Page 1 i Restructuring Status: Archived Restructuring Type: Level two Last modified on date : 12/09/2010 1. Basic Information Project ID & Name P080258: SCI & TECH Country Croatia Task Team Leader Paulo Guilherme Correa Sector Manager/Director Sophie Sirtaine Country Director Peter C. Harrold Original Board Approval Date 07/07/2005 Original Closing Date: 11/30/2009 Current Closing Date 05/31/2011 Proposed Closing Date [if applicable] EA Category C-Not Required Revised EA Category C-Not Required-Not Required EA Completion Date Revised EA Completion Date 2. Revised Financing Plan (US$m) Source Original Revised BORR 7.35 7.35 IBRD 40.00 38.70 Total 47.35 46.05 3. Borrower Organization Department Location 4. Implementing Agency Organization Department Location Ministry of Science, Education and Sports PMU Croatia Brodarski Institute Croatia BICRO Croatia Rudjer Boskovic Institute Croatia 58376 V2 Page 2 ii 5. Disbursement Estimates (US$m) Actual amount disbursed as of 12/13/2010 32.05 Fiscal Year Annual Cumulative 2010 0.00 32.05 2011 0.00 32.05 Total 32.05 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 from the checklist below and update ISDS accordingly before submitting the package. N 7a. Project Development Objectives/Outcomes Original/Current Project Development Objectives/Outcomes The major development objectives of the Project are to (i) strengthen and restructure selected research & development institutions to achieve higher levels of applied research, while maintaining their scientific excellence; and (ii) to increase the ability of enterprises to develop, use, adapt and commercialize technology. This would contribute to improving the competitiveness of the Croatian industry both in the domestic and foreign markets. An increased technological base and strengthened linkages between RDIs, scientific community and industry will help enterprises compete more effectively and facilitate Croatia?s economic integration with the global markets. Moreover, upgrading the technological capabilities of firms would be an important step for Croatia?s access per se, but also in view of its accession to the European Union. 7b. Revised Project Development Objectives/Outcomes [if applicable]