First Additional Financing to the Cabo Verde Transport Sector Reform Project (WB-P161248)

  • Cape Verde
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
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
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
Jun 27, 2016
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.
Government of Cape Verde
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 27.00 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)
$ 27.00 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.
Primary Source

Original disclosure @ WB website

Updated in EWS Nov 28, 2017

Disclosed by Bank Mar 1, 2017

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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.
Component 1: Road Asset Preservation. This component comprises two subcomponents: (a) performance-based contracts; and (b) emergency small scale road repairs Subcomponent 1.1: Performance-based contracts. This subcomponent will finance the carrying-out under performance-based maintenance contracts (PBMC) of (a) rehabilitation works; and (b) routine maintenance including emergency works. The roads selected for PBMC will be prioritized based on an economic analysis (costs-benefits analysis; cost-effectiveness method; multi-criteria analysis). In addition, the rehabilitation will be an upgrading of dirt roads into cobblestone roads or a rehabilitation of cobblestone roads. As much as possible, the road will not be widened to minimize land acquisition. The number of jobs created and the volume of revenues distributed through the use of cobblestones will be closely monitored. Subcomponent 1.2: Emergency works. This subcomponent will finance the carrying-out of small-scale rehabilitation works on the national road network as emergency repairs that are not covered under the Component 2: Institutional Strengthening and Project Management. This component will finance: (a) training and capacity building activities for the entities involved in the implementation of the project; (b) the operating costs of the PCU including audits Component 4: Inter-island Transport Strategy. This component will finance studies and technical assistances related to the following: (a) increasing the efficiency and efficacy of the road maintenance funds (FAMR); (b) improving the resilience of the road network to climate change by defining adequate mitigation and adaptation measures; (c) analyzing the trade and logistic performance of Cabo Verde; (d) defining, adopting, and implementing strategies and action plans to put in place a safe, efficient, and reliable inter-island maritime transport; (e) defining, adopting, and implementing strategies and action plans to reform and/or privatize efficiently transport SOEs of which TACV.
Investment Description
Here you can find a list of individual development financial institutions that finance the project.

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.
Name:Project Coordination Unit Contact:Lúcio Title:Spencer 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 You can learn more about the Inspection Panel and how to file a complaint at:

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