Mozambique - First Roads and Coastal Shipping Project

Document of The World Bank FOR OFFICIAL USE ONLY MICROFICHE COPY Report No. P- 5751-MOZ Type: (PM) ALVAREZ, C/ X34616 I 111-19/ AF6IF MEMORANDUM AND RECOMMENDATION OF THE PRESIDENT OF THE INTERNATIONAL DEVELOPMENT ASSOCIATION TO THE EXECUTIVE DIRECTORS ON A PROPOSED CREDIT OF SDR 54.1 MILLION TO THE REPUBLIC OF MOZAMBIQUE FOR A FIRST ROADS AND COASTAL SHIPPING PROJECT MAY 6, 1992 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 E)IUIVALENT (as of November 1, 1991) Currency Unit - Mozambican Meticais (Mts) Official Rates US$1.00 - Mt 1783.00 Secondary Rates US$1.00 - Mt 1900.00 Parallel Rates US$1.00 - Mt 2150.00 FISCAL YEAR April 1 to March 31 WEIGHTS AND MEASURES 1 meter Cm) * 3.2808 feet (ft) 1 kilometer (km) , 0.6214 miles (mi) 1 metric ton (tonne) - 1.023 short tons GLOSSARY OP ABBREVIATIONS ASDI (or SIDA) - Swedish International Development Agency AIfD - African Development Bank BADNA Arab Bank for Economic Development in Africa am - Bank of Mozambique CFM = National Enterprise for Ports and Railways (Empresa Nacional de Portos e Caminhos de Ferro de Mocambique, E.E.) CRA - National Coumission foz the Environment DAtIDA - Danish International Development Agency DN Alfandegas - National Directorate of Customs, MDF DNEP - National Directorate of Roads and Bridges, MCA DNH - National Directorate of Maritime Affairs, MTC DNTR - National Directorate of Road Transport, MTC EEC - European Economic Community ERP - Economic Rehabilitation Program ESRP - Economic and Social Rehabilitation Program FINNIDA - Finnish International Development Agency FRP - Feeder Roads program FRG - Federal Republic of Germany GAPROMAR - Bureau of Maritime Projects. MTC GOM - Government of Mozambique ICB - International Competitive Bidding IDA - International Development Association LCB - Local Competitlve Bidding MCA A Ministry of Construction and Water MTC - Ministry of Transport and Communications MDF H Ministry of Finance RAVIQUE - State Navigation and Shipping Enterprise NORAD - Norwegian Agency For Development Cooperation PDP - Priority Districts Program PFI - Participating Financial Institution PPF - Project Preparation Facility PTIP - Public Investments Three-Year Plan ROCS - Roads and Coastal Shipping Projects RRP - Proposed Rural Rehabilitation Project RSA - Republic of South Africa $DC (or SWISS) - Swiss Development Cooperation TA - Technical Assistance TOR - Terms of Reference UNCDF - United Nations Capital Development Fund UNDP - United Nations Development Programme USAID - United States Agency for International Development  FOX OmCIAL USE ONLY REPUBLIC OF MOZAMBIQIU FIRST ROADS AND COA8TAL SNIPPING PRfOJPCT CRDT !AID PROJCT Wlll Borrowert Republic of Mosambique Beuefic5ariesz The Ministry of Transport and Coammnications, National Directorate of Maritime Affairs, Bureau of Maritime Projects, National Directorate of Road Transport, the Ministry of Construction and Water, National Directorate of Roads and Bridges, the Ministry of Finance, National Directorate of Customs, and the Bank of Mozambique, of the Borrower. A uat: SDR54.1 million (US$74.1 million equivalent) Te_ms: Standard IDA Terms, with 40 years mat rity Oulendinh Terms: The Borrower will pass oan US$5.8 million equivalent to the Bank of Mozambique (Central Bank), which would lend the funds to qualified PPls under terms and condition satisfactory to IDA. Onlending interest rates charged by PFIs to sub-borrowers would be positive in real terms and will be periodically reviewed by IDA (interest rates are being liberalized under IMP and IDA supervision). The foreign exchange risk would be borne by the Government. Finacu Plas DONOR US$ million Z IDA 74.3 51.3? SIDA 10.9 7.5? UNDP 7.9 5.5? BADEA 6.1 4.2Z EEC 2.7 1.9? FRANCE 2.6 1.8S MNCDF 2.5 1.7? SWISS 1.8 1.22 NORAD 1.7 1.22 OTtER FINANCIERS 13.3 9.2? (AfDB, DANIDA, GERMANY, RSA, SPAIN, USAID) MOZAMBIQUE 20.9 14.5Z TOTAL 144.7 100.O0 Economic tate 142 to .'150Z for feeder-road rehabilitation; 15Z for trunk- of Returns road rebabilitation, with minimum traffic. Estimated to be in excess of 122 for coastal shipping