The World Bank Report No: ISR2748 Implementation Status & Results Gambia, The Public Disclosure Copy The Gambia - Growth & Competitiveness (P114240) Operation Name: The Gambia - Growth & Competitiveness (P114240) Project Stage: Implementation Seq.No: 1 Status: ARCHIVED Last Modified Date: 07-Mar-2011 Country: Gambia, The Approval FY: 2011 Product Line: IBRD/IDA Region: AFRICA Lending Instrument: Specific Investment Loan Implementing Agency(ies): Key Dates Board Approval Date 30-Sep-2010 Original Closing Date 15-Dec-2015 Planned Mid Term Review Date 15-Jan-2013 Last Archived ISR Date Effectiveness Date 12-Jan-2011 Revised Closing Date 15-Dec-2015 Actual Mid Term Review Date Project Development Objectives Project Development Objective (from Project Appraisal Document) The Project Development Objective (PDO) is to improve the investment climate and strengthen the competitiveness of key sectors of the Gambian economy. Has the Project Development Objective been changed since Board Approval of the Project? Yes No Component(s) Component Name Component Cost A. Improving the Business Environment 0.00 B. Strengthening Economic Clusters 0.00 C. Project Implementation 0.00 Overall Ratings Public Disclosure Copy Previous Rating Current Rating Progress towards achievement of PDO Satisfactory Overall Implementation Progress (IP) Satisfactory Overall Risk Rating Implementation Status Overview The Project was approved on September 30, 2010 and reached effectiveness on January 12, 2011. All of the effectiveness conditions were met except for two: appointment of the horticulture manager and the firm for managing the Matching Grant Facility. These two conditions were modified through an amendment to the Grant Agreement and are now dated covenants to be completed by April 12, 2011. Results Page 1 of 6 The World Bank Report No: ISR2748 Project Development Objective Indicators Public Disclosure Copy Indicator Baseline Current End Target Indicator Name Value Value Value Cost of registering a business 215.10 215.10 140.00 Date Date Date 12-Jan-2011 15-Mar-2011 15-Jun-2015 Type Unit of Measure Comment Comment Comment Custom Indicator Percentage Indicator Baseline Current End Target Indicator Name Value Value Value Incremental percentage increase in horticulture sales 0.00 0.00 15.00 Date Date Date 12-Jan-2011 15-Mar-2011 15-Jun-2015 Type Unit of Measure Comment Comment Comment Custom Indicator Percentage Indicator Baseline Current End Target Indicator Name Value Value Value Percent increase in the number of tourist arrivals from non-traditional 0.00 0.00 10.00 markets Date Date Date 12-Jan-2011 15-Mar-2011 15-Jun-2015 Type Unit of Measure Comment Comment Comment Custom Indicator Percentage Intermediate Results Indicators Public Disclosure Copy Indicator Baseline Current End Target Indicator Name Value Value Value Time to receive a business licence 27.00 27.00 7.00 Date Date Date 12-Jan-2011 15-Mar-2011 15-Jun-2015 Type Unit of Measure Comment Comment Comment Custom Indicator Number Page 2 of 6 The World Bank Report No: ISR2748 Indicator Baseline Current End Target Public Disclosure Copy Indicator Name Value Value Value Time spent in preparing, filing and paying taxes 376.00 376.00 210.00 Date Date Date 12-Jan-2011 15-Mar-2011 15-Jun-2015 Type Unit of Measure Comment Comment Comment Custom Indicator Number Indicator Baseline Current End Target Indicator Name Value Value Value Percent increase in the value of new investments attributed to GIEPA 0.00 0.00 10.00 Date Date Date 12-Jan-2011 15-Mar-2011 15-Jun-2015 Type Unit of Measure Comment Comment Comment Custom Indicator Percentage Indicator Baseline Current End Target Indicator Name Value Value Value Percent increase in the number of new investments attributed to GIEPA 0.00 0.00 20.00 Type Unit of Measure Sub-Type Custom Indicator Percentage Supplemental Indicator Baseline Current End Target Indicator Name Value Value Value Direct project beneficiaries 0.00 0.00 10.00 Public Disclosure Copy Date Date Date 12-Jan-2011 15-Mar-2011 15-Jun-2015 Type Unit of Measure Comment Comment Comment Core Indicator Number Page 3 of 6 The World Bank Report No: ISR2748 Indicator Baseline Current End Target Public Disclosure Copy Indicator Name Value Value Value Female beneficiaries 0.00 0.00 5.00 Type Unit of Measure Sub-Type Core Indicator Percentage Supplemental Indicator Baseline Current End Target Indicator Name Value Value Value Increase in annual sales growth of assisted firms compared to non- 0.00 0.00 7.50 assisted firms Date Date Date 12-Jan-2011 15-Mar-2011 15-Jun-2015 Type Unit of Measure Comment Comment Comment Custom Indicator Percentage Indicator Baseline Current End Target Indicator Name Value Value Value Participating farmers in the out-grower scheme 0.00 0.00 20.00 Date Date Date 12-Jan-2011 15-Mar-2011 15-Jun-2015 Type Unit of Measure Comment Comment Comment Custom Indicator Number Indicator Baseline Current End Target Indicator Name Value Value Value Number of full time graduates from the Gambia Tourism and 0.00 0.00 225.00 Public Disclosure Copy Hospitality Institute Date Date Date 12-Jan-2011 15-Mar-2011 15-Jun-2015 Type Unit of Measure Comment Comment Comment Custom Indicator Number Page 4 of 6 The World Bank Report No: ISR2748 Indicator Baseline Current End Target Public Disclosure Copy Indicator Name Value Value Value Number of continuing professional development training hours 0.00 0.00 delivered Date Date Date 12-Jan-2011 15-Mar-2011 15-Jun-2015 Type Unit of Measure Comment Comment Comment Custom Indicator Number Data on Financial Performance (as of 07-Feb-2011) Financial Agreement(s) Key Dates Project Loan No. Status Approval Date Signing Date Effectiveness Date Closing Date P114240 IDA-H6140 Effective 30-Sep-2010 14-Oct-2010 12-Jan-2011 15-Dec-2015 Disbursements (in Millions) Project Loan No. Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P114240 IDA-H6140 Effective XDR 8.00 8.00 0.00 0.04 7.96 1.00 Disbursement Graph Public Disclosure Copy Key Decisions Regarding Implementation Page 5 of 6 The World Bank Report No: ISR2748 The Project reached effectiveness on January 12, 2011 and the project launch workshop is scheduled for March 2011. Public Disclosure Copy Restructuring History There has been no restructuring to date. Related Projects There are no related projects. Public Disclosure Copy Page 6 of 6