting Minutes Value 37.00 37.00 31.00 trips in the city of Cusco (minutes, origin- Date 02-Dec-2013 01-May-2014 30-Jun-2019 destinations either in San Jeronimo, San Comments Average Travel time No works reported since loan Average reduction in travel Sebastian, Wanchaq and Distrito de Cusco) is not effective yet. time: 6 min 2. Available, efficiency-oriented and Number Value 8.00 8.00 20.00 regulated public transport capacity along the Date 02-Dec-2013 01-May-2014 30-Jun-2019 Via Expresa Avenue Corridor, expressed in Comments public transport units per hour No alterations to public public transport units per hour public transport units per hour (morning peak hour) transport routes reported (morning peak hour) since loan is not effective yet. User satisfaction with Via Expresa Avenue Percentage Value 0.00 0.00 70.00 Date 02-Dec-2013 01-May-2014 30-Jun-2019 Comments No user satisfaction survey No survey taken place since User satisfaction survey available loan is not effective yet. implemented Intermediate Results Indicators Indicator Name Core Unit of Measure Baseline Current End Target Public Disclosure Copy Progress of physical work on the Via Expresa Percentage Value 0.00 0.00 100.00 Avenue project, including facilities for bicycles Date 02-Dec-2013 01-May-2014 30-Jun-2019 and pedestrians Comments no measurements until work no work has commenced Via Expresa Avenue works commences. since loan is not effective yet. complete. Mobility Plan for the Historic District of Cusco Yes/No Value No No Yes updated/amended and at least one action, Date 02-Dec-2013 01-May-2014 30-Jun-2019 project or program piloted. Comments Improvements to actual mobility plan are underway since no Bank funds are Page 2 of 4 The World Bank Report No: ISR14569 involved in this previous update. Strategy for strengthening the traffic Yes/No Value No No Yes management capacity and systems of the Public Disclosure Copy Date 01-Oct-2013 01-May-2014 01-Nov-2018 Provincial Transit Management Office to Comments No strategy since loan is not implement theformulated Public Transport Regulatory Plan effective yet. Cusco Bicycle and Pedestrian Plan designed Yes/No Value No No Yes and promoted Date 02-Dec-2013 01-May-2014 30-Jun-2019 Comments There is no plan in place procurement of plan has not commenced since loan is not effective yet. Strategy for maintaining and managing road Yes/No Value No No Yes assets formulated and implemented and Date 01-Oct-2013 01-May-2014 01-Nov-2018 relevant hardware/software is deployed within Comments No plan No strategy implemented the Municipal Infrastructure Office since loan is not effective yet. CPM staff trained in road maintenance, Number Value 1.00 1.00 4.00 planning, and Non-Motorized Transport Date 02-Dec-2013 01-May-2014 30-Jun-2019 Comments one person trained No new staff trained since four persons trained loan is not effective yet. Staff trained at PER Plan COPESCO in project Number Value 4.00 4.00 8.00 management, monitoring and evaluation, and Date 02-Dec-2013 01-May-2014 30-Jun-2019 other project implementation capabilities Comments four staff trained No new staff has been hired eight staff trained due to lack of availability of counterpart funding. Data on Financial Performance (as of 03-Mar-2014) Financial Agreement(s) Key Dates Public Disclosure Copy Project Ln/Cr/Tf Status Approval Date Signing Date Effectiveness Date Original Closing Date Revised Closing Date P132505 IBRD-83390 Not Effective 28-Feb-2014 30-Jun-2019 30-Jun-2019 Disbursements (in Millions) Project Ln/Cr/Tf Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P132505 IBRD-83390 Not Effective USD 120.00 120.00 0.00 0.00 120.00 0.00 Disbursement Graph Page 3 of 4 The World Bank Report No: ISR14569 Public Disclosure Copy Key Decisions Regarding Implementation No issues Restructuring History There has been no restructuring to date. Related Projects There are no related projects. Public Disclosure Copy Page 4 of 4