investments. Staff Avoraisal Reoorts No. 10336-MOZ mm% IBID No. 23129 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|  MD(ORhNDK MAND USC TION OF THSE PRESIDMIT OF THS INTERNATIONAL DEVELOPIIT ASSOCIATION TO TMl EXECUTIVE DIRECTORS ON A PROPOSED CREDIT TO MOZANBIQUE FOR A FIRST ROADS AND COASTAL SHIPPING PROJECT 1. I submit for your approval thR following memorandum and recommndation on a proposed development credit to the Republic of Mozambique for SDR54.1 million, the equivalent of US$74.3 million, to help finance a first project for rehabilitation sad efficiency improvement In the roads and coastal shipp&lg transport sub-sectors. The proposed credit would be on standard IDA terms with a msturity of 40 years. Other donors would make available parallel financing on * concessional terms for SDR36.0 million, the equivalent of US$49.5 million. 2. The October 1989 Transport Sector Review (Report No. 8656-MOZ), formally adopted by the Government of Mozambique (GOM) in March 1990, defined actions and priorities in the transport sector to support the economic recovery of Mozambique. The report emphasized the need for well coordinated rehabilitation and efficiency improvement in road and coastal shipping transport services, with a significantly increase in Institutional caDacity and the introduction of policy and regulatory reform, both of which have a long lead time, as necessary pre- requisites. TLese institutional elements are the main focus of the proposed First Roads and Coastal Shipping (ROCS-1) Project. The technical assistance (TA) included in ROCS-1 for Institutional capacity and policy and regulatory reform addresses both the needs of the Project, and of two subsequent Roads and Coastal Shipping projects (ROCS projects) expected to be considered for donor financial support during the next four years. The proposed credit fully complements the country strategy by supporting the Government's Priority District Program (PDP) which is at the core of GON's Economic and Social Rehabilitation Progral (ZSRP). 3. Country/Sector Backsround. For more than two decades Mozambique has been and still is affected by war. As a consequence of the ensuing insecurity and economic problems, coupled with ineffective centralized planning, large elements of the population have either fled the country or taken refuge in urban centers. resulting in chronic unemployment, poverty and famine, and one of the lowest per capita GDP in the world. Prom 1975 to 1986, agricultural production (which still accounts for about 45 of GDP and 80Z of employmeat and export earnings) fell by about 30X. GM's Economic Rehabilitation Program (ERP), launched in 1987, aimed at restoring macroeconomLc and fiscal stability and establishing appropriate growth incentives. This successfully reversed the collapse in production and exports and resulted in a sustained annual GDP growth rate averaging 5.42 in real terms. The ERP has since been succeeded by the ESBP, with similar economic objectives, but also endeavoring to ensure that the poorest sections of the population benefit from the adjustment. A central part of the ESRP is GOM's PDP, which focuses on stimulating development in 40 of Mozambique's 108 districtp considered secure and accessible and with relatively high agricultural potential, to improve incomes for the rural poor, provide  - 2-v surplus agricultural produce to feed hungry urban dwellers, and increase exports. 4. The natlonal road network has deterlorated to the point where nearly 40S is in poor or bad condition, creating major obstacles to the movement of agricultural products to the ports, markets and processing centers. This deterioration and the current inefficiency of the trucking industry are primarily the result ofs (i) insufficient skilled maupower at all levels of the National Directorate of Roads and Bridges (DNEP) of the Ministry of Construction and Water (M4CA) to plan and supervise the rehabilitation and muintenance of roads, and of the National Directorate of Road Transport (DMTh) of the Ministry of Transport and Communications (MTC) to promote effective truck fleet utilization (mostly In the hands of unmotivated state enterprises); (ii) Inefficient roads Institutional structure In the provinces; (iiI) poor accessibility to many areas due to lack of security; (iv) inadequate road maintenance budgets; and (v) foreign exchange restrictions which constrain private sector access to equipment and spare parts. 