Madagascar - Third Railway Project

Doaumst of Tue World Bank FOR OMJCIAL USE ONLY Reporm N 12285 PROJECT COaPL TION REPORT MADAGASCAR THRD RAILWAYS PROECT (CREDIT 1694-MAC) AUGUST 25, 1993 MICROGRAPHICS Report No: 12285 Type: PCR Infrastructure Operations Division South-Central and Indian Ocean Department Africa Region ThiS document ha a restricd ditibu"o and may be used by recpients only in the perfomane off thir official duties. Its contens may not otherwbe be disdosed without World Ebnk autoriation.-  CURRENCYQSXEI Ma[Rtglv Fmc(h xui US$1.00 Equivalent (Average) 1985 - 662.5 1986 676.3 1987 - 1,V69.2 1988 - 1,407.1 1989 - 1,603.4 1990 - 1,494.1 1991 - 1,835.4 1992 - 1,866.4 WEIGHIS AND MEASU 1 meter (m) = 3.28 feet (ft) 1 cubic meter (mn) = 35.29 cubic feet (cu.ft) 1 kilometer (km) = 0.62 mile (mi) 1 square kilometer (bn9) = 0.386 square mile (sq.mi) 1 hectare (ba) = 2.47 acre (ac) 1 klogram (kg) = 2.2 pounds (lb) 1 metric ton (m ton) = 2,204 pounds (lbs) 1 liter (1) = 0.26 US gallons (gal) ABBREVIATIONS AND ACRONYMS CCCE - Caisse Centrale de Coopdration Economique (now Caisse - Francaise de Developpement, CFD) RNCFM Reseau National des Chemins de Fer Malagasy (Madagascar National Railway) SEPT - Societe d'ExploIation du Port de ToaliasIna - (The Toamasina Port Authority) ERR - Economic Rate of Return Railway Lines: TCE - Atananrivo - Cote Est Line MLA - Moramanga - Lac Alaotra Line TA - Antananarivo - Antsirabe Line FCE - Fianarantsoa - C8te Est Line FISCAL YEAR OF THE BORROWER January 1 - December 31  FOR OFFICILX USE ONLY. THE WORLD BANK Washingtoni DC 20433 U.S.A. Office of Dtrector4General Operations waluarUoa August 259 1993 MEMORANDUM TO TRE EXECUTIVE DIRECTORS AND ME PRESIDENT SUBJECT: Project Completion Report on Madagascar Third Railway Prote