Restructuring Status: Archived Restructuring Type: Level two Last modified on date : 05/25/2011 1. Basic Information Project ID & Name P083952: NI (CRL) Roads Rehab & Maintenance IV Country Nicaragua Task Team Leader Ralf-Michael Kaltheier Sector Manager/Director Aurelio Menendez Country Director Carlos Felipe Jaramillo Original Board Approval Date 06/08/2006 Original Closing Date: 12/31/2011 Current Closing Date 06/30/2014 Proposed Closing Date [if applicable] EA Category B-Partial Assessment Revised EA Category B-Partial Assessment-Partial Assessment EA Completion Date 12/16/2004 Revised EA Completion Date 2. Revised Financing Plan (US$m) Source Original Revised BORR 9.91 9.91 IDA 60.00 60.00 Total 69.91 69.91 3. Borrower Organization Department Location Government of Nicaragua Nicaragua 4. Implementing Agency Organization Department Location Ministry of Transport (MTI) Coordinador de proyectos AIF Nicaragua i 5. Disbursement Estimates (US$m) Actual amount disbursed as of 04/26/2013 71.32 Fiscal Year Annual Cumulative 2010 0.00 71.32 2011 0.00 71.32 Total 71.32 6. Policy Exceptions and Safeguard Policies Does the restructured project require any exceptions to Bank policies? N Does the restructured projects trigger any new safeguard policies? If yes, please select N from the checklist below and update ISDS accordingly before submitting the package. 7a. Project Development Objectives/Outcomes Original/Current Project Development Objectives/Outcomes The Project Development Objective is to support the Government of Nicaragua's broad based economic growth and poverty reduction plan by relieving transportation bottlenecks that currently hinder economic growth and private sector investment. The specific objectives are to support economic growth by: (i) expanding and complementing the previous focus on trunk roads by improving a connecting network of secondary and rural roads ; (ii) helping ensure the sustainability of the road improvements, through strengthening of maintenance practices, and (iii) institution building and technical development in the Ministry of Transport and Infrastructure (MTI) and the Road Maintenance Fund (FOMAV). 7b. Revised Project Development Objectives/Outcomes [if applicable] ii