5. The development of coastal shipping operations along the country's 2,700 km coastline, the cheapest and, In terms of security, the safest north-south transport mode, has been hampered by scarce availability of NOH resources due to increasing concentration of efforts on rehabilitation of the three main port-rail corridors for international transit traffic in order to generate foreign exchange. As a result, the Infrastructure and handling equipment in the small coastal ports, the outlets for major agricultural production In the central and northern provinces, is in disrepair. Other factors contributing to t,e poor conditions prevailing in the small ports include: (i) insufficient qualified manpower at CPM, the state enterprise responsible for all Mozambican ports and railways, and at the National Directorate for Maritime Affairs (DNM) and Bureau of Maritime Projects (GAPROMAR) of MTC, the agencies responsible for planning and supervision of coastal shipping; (ii) an obsolete policy and regulatory framework which restricts management and operation of the small ports and discourages private sector participation in coastal shipping operations; (iii) the lack of an adequate fleet for shallow water ports, and inefficient shipping state enterprises, vhich substantially reduce effective coastal shipping capacity, and increases costs (iv) MTC's very weak leadership in long-term planning and in encouraging competitiveness; and tv) poor and inefficient procurement procedures. Road transport is not an alternative to coastal shipping because most north-south road corridors either have not been completed or are impassable due to insecurity. 6. Project Ob3ectives. The primary objectives of the proposed Project are to. (i) develop the institutional capacity in MCA and MTC necessary to effectively plan and supervise the rehabilitation and maintenance of roads and the efficiency improvement of small coastal ports serving the priority districts, and (ii) implement policy reforms in the trucking and coastal shipping sub-sectors, required to effectively support the ESRP and the agricultural development contemplated in GOM's PDP In particular, ROCS-1 would begin IDA's long-ternm assistance to GON in developing the Institutional and managerial- capacity and the policy and regulatory framework required to  successfully implement and sustaix ttansport improvements through this and subsequent projects. 7. Project Description. The Project includess i) technical assistance to DNMHGAPROMAR and other coastal shipping organizations, and to DNEP, intended to provide guidance and assistance during implementation of this and the two proposed subsequent ROCS prc. ects, including: (a) overall project management, (b) policy and regulatory reform, (c) facilitation of greater private sector involvement (awarding port management contracts, preparing transport state enterprises for divestiture), and (d) development and preparation of subsequent phases of a long-term roads and coastal shipping transport sub-sectors improvement program; (4i) the first five years of a comprehensive training program for road and coastal shipping personnel; (iii) studies and implementation of recommendations for policy and regulatory reform in road financing, procurement, trucking, and the local road contractors industry; (iv) initial assistance for intermodal facilitation, and for customs efficiency improvement; (v) small ports investments in infrastructure and in cargo handling equipment and tugs - the latter to be funded through a credit line, in five of the fifteen tertiary ports and in one of the five regional ports; (vi) investments in small port navigational aids and communications; (vii) final design and preparation of tender documents for rehabilitation of about 1,800 km of priority primary roads (approximately 352 of the paved national network); and (viii) the first phase of a long-term nationwide Feeder Roads Program (PRP), for the rehabilitation and maintenance in 22 priority districts of approximately 12t of the estimated 21,000 km feeder road network. 