Public Disclosure Copy The World Bank Implementation Status & Results Report Local Economy and Infrastructure Development Project (P150327) Local Economy and Infrastructure Development Project (P150327) EUROPE AND CENTRAL ASIA | Armenia | Social, Urban, Rural and Resilience Global Practice Global Practice | IBRD/IDA | Investment Project Financing | FY 2016 | Seq No: 5 | ARCHIVED on 09-Apr-2018 | ISR31368 | Implementing Agencies: REPUBLIC OF ARMENIA, Armenia Territorial Development Fund Key Dates Key Project Dates Bank Approval Date:22-Dec-2015 Effectiveness Date:29-Dec-2016 Planned Mid Term Review Date:20-Mar-2019 Actual Mid-Term Review Date:-- Original Closing Date:30-Apr-2021 Revised Closing Date:30-Apr-2021 Project Development Objectives Project Development Objective (from Project Appraisal Document)

The Project Development Objective is to improve infrastructure services and institutional capacity for increased tourism contribution to local economy in selected regions of Armenia.

Has the Project Development Objective been changed since Board Approval of the Project Objective? No PHRPDODEL Components Name Heritage Hub and Tourism Circuit Development:(Cost $50.55 M) Institutional Development:(Cost $4.45 M) Contingent Emergency Response Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO  Moderately Satisfactory  Moderately Satisfactory Overall Implementation Progress (IP)  Moderately Satisfactory  Moderately Satisfactory Overall Risk Rating  Substantial  Substantial 4/9/2018 Page 1 of 10 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Local Economy and Infrastructure Development Project (P150327) Implementation Status and Key Decisions The Project was approved by the World Bank Board of Directors on December 22, 2015. The legal agreements between the World Bank and Government of the Republic of Armenia were signed on February 23, 2016. All effectiveness conditions were met on time, and the Project was declared effective on December 29, 2016. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance  Moderate  Moderate  Moderate Macroeconomic  Moderate  Substantial  Substantial Sector Strategies and Policies  Low  Low  Low Technical Design of Project or Program  Moderate  Moderate  Moderate Institutional Capacity for Implementation and Sustainability  Substantial  Substantial  Substantial Fiduciary  Substantial  Substantial  Substantial Environment and Social  Substantial  Substantial  Substantial Stakeholders  Moderate  Moderate  Moderate Other  --  Low  -- Overall  Substantial  Substantial  Substantial Results Project Development Objective Indicators PHINDPDOTBL  Increased number of people in urban areas provided with access to all-season roads within a 500 meter range under the project (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target 4/9/2018 Page 2 of 10 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Local Economy and Infrastructure Development Project (P150327) Value 0.00 0.00 0.00 5,000.00 Date 22-Dec-2015 28-Sep-2017 26-Mar-2018 31-Mar-2021 PHINDPDOTBL  Increased average number of hours per day of piped water services in project areas. (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 8.00 8.00 8.00 14.00 Date 22-Dec-2015 28-Sep-2017 26-Mar-2018 31-Mar-2021 PHINDPDOTBL  Increased tourism spending (Amount(USD), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 749.50 749.50 749.50 862.00 Date 22-Dec-2015 28-Sep-2017 26-Mar-2018 31-Mar-2021 PHINDPDOTBL  Increased number of jobs created by activities linked to support tourism industry (gender disaggregated) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 133,500.00 133,500.00 133,500.00 147,070.00 Date 22-Dec-2015 28-Sep-2017 26-Mar-2018 31-Mar-2021 PHINDPDOTBL  Number of destination management offices established and operational to ensure sustainability. (Number, Custom) 4/9/2018 Page 3 of 10 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Local Economy and Infrastructure Development Project (P150327) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 3.00 Date 22-Dec-2015 28-Sep-2017 26-Mar-2018 31-Mar-2021 Overall Comments Intermediate Results Indicators PHINDIRITBL  Improved access roads to selected tourism attraction sites. (Kilometers, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 8.00 Date 22-Dec-2015 28-Sep-2017 26-Mar-2018 31-Mar-2021 PHINDIRITBL  Piped household water connections that are benefiting from rehabilitation works undertaken by the project (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 300.00 Date 22-Dec-2015 28-Sep-2017 26-Mar-2018 31-Mar-2021 PHINDIRITBL  Increased number of visitors to Project sites (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 1,203,746.00 