The World Bank Implementation Status & Results Report Pacific Regional Connectivity Program 2:FSM Connectivity Project (P130592) Pacific Regional Connectivity Program 2:FSM Connectivity Project (P130592) EAST ASIA AND PACIFIC | Micronesia, Federated States of | Digital Development Global Practice | IBRD/IDA | Investment Project Financing | FY 2015 | Seq No: 8 | ARCHIVED on 26-Jun-2019 | ISR37755 | Implementing Agencies: Federated States of Micronesia, Asian Dev Bank, Department of Transport, Communication and Infrastructure, Telecommunication Regulation Authority, Federated States of Micronesia Telecommunications Cable Corporation Key Dates Key Project Dates Bank Approval Date: 17-Dec-2014 Effectiveness Date: 11-Mar-2015 Planned Mid Term Review Date: 30-Nov-2019 Actual Mid-Term Review Date: -- Original Closing Date: 31-Jan-2020 Revised Closing Date: 30-Nov-2022 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) The development objective of the Project is to reduce the cost and increase the availability of ICT services needed to support social and economic development in the Recipient's territory. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Components Table Name Component 1A Palau-Yap-Guam Cable System:(Cost $22.50 M) Component 1B Chuuk-Pohnpei Cable System:(Cost $18.50 M) Component 1C Kosrae Connectivity:(Cost $3.50 M) Component 2 Technical Assistance:(Cost $2.25 M) Component 3 Project Management:(Cost $0.75 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Moderately Satisfactory Moderately Satisfactory Overall Implementation Progress (IP) Moderately Satisfactory Moderately Satisfactory Overall Risk Rating Substantial High Implementation Status and Key Decisions The Project became effective as of March 11, 2015, and Additional Financing of SDR12 million was approved by the Bank on 31 May, 2017 for Kosrae Connectivity (P161363). The Yap cable successfully entered into service at the of June 2018. The cable for Chuuk entered into service in April 2019. Planning is well advanced on the institutional and operational arrangements for the East Micronesia Cable system which will connect Kosrae. 6/26/2019 Page 1 of 5 The World Bank Implementation Status & Results Report Pacific Regional Connectivity Program 2:FSM Connectivity Project (P130592) Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance -- Substantial Substantial Macroeconomic -- Low Low Sector Strategies and Policies -- High High Technical Design of Project or Program -- High High Institutional Capacity for Implementation and Sustainability -- High High Fiduciary -- High High Environment and Social -- Moderate Moderate Stakeholders -- High High Other -- -- -- Overall -- Substantial High Results PDO Indicators by Objectives / Outcomes Access to telephone services (mobile phones per 100 people) IN00720047 ►Access to telephone services (mobile phones per 100 people) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 30.00 19.00 19.00 80.00 Date 25-Sep-2014 30-May-2018 30-May-2018 31-Jan-2020 Access to Internet Services (number of subscribers per 100 people) IN00720121 ►Access to Internet Services (number of subscribers per 100 people) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 2.00 2.80 2.80 40.00 Date 25-Sep-2014 30-May-2018 30-May-2018 31-Jan-2020 6/26/2019 Page 2 of 5 The World Bank Implementation Status & Results Report Pacific Regional Connectivity Program 2:FSM Connectivity Project (P130592) Wholesale Internet bandwidth price IN00720122 ►Wholesale Internet bandwidth price (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 1,800.00 1,800.00 1,800.00 700.00 Date 25-Sep-2014 30-May-2018 30-May-2018 31-Jan-2020 Direct project beneficiaries IN00720123 ►Direct project beneficiaries (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 42,000.00 Date 25-Sep-2014 30-May-2018 30-May-2018 31-Jan-2020 IN00720124 Female beneficiaries (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 50.00 50.00 50.00 50.00 Internet bandwidth available (Mbps) IN00720048 ►Internet bandwidth available (Mbps) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 38.00 3,500.00 3,500.00 20,150.00 Date 25-Sep-2014 30-May-2018 30-May-2018 31-Jan-2020 Impact on Telecom sector of World Bank Technical Assistance (composite score: 1- low impact to 5-hig IN00720049 ►Impact on Telecom sector of World Bank Technical Assistance (composite score: 1- low impact to 5-high impact) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 2.00 2.00 2.00 5.00 Date 25-Sep-2014 30-May-2018 30-May-2018 31-Jan-2020 Retail Price of Internet Services (per Mbit/s per Month, in US$) IN00720050 ►Retail Price of Internet Services (per Mbit/s per Month, in US$) (Amount(USD), Custom) Baseline Actual (Previous) Actual (Current) End Target 6/26/2019 Page 3 of 5 The World Bank Implementation Status & Results Report Pacific Regional Connectivity Program 2:FSM Connectivity Project (P130592) Value 65.00 129.00 129.00 20.00 Date 30-Sep-2014 30-May-2018 30-May-2018 31-Jan-2020 Intermediate Results Indicators by Components Component 1A Palau-Yap-Guam Cable System IN00720125 ►Length of fiber optic cable access (km) (Kilometers, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1,950.00 1,950.00 1,950.00 Date 25-Sep-2014 30-May-2018 30-May-2018 31-Jan-2020 Component 2 Technical Assistance IN00720126 ►Regulatory capacity strengthened (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No No No Yes Date 25-Sep-2014 30-May-2018 30-May-2018 31-Jan-2020 Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P130592 IDA-D0040 Effective USD 47.50 47.50 0.00 36.55 8.28 82% P130592 IDA-D1880 Effective USD 16.20 16.20 0.00 0.00 16.70 0% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P130592 IDA-D0040 Effective 17-Dec-2014 06-Mar-2015 11-Mar-2015 31-Jan-2020 31-Jan-2020 P130592 IDA-D1880 Effective 31-May-2017 19-Sep-2017 20-Jun-2019 30-Nov-2022 30-Nov-2022 Cumulative Disbursements 6/26/2019 Page 4 of 5 The World Bank Implementation Status & Results Report Pacific Regional Connectivity Program 2:FSM Connectivity Project (P130592) Restructuring History Level 2 Approved on 13-Feb-2016 ,Level 2 Approved on 11-Jun-2019 Related Project(s) P161308-Add'l Financing FSM Connectivity Project ,P161363-P2: Palau-FSM Connectivity Project: AF Kosrae Connectivity 6/26/2019 Page 5 of 5