75993 v2

Restructuring                                                              Status: Archived
Restructuring Type: Level two
Last modified on date : 03/12/2013

1. Basic Information
Project ID & Name                       P098132: ET-Tourism Develop. Project SIL
Country                                 Ethiopia
Task Team Leader                        Hannah R. Messerli
Sector Manager/Director                 Irina Astrakhan
Country Director                        Guang Zhe Chen
Original Board Approval Date            06/30/2009
Original Closing Date:                  12/30/2014
Current Closing Date                    12/30/2014
Proposed Closing Date [if applicable]
EA Category                             B-Partial Assessment
Revised EA Category                     C-Not Required-Not Required
EA Completion Date                      12/31/2008
Revised EA Completion Date


2. Revised Financing Plan (US$m)
Source                                           Original                     Revised
BORR                                                   1.50                          1.50
IDA                                                   35.00                         35.00
OLBC                                                   3.00                          3.00
Total                                                 39.50                         39.50


3. Borrower
         Organization                   Department                        Location
Ministry of Culture and Tourism                                Ethiopia


4. Implementing Agency
           Organization                 Department                        Location




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5. Disbursement Estimates (US$m)
Actual amount disbursed as of 03/13/2013                                                             8.49
         Fiscal Year                               Annual                              Cumulative
2013                                                           2.22                                 10.71
2014                                                         20.86                                  31.57
2015                                                           3.43                                 35.00
                                                           Total                                    35.00


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                 Y
from the checklist below and update ISDS accordingly before submitting the package.

Safeguard Policy                                                             Last Rating         Proposed
Environmental Assessment (OP 4.01)                                                X
Natural Habitats (OP 4.04)
Forestry (OP 4.36)
Pest Management (OP 4.09)
Physical Cultural Resources (OP 4.11)                                              X
Indigenous Peoples (OP 4.10)
Involuntary Resettlement (OP 4.12)                                                 X
Safety of Dams (OP 4.37)
Projects in International Waterways (OP 7.50)
Projects in Disputed Areas (OP 7.60)




7a. Project Development Objectives/Outcomes
Original/Current Project Development Objectives/Outcomes
The proposed project development objective is to contribute to enhancement of the quality and variety of
tourism products and services in targeted destinations so as to increase tourist visitation, foreign exchange
earnings, and jobs. The implementation of the project will yield the following key outcomes, particularly
in key destinations: (i) an increase of annual international visitors; (ii) increased average spending by
visitors translating into higher foreign exchange earnings; and (iii) an increased number of direct and
indirect tourism-related jobs.



7b. Revised Project Development Objectives/Outcomes [if applicable]




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