Public Disclosure Copy The World Bank Implementation Status & Results Report Vietnam Road Asset Management Project (P123961) Vietnam Road Asset Management Project (P123961) EAST ASIA AND PACIFIC | Vietnam | Transport & ICT Global Practice | IBRD/IDA | Specific Investment Loan | FY 2014 | Seq No: 3 | ARCHIVED on 02-Oct-2015 | ISR20349 | Implementing Agencies: Project Management Unit No. 3 (PMU3) Key Dates Key Project Dates Board Approval date:12-Dec-2013 Effectiveness Date:11-Apr-2014 Planned Mid Term Review Date:28-Apr-2017 Actual Mid-Term Review Date:-- Original Closing Date:31-Dec-2020 Revised Closing Date:31-Dec-2020 Project Development Objectives Project Development Objective (from Project Appraisal Document) The proposed Project Development Objective (PDO) is to improve the efficiency and sustainability of the national road asset management and maintenance practices performed by the Ministry of Transport on national roads in Vietnam. Has the Project Development Objective been changed since Board Approval of the Project Objective? No PHRPDODEL Components Name Component A: Road Asset Management System (RAMS) Development:(Cost $10.00 M) Component B: Road Asset Preservation:(Cost $156.60 M) Component C: Road Asset Improvement:(Cost $133.40 M) Component D: Institutional Strengthening Program:(Cost $1.70 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO  Satisfactory  Satisfactory Overall Implementation Progress (IP)  Satisfactory  Satisfactory Overall Risk Rating  Moderate  Moderate 10/2/2015 Page 1 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Vietnam Road Asset Management Project (P123961) Implementation Status and Key Decisions The project was approved by the Board on December 12, 2013, The Financing Agreement was signed on January 14, 2014, and became effective on April 11, 2014. Most of the procurement activities under each component are either signed or at the final stage of process. All civil works contracts and the related supervision consulting services are under implementation. Procurement for the Road Asset Management System development and technical assistance for institutional strengthening program are at the final stage of procurement for negotiations and signing. 10/2/2015 Page 2 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Vietnam Road Asset Management Project (P123961) 10/2/2015 Page 3 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Vietnam Road Asset Management Project (P123961) Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance  --  Moderate  Moderate Macroeconomic  --  Moderate  Moderate Sector Strategies and Policies  --  Moderate  Moderate Technical Design of Project or Program  --  Substantial  Moderate Institutional Capacity for Implementation and Sustainability  --  Moderate  Moderate Fiduciary  --  Moderate  Moderate Environment and Social  --  Moderate  Moderate Stakeholders  --  Low  Low Other  --  --  -- Overall  --  Moderate  Moderate Results Project Development Objective Indicators PHINDPDOTBL  Annual and mid-term (3 years) plans for priority and implementation of national road network maintenance and long-term (10 years) maintenance strategy generated by RAMS (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value Y N N Y Date 31-Oct-2013 03-Dec-2014 25-Aug-2015 31-Dec-2020 PHINDPDOTBL  null (Yes/No, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value -- -- N -- Date 31-Dec-2016 03-Dec-2014 25-Aug-2015 31-Dec-2019 10/2/2015 Page 4 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Vietnam Road Asset Management Project (P123961) PHINDPDOTBL  Expansion of PBC program in national road maintenance (Kilometers, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 482.00 1700.00 Date 20-Sep-2013 03-Dec-2014 25-Aug-2015 31-Dec-2020 Comments The performance-based maintenance contracts of 1,700 km will be contracted/implemented outside of this project during the project period. Overall Comments Intermediate Results Indicators PHINDIRITBL  Annual condition measurement for national road network (Kilometers, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 17748.00 Date 20-Sep-2013 03-Dec-2014 25-Aug-2015 31-Dec-2020 PHINDIRITBL  PBC maintenance implemented under the project (Kilometers, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 124.00 170.00 Date 20-Sep-2013 03-Dec-2014 25-Aug-2015 31-Dec-2020 10/2/2015 Page 5 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Vietnam Road Asset Management Project (P123961) PHINDIRITBL  Km of roads maintained under the project with traditional input method (Kilometers, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 161.00 Date 20-Sep-2013 03-Dec-2014 25-Aug-2015 31-Dec-2020 PHINDIRITBL  Km of roads improved under the project (Kilometers, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 56.00 Date 20-Sep-2013 03-Dec-2014 25-Aug-2015 31-Dec-2020 PHINDIRITBL  Annual audit of Road Maintenance Fund published and available for civil society (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N N Y Y Date 20-Sep-2013 30-Nov-2014 25-Aug-2015 31-Dec-2020 PHINDIRITBL  Roads in good and fair condition as a share of total classified roads (Percentage, Core) Baseline Actual (Previous) Actual (Current) End Target Value 70.00 70.00 70.00 72.00 Date 20-Sep-2013 03-Dec-2014 25-Aug-2015 31-Dec-2020 Comments This indicator is calculated with the size of the total classified network given immediately below. 10/2/2015 Page 6 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Vietnam Road Asset Management Project (P123961) PHINDIRITBL  Size of the total classified network (Kilometers, Core Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 17748.00 17748.00 17748.00 17748.00 PHINDIRITBL  Percentage of affected households having woman attended consultation activities on compensation/resettlement (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 50.00 50.00 73.70 80.00 Date 20-Sep-2013 03-Dec-2014 25-Aug-2015 31-Dec-2017 PHINDIRITBL  Semi-annual Project Monitoring and Evaluation Report will be submitted to the Bank (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 2.00 4.00 14.00 Date 20-Sep-2013 03-Dec-2014 25-Aug-2015 31-Dec-2020 Overall Comments Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed P123961 IDA-53310 Effective USD 250.00 250.00 0.00 22.16 204.49 9% P123961 TF-15733 Effective USD 1.36 1.36 0.00 0.25 1.11 18% Key Dates (by loan) 10/2/2015 Page 7 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Vietnam Road Asset Management Project (P123961) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P123961 IDA-53310 Effective 12-Dec-2013 14-Jan-2014 11-Apr-2014 31-Dec-2020 31-Dec-2020 P123961 TF-15733 Effective 14-Jan-2014 14-Jan-2014 14-Jan-2014 30-Jun-2016 30-Jun-2016 Cumulative Disbursements Restructuring History There has been no restructuring to date. Related Project(s) There are no related projects. 10/2/2015 Page 8 of 8 Public Disclosure Copy