The World Bank Implementation Status & Results Report OECS Regional Tourism Competitiveness (P152117) OECS Regional Tourism Competitiveness (P152117) LATIN AMERICA AND CARIBBEAN | OECS Countries | Finance, Competitiveness and Innovation Global Practice | IBRD/IDA | Investment Project Financing | FY 2017 | Seq No: 7 | ARCHIVED on 27-Jan-2021 | ISR44728 | Implementing Agencies: Government of Grenada - Ministry of Finance, Governent of St. Lucia - Department of Economic Development, Transport, and Civil Aviation, Government of St. Vincent and the Grenadines - Ministry of Finance, Government of Grenada - Ministry of Tourism and Civil Aviation, Government of Saint Lucia - Department of Finance, Government of St. Vincent and the Grenadines - Ministry of Finance Key Dates Key Project Dates Bank Approval Date: 06-Apr-2017 Effectiveness Date: 23-Dec-2015 Planned Mid Term Review Date: 31-Dec-2020 Actual Mid-Term Review Date: 18-Jan-2021 Original Closing Date: 01-Sep-2023 Revised Closing Date: 01-Sep-2023 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) The project development objectives are to (i) facilitate the movement of tourists within the participating countries using ferries;(ii) improve selected touristic sites; and (iii) strengthen implementation capacity for regional tourism market development. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Components Table Name Component 1: Facilitation of the Movement of People:(Cost $2.52 M) Component 2: Pilot Tourism Investments:(Cost $18.54 M) Component 3: Market Development and Promotion Capacity-Building:(Cost $2.79 M) Component 4: Project Implementation Support:(Cost $2.15 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Moderately Unsatisfactory Moderately Unsatisfactory Overall Implementation Progress (IP) Moderately Unsatisfactory Moderately Unsatisfactory Overall Risk Rating Substantial Substantial Implementation Status and Key Decisions Progress in project implementation has been slow largely because of delays in procurement processes at the country level in part due to COVID- 19. An important number of key Terms of Reference (TORs) for project activities are, however, being developed; and most of the key TORs have received the World Bank’s no objection. Grenada (GRE), Saint Vincent and the Grenadines (SVG), and Saint Lucia (SLU) have expressed their interest to restructure the project to reflect new priorities amid COVID-19. Some of the proposed changes are also aimed at improving the procurement process to speed-up project implementation and disbursements. 1/27/2021 Page 1 of 6 The World Bank Implementation Status & Results Report OECS Regional Tourism Competitiveness (P152117) Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance Moderate Moderate Moderate Macroeconomic Substantial Substantial Substantial Sector Strategies and Policies Substantial Substantial Substantial Technical Design of Project or Program Substantial Substantial Substantial Institutional Capacity for Implementation and Substantial Substantial Substantial Sustainability Fiduciary Moderate Substantial Substantial Environment and Social Moderate Moderate Moderate Stakeholders Moderate Moderate Moderate Other Substantial Substantial Substantial Overall Substantial Substantial Substantial Results PDO Indicators by Objectives / Outcomes Objective as defined in the PDO IN00930182 ►Tourism spending increase at and around pilot sites (Amount(USD), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 5,419,610.00 6,000,000.00 6,000,000.00 6,351,081.00 Date 09-May-2016 01-Jun-2020 31-Dec-2020 31-Aug-2023 No data available in December 2020, but the indicator has fallen substantially due to the pandemic. Comments: IN00930183 ►Number of tourists who take the ferries to visit other islands (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 8,005.00 Date 09-May-2016 01-Jun-2020 30-Oct-2020 31-Aug-2023 IN00930184 1/27/2021 Page 2 of 6 The World Bank Implementation Status & Results Report OECS Regional Tourism Competitiveness (P152117) ►Firms benefiting from private sector initiatives (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 1,090.00 Date 09-May-2016 01-Jun-2020 30-Oct-2020 30-Jun-2021 IN00930185 Female beneficiaries (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 11.40 IN00930216 ►Regional tourism market development plan implemented (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No No No Yes Date 09-May-2016 01-Jun-2020 30-Oct-2020 30-Jun-2022 Intermediate Results Indicators by Components Component 1: Facilitation of the Movement of People IN00930217 ►Centralized ferry system operational (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No No No Yes Date 09-May-2016 01-Jun-2020 30-Oct-2020 30-Jun-2021 IN00930218 ►Number of ferry passenger terminals with immigration/customs facilities equipped for processing international tourists (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1.00 1.00 3.00 Date 09-May-2016 01-Jun-2020 30-Oct-2020 30-Jun-2021 Component 2: Pilot Tourism Investments IN00930219 ►Number of pilot sites that have incorporated a beneficiary feedback system (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 3.00 1/27/2021 Page 3 of 6 The World Bank Implementation Status & Results Report OECS Regional Tourism Competitiveness (P152117) Date 09-May-2016 01-Jun-2020 30-Oct-2020 30-Jun-2021 IN00930221 ►Number of reforms implemented (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 4.00 Date 09-May-2016 01-Jun-2020 30-Oct-2020 30-Jun-2021 IN00930222 ►Number of sites rehabilitated (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1.00 1.00 3.00 Date 09-May-2016 01-Jun-2020 30-Oct-2020 30-Jun-2021 Component 3: Market Development and Promotion Capacity-Building IN00930220 ►Regional IT platform implemented (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No No No Yes Date 09-May-2016 01-Jun-2020 30-Oct-2020 30-Jun-2021 IN00930223 ►Number of country-specific tourism IT platforms upgraded (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1.00 1.00 3.00 Date 09-May-2016 01-Jun-2020 30-Oct-2020 30-Jun-2021 IN00930224 ►Number of international tourism trade fairs in which the clients participated as one region (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1.00 1.00 4.00 Date 09-May-2016 01-Jun-2020 30-Oct-2020 30-Jun-2023 Performance-Based Conditions Data on Financial Performance 1/27/2021 Page 4 of 6 The World Bank Implementation Status & Results Report OECS Regional Tourism Competitiveness (P152117) Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P152117 IBRD-87340 Effective USD 6.00 6.00 0.00 0.87 5.13 15% P152117 IDA-60000 Effective USD 15.00 15.00 0.00 3.76 11.24 25% P152117 IDA-60010 Effective USD 5.00 5.00 0.00 0.50 4.50 9.9% P152117 TF-A0988 Closed USD 0.40 0.34 0.06 0.34 0.00 100% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P152117 IBRD-87340 Effective 06-Apr-2017 20-Apr-2017 31-Aug-2017 01-Sep-2023 01-Sep-2023 P152117 IDA-60000 Effective 06-Apr-2017 20-Apr-2017 31-Aug-2017 01-Sep-2023 01-Sep-2023 P152117 IDA-60010 Effective 06-Apr-2017 16-May-2017 31-Aug-2017 01-Sep-2023 01-Sep-2023 P152117 TF-A0988 Closed 17-Dec-2015 23-Dec-2015 23-Dec-2015 01-Dec-2017 31-May-2018 Cumulative Disbursements 1/27/2021 Page 5 of 6 The World Bank Implementation Status & Results Report OECS Regional Tourism Competitiveness (P152117) PBC Disbursement Achievement Disbursed amount in Disbursement % PBC ID PBC Type Description Coc PBC Amount Status Coc for PBC Restructuring History Level 2 Approved on 01-Dec-2017 Related Project(s) There are no related projects. 1/27/2021 Page 6 of 6