East-West Highway Corridor Improvement (WB-P149952)

Countries
  • Georgia
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
A
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Dec 3, 2015
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Government of Georgia
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 140.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Loan Amount (USD)
$ 140.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 164.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ WB website

Updated in EWS Jan 21, 2018

Disclosed by Bank Apr 1, 2015


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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.
According to WB website, the development objectives of the East-West Highway Corridor Improvement Project for Georgia are to: (i) reduce road user costs along the East-West highway corridor section upgraded under the project; and (ii) strengthen the capacity of the roads department and the ministry of economy and sustainable development to respectively manage the road network and provide an enabling environment to improve logistics services. The project comprises of four components: Component 1: Improvement and asset management of the East-West highway corridor. Component 2: Institutional strengthening aim to strengthen the capacity of road department’s (RD’s) intelligent transport systems (ITS) unit in setting up and managing ITS systems applications to improve traffic control and road safety, and timely communication with road users along the East-West highway corridor, and RD’s monitoring unit to assess and inform the general public and beneficiaries about the impacts of improving the East West highway corridor. Component 3: Project management support will finance the mobilization of relevant technical expertise (that is, project management; bridge, tunnel, and geotechnical engineering) to support RD and foreign projects unit (FPU) management during project implementation. This component will also contribute to building the technical capacity of RD. Component 4: Preparation of future investments will finance the preparation of designs and supporting studies for future investments for the development of the road network.
Investment Description
Here you can find a list of individual development financial institutions that finance the project.
International Bank For Reconstruction And Development: USD 140,000,000.00 Borrower: USD 24,000,000.00

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.
Team Leader: Mustapha Benmaamar Senior Transport Specialist Telephone No.: 458-2034 Email Address: mbenmaamar@worldbank.org Borrower/Client/Recipient: Georgia Mr. David Lejava, Deputy Minister of Finance Telephone No.: (995-32) 446-447 Email Address: d.lejava@mof.ge Implementing Agency: Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI) Nugzar Gasviani, First Deputy Chairman Telephone No.: (995-32) 237-5068 Email Address: info@georoad.ge ACCOUNTABILITY MECHANISM OF WORLD BANK The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.

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How it works