8. Arrangements for the small ports credit line are in compliance with OD 8.30, and are consistent with the financial sector strategy discussed in the April 1992 Financial Sector Study (Report No. 10269- MOZ). Targeting of credit is justified by the current lack of term lending in Mozambique and the inexperience of local banks in lending to concession holders and to the coastal shipping se.tor. The Project includes technical assistance to strengthen the term lending and coastal shipping lending operations of the financial sector. Review processes to be put in place will reduce the risk that resources are channelled to un-economic endeavors. While much remains to be done, policy reform in the financial sector is underway. Future actions will be supported by IDA's Economic Recovery Credit (FY92) and Financial Sector Adjustment Credit (FY94). Interest rates are positive in real terms and have been substantially liberalized under IMF and IDA supervision. 9. The Project is expected to be parallel co-financed by AfDB, BADEA, DANIDA, EEC, France, FINNIDA, Germany, NORAD, RSA, SDC, ASDI (SIDA), Spain, UNDP, UNCDF and USAID. As shown in Schedule A, total external financing amounts to the equivalent of US$123.8 million, with GOM contributing US$20.9 million, plus annual road maintenance budgets, from its own resources. The annual budget requirements are within the ceilings set in GOM's 1992-94 Public Investments Three-Year Plan (PTIP). Amounts and methods of procurement and disbursement, as well as a disbursement schedule, are included in Schedule B. A timetable of key Project processing events is contained in Schedule C. The Status of Bank Group Operations in Mozambique is included in Schedule D.  -4- 10. Project Imolemontation. The Project will be implemented by the respective sectoral ministries. Construction and Water (WCA) will be responsible fos the road and bridge infrastructure component. Transport and Comunications (KTC) will coordinate and monitor the coastal shipping component and road transport elements of the Project. MCA's National Director of boads and Bridges has been given full formal authority to represent WCA in the management of Project impleaentation. NTC has granted similar authority to the Director of its Bureau of Maritime Projects (GAPROMAR). 11. To assist GON in the coordination of various donors and Project components and in the preparation of subsequent roads and coastal shipplng transport sector improvement projects, a transport management specialist (funded by UNDP and other donors) will be assigned to the Project In the capacity of PrLoect Coordinator for approximately three years on secondent from IDA, under an arrangement similar to a successful one Implemented in 1990 for the Integrated Roade Project (IP) In Tanzania (Credit No. 2149-TA). 12. Proiect Sustainability. ROCS-1 principal aims is to provide the institutional capacity and policy and regulatory reform indispensable for sustainability of investments in the rehabilitation and efficiency improvement of the transport sector In Mozambique, with initial emphasis on road and coastal shipping transport services through this and subsequent ROCS projects. 13. 'Lssons Learmed from Previous IDA Involvement. The proposed Project is the second operation in the transport sector and the third investment in physical infrastructure supported by the Bank Group in Mozambique. It is also the first projoect addressing policy and regulatory reform in the infrastructure sector. Lessons learned from the BDera Transport Corrldor Project (Credit No. 2065 MOZ), in which IDA's participation includes significant capacity building and technical assistance, and from the road and *treet rehabilUtation and maintenance component of the Urban Rehabilitatioa Project (Credit No. 1949 MOZ), have been given full considerat9on in the design of this new operation, particularly in terms of