Public Disclosure Copy The World Bank Implementation Status & Results Report Afghanistan New Market Development (P118053) Afghanistan New Market Development (P118053) SOUTH ASIA | Afghanistan | Trade & Competitiveness Global Practice | IBRD/IDA | Specific Investment Loan | FY 2011 | Seq No: 9 | ARCHIVED on 07-Oct-2016 | ISR23842 | Implementing Agencies: MOCI Key Dates Key Project Dates Bank Approval Date:03-May-2011 Effectiveness Date:12-Jul-2011 Planned Mid Term Review Date:02-Feb-2014 Actual Mid-Term Review Date:07-Mar-2014 Original Closing Date:29-Feb-2016 Revised Closing Date:30-Nov-2017 Project Development Objectives Project Development Objective (from Project Appraisal Document) The Project Development Objective is to help in the revitalization of private sector activities in the four major urban cities of Kabul, Mazar-e-Sharif, Jalalabad and Herat through provision of business development technical assistance to support private firms initiatives to gain market knowledge, improve product quality and processing technologies, and increase their presence in th domestic and export markets. Has the Project Development Objective been changed since Board Approval of the Project Objective? No PHRPDODEL Components Name Component 1: Facility for New Market Development (FNMD):(Cost $18.00 M) Component 2: Project Implementation Support and Technical Assistance to Ministry of Commerce & Industry (MoCI):(Cost $4.00 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO  Satisfactory  Satisfactory Overall Implementation Progress (IP)  Moderately Satisfactory  Moderately Satisfactory Overall Risk Rating  Substantial  Substantial Implementation Status and Key Decisions 10/7/2016 Page 1 of 5 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Afghanistan New Market Development (P118053) ANMDP is managed by the Government of Afghanistan through the Ministry of Commerce & Industries (MoCI) with a current project closing date of November 30, 2017. The Facility for New Market Development (FNMD) was managed by GIZ International Services (GIZ IS) as the core implementation partner of MoCI until October 30, 2015. The FNMD was officially launched in March 2013 and in the two and a half years of its core implementation period, received 1,050 applications across the four targeted cities of Kabul, Mazar-e-Sharif, Jalalabad and Herat. As of latest estimates, in total 376 firms and 54 consortia of firms or business associations have been assisted through FNMD. Geographically, almost 40% of the agreements have been signed with SMEs in Kabul, 21% in Herat, 20% in Mazar-e-Sharif, and 18% in Jalalabad. Out of the total funding envelope of USD 11.8 million for SMEs under the FNMD component of the project, approximately USD 10.3 million has been reimbursed to SMEs to date. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance  --  High  High Macroeconomic  --  Substantial  Substantial Sector Strategies and Policies  --  Moderate  Moderate Technical Design of Project or Program  --  Moderate  Moderate Institutional Capacity for Implementation and Sustainability  --  Substantial  Substantial Fiduciary  --  Substantial  Substantial Environment and Social  --  Moderate  Moderate Stakeholders  --  Moderate  Moderate Other  --  --  -- Overall  --  Substantial  Substantial Results Project Development Objective Indicators PHINDPDOTBL  Direct project beneficiaries (Number, Core) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 430.00 430.00 375.00 Date 01-Jul-2011 31-Aug-2016 31-Aug-2016 31-Aug-2016 PHINDPDOTBL  Female beneficiaries (Percentage, Core Supplement) Baseline Actual (Previous) Actual (Current) End Target 10/7/2016 Page 2 of 5 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Afghanistan New Market Development (P118053) Value 0.00 30.00 30.00 5.00 PHINDPDOTBL  Sales (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 24.50 24.50 20.00 Date 01-Jul-2011 01-Aug-2015 01-Aug-2015 29-Feb-2016 PHINDPDOTBL  Jobs (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1516.00 1516.00 1500.00 Date 01-Jul-2011 01-Aug-2015 01-Aug-2015 29-Feb-2016 PHINDPDOTBL  Product or market diversification (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 41.00 41.00 20.00 Date 01-Jul-2011 01-Aug-2015 01-Aug-2015 29-Feb-2016 Overall Comments The results framework’s PDO indicators and targets are revised as follows, in line with the Level 2 restructuring and concurrent amendments to the Financing Agreement undertaken in August 2016: a) The target for the intermediate result indicator on “Direct project beneficiaries” is formally revised. The original contract between MoCI and the international firm GIZ IS was signed in September 2012, and a first contract amendment was agreed in September 2013 whereby the target for number of direct project beneficiaries (firms) was revised down from 750 to 375. This revised target has been reported in all Interim Status and Results Reports since September 2013. b) As per the Financing Agreement, female beneficiaries should be measured under intermediate indicator 3 (“Jobs”). However, since the start of the project, female beneficiaries was measured under intermediate indicator 1 (“Direct project beneficiaries”). This change to situate the sub- 10/7/2016 Page 3 of 5 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Afghanistan New Market Development (P118053) indicator on female beneficiaries under intermediate indicator 1 has been processed. c) The “Actual (Current)” achievements of the project is now updated for the following two intermediate indicators: (a) Jobs; and (b) Product / Market Diversification. While this data is part of the routinely collected project data, the numbers are significantly updated based on latest available data: and the current data on these two intermediate indicators accurately reflects the achievements and results of the Project. Intermediate Results Indicators PHINDIRITBL  FNMD program (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target FNMD program active FNMD program active in FNMD program Value No FNMD program in Kabul, Mazar, Herat Kabul, Mazar, Herat and completed and Jalalabad Jalalabad Date 01-Jul-2011 01-Aug-2015 01-Aug-2015 29-Feb-2016 Overall Comments Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed P118053 IDA-H6800 Effective XDR 14.00 14.00 0.00 11.53 2.47 82% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P118053 IDA-H6800 Effective 03-May-2011 03-Jul-2011 12-Jul-2011 29-Feb-2016 30-Nov-2017 Cumulative Disbursements 10/7/2016 Page 4 of 5 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Afghanistan New Market Development (P118053) Restructuring History Level 2 Approved on 29-Feb-2016 ,Level 2 Approved on 22-Aug-2016 Related Project(s) P159925-Additional Financing for Afghanistan New Market Development Project 10/7/2016 Page 5 of 5 Public Disclosure Copy