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00 million Sector : Energy, Power and Electrical Background: The project development objective (PDO) of the Eskom Investment Support Project for South Africa is to enhance its power supply and energy security in an efficient and sustainable manner so as to support both economic growth objectives and South Africa%s long term carbon mitigation strategy.
Project development objective and key indicators 37.
The recent developments in the Georgian Black Sea coastline -- the construction of Kulevi Oil Terminal, the proposed railway link and marine access channel, the de-listing of 90 hectares of land from the Ramsar-designated Kolkheti Lowland without proper notification, and the establishment of a new State Agency for the Protection of the Black Sea and its Utilization/Exploitation of its Resources are putting the overall [Georgia Integrated Coastal Management] project development objective at risk," states the Bank's mission report.
The indicators set out in the SAR covered only the activities to be carried out under various project components, without linkage to the project development objectives (PDO).
Targeted outcome indicators of project development objectives are:- (i) At least 60% of women Self Help Group members achieve minimum increase of 30% in income, in real terms by end of project.
The government is also requesting that the project be restructured to: (a) extend the project closing date; (b) modify the project development objectives and outcome indicators to align them with current implementation realities; (c) scale back the scope of project school rehabilitation; and (d) eliminate project support for the creation of the National training authority and alignment of National Directorate for Technical and Vocational Education (DINET) and National Institute for Employment and Training's (INEFP) roles, responsibilities, and institutional arrangements.
This project also seeks board approval to: 1) restructure the original project to reflect the change in project development objective and changes in components two and three; 2) reallocate funds of the original financing agreement; 3) adjust the project indicators and targets; and 4) extend the closing date of the original financing agreement from June 30, 2016 to June 30, 2019 so as to align it with that of the AF.
The World Bank's Board of Executive Directors today approved the following project: IDA Credit: US$59 Million Equivalent Terms: Maturity = 40 years; Grace = 10 years Project ID: P126206 Program Description: The project development objectives (PDOs) of the Additional Financing for the Transport Sector Support Project for Tanzania are to improve the condition of the national paved road network, to lower transport cost on selected roads, and to expand the capacity of selected regional airports.