addressing problems and delays in procurement of goods and services. and of providing for the prevailing lack of implesmentation capacity. Project design has taken full account of experiences described in the recent OZD Report No. 8573: Free-standing Technical Assistance for Institutional Develooment in Sub-Saharan AfrFea, by including performance-based procedures for coordinating and monitoring the Project's TA. 14. Rationale for IDA Involvement. ROCS-l and subsequent ROCS projects would be an integral part of IDA's assistance to GON in accomplishing Mozambique's macroeconomic reform and embarking on sustainable economic recovery. Such assistance should now focus on extending manpower development and policy refozm efforts to the transport modes serving domestic development needs, and on removing the transport sector bottlenecks that are obstacl e to the ZSRP. IDA is already funding manpower development efforts in the Beira Transport Corridor (Credit No. 2065-MOZ) Project because the Corridor is a key foreign exchange earner, The emphasis on shifting investments to the  private sector as far as possible, as vell as on mobilizing private sector investment through supporting regulatory reform, is an integral part of the Bank's strategy to focus 00)8s limited resources where they are most needed. 15. Agreements. During negotiations, agreement was reached ons (t) policy ruform measures In the areas of tariffs, overall policy and regulatory reform and procurement procedures; (11) G0M action plans and timetables for implementation of the Road Maintenance Fund, restructuring of all coastal shipping companies owned directly or indirectly by 00M together with adoption of policies that allow full competitiveness and private sector accees to the market, divestiture of own-account trucking fleets by state enterprises, and removal of mandatory tariff and entry barriers for long-distance road transport freight servicesl (111) agreements to be reached at annual reviews on training program- and small ports credit line on-lending arrangements; (iv) assurances rigardino acceptable economic rates of return on road and domestic port investments, environmental assessments on new Investments in road and small port infrastructure, and annual recurrent budget allocations and counterpart funding; and (v) undertaking a comprehensive mid-term review. A condition of effectiveness of the credit is that the roads general consultants have been selected. Agreed conditions of disbursement are: (i) for coastal shipping: that GOM has selected the regulatory sad supervision consultants; (1i) for disbursement to the Bank of MKoambique (BM) for the small ports credit line: (a) that a subsidiary administration agreement has been entered Into between GOM and DM, (b) that 3M has signed participation agreements with at least two participating financial iustitutions (PFIs), and (c) that G0M has adopted a policy to award long-term renewable contracts for the management of mall ports; and (iWi) for disbursement by a PFI to a port operator for investments in one of the small ports, presentation of an executed management contract for that port. 16. Environmental As8ects. The Project is classified as a '3 project with some possible environmental impact, particularly in the small ports. A recently completed study on the Development of Coastal Shipping in Mogambicue funded with an IDA PPF advance- included an environmental assessment, as well as recommended environmental protection measures which will be implemented with technical assistance to MTC and to the newly created National Environmental Commission (CNA) provided under the Project. Four feasibility studies for the rehabilltation of primary roads linking feeder road networks in the priority districts with coastal ports have also been completed using IDA PPF advance funds. These include environmental assessments and recommendations to be applied in final designs to be carried out under the Project. 