The Republic of the Marshall Islands Maritime Investment Project (WB-P161382)

  • Marshall Islands
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
Bank Risk Rating
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Government of Marshall Islands
The holder of the loan, grant, or other investment.
  • Industry and Trade
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 25.80 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 25.80 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Mar 13, 2019

Disclosed by Bank Feb 12, 2018

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Project Description

According to bank documents, project activities include: (i) identifying an optimal layout and configuration of port/cargo yard activities and key government services to improve operational efficiency environmental management and safety at Delap Dock (ii) estimating costs, conducting economic evaluations, prioritizing investments and preparing bid documents for Delap Dock; (iii)determining shortcomings and recommend ing measures to strengthen institutional and regulatory arrangements; (iv)undertaking stakeholder engagement and consultations and preparing safeguards documents, such as environmental management plans and land acquisition and resettlement plans; and (v) funding a consultant to oversee project preparation.

Investment Description
  • World Bank (WB)
Contact Information
World Bank
James A. Reichert, Sean David Michaels
Senior Infrastructure Specialist

Ministry of Finance
Brenson Wase
Ministry of Finance, Banking
and Postal Service

Implementing Agencies
Ministry of Transport and Communications
Mike Halferty, Minister of Transport


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