Peru - Aviation Development Project

Docuiment of The World Bank FOR OFFICIAL USE ONLY Report No. 9463 PROJECT COMPLETION REPORT PERU AVIATION DEVELOPMENT PROJECT (LOAN 1963-PE) MARCH 29, 1991 Infrastructure and Energy Operations Division Country Department IV Latin America and the Caribbean Regional Office This document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwise be disclosed without World Bank authorization.  CURRENCY EQUIVALENTS Currency Unit (iS$ Soles (1981), Intis (1982 - present) US$ 350 Soles (1981) US$ 0.75 Intis (1982) US$ 1.50 Intis (1983) US$ 4.40 Intis (1984) US$ 9.38 Intis (1/85 - 6/85)) Us$ 14.0 Intis (7/85 - 12/85) USS 14.0 Intis (1986) US$ 20.0 Intis (1987) WEIGHTS AND MEASURES Metric System FISCAL YEAR January 1 to December 31 ABBREVIATIONS AND ACRONYMS CFR = Crash, Fire, Rescue Buildings and/or Equipment COFIDE - Corporacion Financiera de Desarrollo COPESCO = Comision Especial para Coordinar y Supervigilar el Plan Turismo y Cultura CORPAC = Corporacion Peruana de Aeropuertos y Aviacion Comercial DGTA = Directorate General of Air Transport FAP = Peruvian Air Force FFI = Facility Flight Inspection Aircraft HF High Frequency ICAO = Internacional Civil Aviation Organization ILS = Instrument Landing System MEF = Ministry of Economy and Finance MOA Ministry of Aeronautics MTC = Ministry of Transport and Communications OSP - Oficina Sectoral de Planificacion PETROPERU = State Owned Petroleum Company PPF Project Preparation Facil y SIDERPERU = State Owned Steel Company SIMA = Servicio Industrial de la Marina SSB = Single Side Band UHF = Ultra High Frequency VASIS = Visual Approach Slope Indicator System VHF = Very High Frequency VOR = Very High Frequency Omny Directional Radio Range  FOR OFFCILu USE ONLY THE WORLD BANK Washington. DC 20433 U.S A Office dE DOectnq.Gental Opef&t*m 1vaWt M March 29, 1991 MEMORANDUM TO THE EXECUTIVE DIRECTORS AND TIIE PRESIDENT SUBJECT: Project Completion Report on Peru Aviation Development Proiect (Lo_an 1963-PE) Attached, for information, is a copy of a report entitled "Project Completion report on Peru Aviation Development Project (Loan 1963-PE)" prepared by the Latin America and the Caribbean Regional Office. No audit of this project has been made by the Operations Evaluation Department at this time. Attachment This document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwise be disclosed without World Bank authorization.  FOR OFFICIAL USE ONLY PERU AVIATION DEVELOPMENT -ROJECT (LOAN 1963-PE) PROJ7CT COMPLETION REPORT Table of Contents Paxe PREFACE ....... . .. .......i EVALUATION SUMMARY ..... . l ii PART I: Proiect Review rtum Bank's Perspective .............. 1 1. Project Identity. .................. ............ 1 2. Background.... ..................1........ 1 3. Project Objec.tveb ano Description . ....... ..... 2 4. Project Design and organization . . 3 5 Project Implementation ................... . ..... 4 6. Project Results. . ........... ...... 7 7. Bank Performance .. ........ ....... 9 8. Borrower Performance ...................... ....... 10 9. Project Relationship., .................. .10 10. Consulting Services.. . ..... .....11 11 Project Documentatiun ant' oata.... rhr,T II Project Review from BoLLUWeL'S Perspective ....2 PART IU StaListical Informiation.13 Tables - Related Bank Loans ............................... 2 - Project Timetable. ....... .............. i) 3 - Estima' -. fna Actual Scftedute of Disbursement ...... lo 4 - Project Lulplemenrtatlon . ....................... 7 5(A - Protect Custb ana Fiaan.:ing ...................... 18 6 Ax - Tratfic ........ . ...................... 19 6(b, - Economic Impact... ... ....................... 20 6(C)1 - Financial Position: Income Statements ............ 21 6(C)2 - Financial Position: Balance Sheets ............... 22 6(D) - Studies ............................................ 23 7 - Status of Covenants ....................... 25 8 - Use of Bank Resources: Mission Data .................. 28 Maps IBRD Nos. 15019 Component Lot.dtions 15020 Dom.estic Airline Routes This document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwise be disclosed without World Bank authorization.  -1