1,203,746.00 1,203,746.00 1,384,307.00 Date 22-Dec-2015 28-Sep-2017 26-Mar-2018 31-Mar-2021 4/9/2018 Page 4 of 10 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Local Economy and Infrastructure Development Project (P150327) PHINDIRITBL  Increased number of tourism beds (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 2,639.00 2,639.00 2,639.00 3,034.00 Date 22-Dec-2015 28-Sep-2017 26-Mar-2018 31-Mar-2021 PHINDIRITBL  Number of old houses restored (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 30.00 Date 22-Dec-2015 28-Sep-2017 26-Mar-2018 31-Mar-2021 PHINDIRITBL  Number of street lighting posts and bulbs replaced/installed (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 200.00 Date 22-Dec-2015 28-Sep-2017 26-Mar-2018 31-Mar-2021 PHINDIRITBL  Number of Parks upgraded (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 2.00 Date 22-Dec-2015 28-Sep-2017 26-Mar-2018 31-Mar-2021 4/9/2018 Page 5 of 10 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Local Economy and Infrastructure Development Project (P150327) PHINDIRITBL  Number of tourism facilities constructed at the cultural heirtage sites along the tourist circuit (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 10.00 Date 22-Dec-2015 28-Sep-2017 26-Mar-2018 31-Mar-2021 PHINDIRITBL  Number of museum/art galleries refurbished (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 2.00 Date 22-Dec-2015 28-Sep-2017 26-Mar-2018 31-Mar-2021 PHINDIRITBL  Production and distribution of new Tourism maps (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 10,000.00 Date 22-Dec-2015 28-Sep-2017 26-Mar-2018 31-Mar-2021 PHINDIRITBL  Number of beneficiaries of skills development training provided by the Project, disaggregated by gender (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 300.00 Date 22-Dec-2015 28-Sep-2017 26-Mar-2018 31-Mar-2021 4/9/2018 Page 6 of 10 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Local Economy and Infrastructure Development Project (P150327) PHINDIRITBL  Increased number of tourism-related SMEs at Project sites (e.g., souvenir and handcraft shops, family and guest houses, restaurants, museums, etc.), disaggregated by gender (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 7,813.00 7,813.00 7,813.00 8,984.00 Date 22-Dec-2015 28-Sep-2017 26-Mar-2018 31-Dec-2015 PHINDIRITBL  Preparation of Site Management Plans for key cultural heritage sites (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 4.00 Date 22-Dec-2015 28-Sep-2017 26-Mar-2018 31-Mar-2021 PHINDIRITBL  Working age population in Project areas engaged in non-farm employment (disaggregated) (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 20.00 20.00 20.00 35.00 Date 22-Dec-2015 28-Sep-2017 26-Mar-2018 31-Mar-2021 PHINDIRITBL  Grievances responded to within 2 weeks of being filed (%) (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 100.00 Date 22-Oct-2015 28-Sep-2017 26-Mar-2018 31-Mar-2021 4/9/2018 Page 7 of 10 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Local Economy and Infrastructure Development Project (P150327) PHINDIRITBL  Grievances registered related to delivery of project benfeits addressed (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 100.00 Date 22-Dec-2015 28-Sep-2017 26-Mar-2018 31-Mar-2021 PHINDIRITBL  Increased number of visitors to Project sites (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 20.00 Date 22-Dec-2015 28-Sep-2017 26-Mar-2018 31-Mar-2021 PHINDIRITBL  Beneficiaries that feel Project investments reflected their needs (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 100.00 Date 22-Dec-2015 28-Sep-2017 26-Mar-2018 31-Mar-2021 PHINDIRITBL  Project benficiaries (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 453,500.00 Date 22-Dec-2015 28-Sep-2017 26-Mar-2018 31-Mar-2021 4/9/2018 Page 8 of 10 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Local Economy and Infrastructure Development Project (P150327) PHINDIRITBL  Of which female (beneficiaries) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 226,750.00 Date 22-Dec-2015 28-Sep-2017 26-Mar-2018 31-Mar-2021 Overall Comments Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed P150327 IBRD-85720 Effective USD 55.00 55.00 0.00 0.27 54.73 0.5% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P150327 IBRD-85720 Effective 22-Dec-2015 23-Feb-2016 29-Dec-2016 30-Apr-2021 30-Apr-2021 Cumulative Disbursements 4/9/2018 Page 9 of 10 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Local Economy and Infrastructure Development Project (P150327) Restructuring History There has been no restructuring to date. Related Project(s) There are no related projects. 4/9/2018 Page 10 of 10 Public Disclosure Copy