17. Program Oblective Categories. The Project would contribute to attaining key objectives in the following categoriess (i) public sector reform, through the implementation of comprehensive training programs, improved planning and supervision practices and procedures, and an effective policy and regulatory framework; (ii) private sector participation, through support to the nascent local construction industry, award of management contractslcone.ssions for mall-port  operations, development of guidelines for privatizing the trucking industry, including the adoption of cost-based tariffs, and initiation of transport and trade facilitation; (iii) poverty alleviation, through generation of employment resulting from increased access to markets and reduction of costs, and the use of unskilled rural workers, including women, on labor-based feeder-road rehabilitation; and (iv) protection of the environment, through technical assistance to GONs newly created National Couission for the Environment (CMA) and implementation of environmental assessments and impact mitigation measures in road and coastal shipping investments. 18. Benefits. Unless accessibility to primary agricultural areas is improved and transport costs are reduced, the economic recovery programs cannot be sustained and, without significant policy reform and institution building, existing transport bottlenecks will not be overcome. Therefore, substantial quantifiable and non-quantifiable short and long term benefits are expected from the Project, particularly in terms of institutional capacity and policy and regulatory reform necessary for the massive rehabilitation and efficiency improvement of the transport sector required upon attainment of peace to support agricultural production recovery, increase employment, reduce food costs, alleviate poverty and famine, increase export of cash crops, and reeuce GOM's financial burden imposed by its transport state enterprises. 19. Risks. There are significant risks, particularly the unpredictable security situation due to the ongoing hostilities, which may delay Project implementation or increase costs. The current lack of coordination between Government agencies involved in the transport sector and their limited institutional capacity are also potential risks. Flexible design, substantial technical assistance, training and supervision, frequent formal reviews, and early implementation of policy and regulatory reform have been included in the Project to reduce the risks. 20. Recomendation. I am satisfied that the proposed development credit would comply with the Articles of Agreement of the Association and recommend that the Executive Directors approve it. Lewis T. Preston President Attacbments Washington, DC May 6, 1992  C. 7 - Schedule A Page 1 of I MOZAMBIQUE FIRST ROADS AND COASTAL SHIPPING PROJECT Sarv Prolect Cost and Financima Plea Sumuary Proiect Cost: Costs (US$ mIllion) Local ForelIn Total A INSTITUTIONAL SUPPORT 1 Roads TA and Studies 5.7 23.9 29.6 2 Roads Training and Development 10.1 18.2 28.2 3 Trucking Studies 0.1 0.5 0.5 4 Coastal Shipping TA & Studies 1.5 6.7 8.2 S Shipping Training and Develop. 0.4 1.5 1.9 6 Customs & Trade Facilitation 0.1 0.7 0.8 7 Transport Sector Institution 0.4 1.6 2.0 8 Environmental Covmission 0.1 0.6 0.7 Sub-total Part A 18.3 53.6 71.9 B ENG RIG SERVICES 0.0 0.0 0.0 1 Roads 1.8 7.2 9.0 2 Coastal Shipping 0.1 1.2 1.3 Sub-total Part B 2.1 12.4 14.5 C COASTAL SHIPPING REHABILITATION 0.0 0.0 0.0 1 Credit Line Investments 1.0 5.5 6.5 2 Other Port Investments 0.7 3.7 4.4 Sub-total Part B 1.7 9.2 10.9 V FEEDER ROAD REHABILITATION 11.6 9.9 21.5 TOTAL BASE COST 33.8 85.1 118.8 Physical Contingencies 2.4 5.2 7.6 Price Contingencies 5.6 12.7 18.3 TOTAL COST 41.7 102.9 144.7 linancina Plans SOURCE AMOUNT Percent (US$ million) IDA 74.3 51.3 OTHER DONORS 49.5 34.2 SUB-TOTAL 123.8 85.5 MOZAMBIQUE 20.9 14.5 TOTAL 144.7 100.0  Schedule B Page i- of 2 NOZAMBIQUE FIRST ROADS AND COASTAL SHIPPING PROJECT Procureent Methods and b-sbursements Summary Procurement Arrangements (in US$ million equivalent) ICB LCB OTHER N/A b TOTAL Civil Works 3.0 2.9 0.1 13.C 19.0 (2.7) (2.6) (0.1) (5.4) Equipment & Spare Parts 0.6 16.5 17.1 (0.6) (0.6) Consultant Services 45.3 23.8 69.1 (44.3) (44.3) Other Training Costs 5.3 0.3 5.6 (3.7) (3.7) Credit Line 6.5 6.5 (5.8) (5.8) PPF Refinancing 1.5 1.5 (1.5) (1.5) Base Costs 3.0 2.9 59.3 53.6 118.8 (2.7) (2.6) (56.0) (61.3) Contingencies 0.5 0.3 11.7 13.4 25.9 Grand Total 3.5 3.2 71.0 67.0 144.7 "Figures in parentheses indicate financing by IDA. v Not applicable (includes bilateral donors).  - 9.. Schedule B Page 2 of 2 MOZAMBiQUE FIRST ROADS AND COASTAL SHIPPING PROJECT Disbursement bv Element and Disbursement Schedule Allocation and Disbursement of IDk Credit (in US$ millions) Allocation: IDA 2 of Expenditure Cateitory Amount to be Financed (1) Roads Component (a) Consultants' services 36.0 1001 (b) Training 3.1 1001 foreign; 601 local (c) Civil works 4.0 90S (2) Coastal Shipping Component (a) Consultants' services 6.0 1001 (b) Training 0.6 1001 foreign; 601 local (c) Equipment, vehicles 0.3 1001 (d) Civil works 1.5 90? (3) Trade Facilitation (a) Consultants' services 0.7 1OOX (b) Equipment and spare parts 0.2 100l (4) Line of Credit 5.8 90S (5) Implementation and Audits 1.6 100? (6) Refunding of PPP Advance 1.5 Amount due (7) Unallocated 13.0 TOTAL 74.3 Estimated Disbursement: IDA FY98 YME M!E LIE an "9 ANNUAL DISSUSEMENTS 74.8 10.2 10.0 10. 15.7 7.9 8.1 Annuel Percenag 14X 263 2X1 tiX llX 4X CUIATIVE DISSURSEMENTS 10.2 20.0 47.0 08.8 71.2 74.8 Cumulatve Percentage 14X 8$0 04X o1n 611 WOS  - 10 - Schedule C Page 1 of 1 MOZAMBIQUE FIRST ROADS AND COASTAL SHIPPING PROJECT Timetable of Mem Prolect Processinn lvents 1. Time taken to preparet 24 months 2. Prepared bys IDA (AF6IN)' S. First IDA mission: March 1990 4, Identification missions June 1990 5. Preparation missions: October and December 1990 and April 1991 6. Appraisal missions September-October 1991 7. Pre-negotiatione missions February 1992 S. Negotiations$ April 1992 10. Planned effectiveness: November 1992 ^ Carlos Alvarex, Task Manager; John Roome, Economist/Financial Analystg Charles Powers, Highway Engineer (Consultant).  - 11 - Schedule D Page 1 of 2 MOZAMEIQUE FIRST ROADS AIID COASTAL SHIPPING PROJECT Status of Bank Group Operations in Mozambique A. Statement of IDA Credits (as of February 29, 1992) Amount Amount Fiscal of Credit Undisbursed Closing Credit No. Year TItle (US milIIon) USSm IlIIon) Date 1So0-UOZ 67 Energy T.chnteal Assistance & RehbbtlItatton 20.00 11.00 12/81/92 03S8-0Zo 88 Scond Rehabiitation 18.60 0.10 00/0/91 1907-MOZ s Educatlon and Manpower Development 15.90 8.02 12/81/95 1949-WM s Urban Rehobii tation C0.00 *88.U 12/81/SC 199-MOZ 09 HeIth & Nutrition 27.00 24.74 12/81/94 2021-MOe? s Third RehabTIitation 90.00 S 1 04/80/92 2088-MOz 69 Urban Hou"hold Energy 22.00 18.59 12/81/98 2065-MOZ 90 BeiTa Transport CorrIdor 40.00 86.85 00/80/90 2066-MOE 90 Economic A Financial Management 21.00 20.88 12/81/97 2061-110 90 Industrial Enterprise Rsstructuring 50.10 51.88 12/31/97 2082-MGZ 90 Small- A UMdiu-Scale Enterprise Development 82.00 81.11 12/81/96 2175-MOE 91 Agricultural Rehabil tation A Development 15.40 15.06 06/80/99 2200-MOZ 91 Second Education 58.70 50.88 04/80/97 288T7-MO 92 Agricultural Services Rehabiltation 85.00 85.57 Total' (14 Credits) 600.70 889.66 (2 Crdits closed] 114.55 Total" 615.26 of which repaid Totl he ld by IDA 615.25 Amount sold of which repaid Total Undiborsed M&8L 0 * tIndicates SAL/SECAL Credita Active Cedit ** Total Approved, Repayments and Outstanding Balance represe_ both activo and Inactive Credits.  12 Schedule D Page 2 of 2 MOZAMBIQUE FItST ROADS AND COASTAL SHIPPING PROJECT S. Statement of IPC Investmet. (as of March 31, 1992) Investment Fiscal Type of Loan Equity Total Number Year Oblipor Business US$ million ) 864-MOZ 1987 LOMACO Food/Food Processing 2.5 2.5 978-MOZ 1988 Xal Xai Oil Chemical/Petrochemical 7.8 7.8 Total Gross Comitments 2.5 7.8 10.3 Less: Cancellations, terminations, exchange adjustments, repayments, write-offs and sales 1.5 7.8 9.3 Total Commitments held by IFC 1.0 0.0 1.0 Total Undisbursed 0.0 0.0 0.0 Total Disbursed 1.0 0.0 1.0  t - ; Js f s 34' 34' 4 ~~oo~~~~ TANZANIA - MALAWI- - P . O O G.-~~~~~~~~~~~~~~~~~~~~~~~~~~~~. ZEA M B I A t << \lScr ; . ( , t 0 " .: . A . ' ') 1 ZIMBABWE rHASILITAMON OF UWAVED ROAM To HnM P': e ~~tA..3 S1