The World Bank Report No: ISR15235

Implementation Status & Results BR São Paulo Trains and Signalling (P106038)

Operation Name: BR São Paulo Trains and Signalling (P106038) Project Stage: Implementation Seq.No: 12 Status: ARCHIVED Archive Date: 28-Jun-2014 Country: Brazil Approval FY: 2008

Public Disclosure Authorized Product Line:IBRD/IDA Region: LATIN AMERICA AND CARIBBEAN Lending Instrument: Specific Investment Loan Implementing Agency(ies): Companhia Paulista de Trens Metropolitanos (CPTM), Metro Company of Sao Paulo Key Dates Board Approval Date 01-May-2008 Original Closing Date 30-Jun-2013 Planned Mid Term Review Date 26-Apr-2011 Last Archived ISR Date 16-Dec-2013 Public Disclosure Copy Effectiveness Date 28-Jul-2008 Revised Closing Date 30-Apr-2015 Actual Mid Term Review Date 26-Apr-2011

Project Development Objectives Project Development Objective (from Project Appraisal Document) The proposed development objective is to: a) improve the level-of-service provided to the urban rail transport users in the São Paulo Metropolitan Region in a safe and cost-efficient manner by increasing the peak-hour and off-peak carrying capacity of Lines A and F of the Companhia Paulista de Trens Metropolitanos(CPTM) and Lines 1, 2 and 3 of the São Paulo Metro Company (Metro); and b) continuethe strengthening of the transport management and policy framework in the SPMR. Has the Project Development Objective been changed since Board Approval of the Project?

Public Disclosure Authorized Yes No

Component(s)

Component Name Component Cost Infrastructure and Equipment 1503.00 Institutional and Policy Development 47.00

Overall Ratings Previous Rating Current Rating Progress towards achievement of PDO Moderately Satisfactory Moderately Satisfactory Overall Implementation Progress (IP) Moderately Satisfactory Moderately Unsatisfactory Overall Risk Rating Moderate Moderate Public Disclosure Authorized

Implementation Status Overview Although the PDO has been partially achieved with new trains in operation (40 for CPTM and 17 for Metro), there has been little implementation progress in the past 6 months on the remaining signaling and track improvement contracts. This is in part due to the complexity of developing and implementing these systems on lines in operation (Lines 1, 2, 3, 7 and 12) with high demand. Public Disclosure Copy

Locations

Page 1 of 5 Public Disclosure Authorized The World Bank Report No: ISR15235

Country First Administrative Division Location Planned Actual Brazil Not Entered São Paulo

Results

Project Development Objective Indicators Indicator Name Core Unit of Measure Baseline Current End Target trains per peak-hour/off peak Lines 7 and 12 Text Value 7.5/4 10/5 15/8 (formerly Lines A and F) of CPTM Date 30-Dec-2007 31-Dec-2013 31-Dec-2014 Comments This is pending confirmation Public Disclosure Copy by CPTM trains per peak-hour/off peak for Lines 1, 2 and Text Value Line 1= 33/24, Line 2=24/16, Line 1= 36/24, Line 2=27/16, Line 1=41/26, Line 2=28/18, 3 of Metro Line 3=35/21 Line 3=38/25 Line 3=44/28 Date 30-Dec-2007 31-Dec-2013 31-Dec-2014 Comments This is pending confirmation from METRO. Travel time+waiting time in CPTM Line 7 Text Value 80 minutes 63 57 (formerly Line A) - LUZ to Date 30-Dec-2007 31-Dec-2013 31-Dec-2014 (39 km) Comments Estimate based on reduced wait times only Travel time+waiting time in Metro Lines 1, 2 Text Value 29 minutes 19 14 and 3 - Se' to Penha (9.5km) Date 30-Dec-2007 31-Dec-2013 31-Dec-2014 Comments Estimate based on reduced wait times only passengers/square meter CPTM Lines 7 and Number Value 8.00 8.00 6.00 12 (formerly Lines A and F) Date 07-Aug-2007 01-Dec-2011 31-Dec-2014 Comments Ridership growth is outpacing the increase of the fleet in service. pasengers/square meter on METRO Lines 1,2 Number Value 8.00 8.00 6.00 AND 3 Date 30-Jun-2007 31-Dec-2012 31-Dec-2014 Comments Ridership growth is outpacing the increase of the fleet in service. INCREMENTAL DEMAND/DAY IN CPTM Number Value 0.00 180000.00 219341.00

Public Disclosure Copy (Lines A and F) Date 30-Jun-2007 31-Dec-2013 30-Jun-2015

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Comments To be confirmed with CPTM. Estimated sum for Lines 7 and 12; over 80% of target. INCREMENTAL DEMAND/DAY IN METRO Number Value 0.00 810000.00 921320.00 (Lines 1,2 AND 3) Date 30-Jun-2007 31-Dec-2013 30-Jun-2015 Comments To be confirmed with METRO. Increased ridership in Lines 1, 2, and 3 in relation to 2007. NUMBER OF USERS/DAY OF HOUSEHOLD Number Value 236200.00 0.00 356590.00 WITH LESS THAN 4 MINIMUM SALARIES IN Date 30-Jun-2007 01-Dec-2011 30-Jun-2015 Public Disclosure Copy CPTM LINES A+F Comments A study is underway to estimate this indicator in 2014. NUMBER OF USERS/DAY OF HOUSEHOLD Number Value 908500.00 0.00 1231090.00 WITH LESS THAN 4 MINIMUM SALARIES IN Date 30-Jun-2007 01-Dec-2011 30-Jun-2013 METRO LINES 1+2+3 Comments A study is underway to estimate this indicator in 2014. Working Ratio CPTM ( with compensation of Number Value 1.00 1.00 0.99 free/discounted tickets but without subsidy to Date 30-Jun-2007 01-Dec-2011 30-Jun-2013 cover deficit) Comments Working Ratio METRO ( with compensation of Number Value 1.00 1.00 0.99 free/discounted tickets but without subsidy to Date 30-Jun-2007 01-Dec-2011 30-Jun-2013 cover deficit) Comments

Intermediate Results Indicators Indicator Name Core Unit of Measure Baseline Current End Target % OF COMPLETION OF CPTM TRAINS Text Value 0 100 100 Date 30-Dec-2007 31-Oct-2013 31-Dec-2014 Comments Excludes 9 trains financed by AF which are at 92%. % of completion of Metro trains Text Value 0 100% 100 Date 30-Dec-2007 01-Dec-2011 30-Dec-2011 Comments

Public Disclosure Copy % of completion of CPTM systems Text Value 0 80% 100

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Date 30-Dec-2007 31-May-2014 30-Jun-2014 Comments No measurable progress. % of completion of Metro systems Text Value 0 30% 100 Date 30-Dec-2007 31-May-2014 31-Dec-2014 Comments No measurable progress. % of completion of STM studies Text Value 0% 80% 100% Date 30-Dec-2007 31-Oct-2013 30-Jun-2014 Comments Update of PITU was completed and published. BUI and CDTI maintained.

Public Disclosure Copy Other studies pending.

Data on Financial Performance (as of 29-May-2014)

Financial Agreement(s) Key Dates Project Ln/Cr/Tf Status Approval Date Signing Date Effectiveness Date Original Closing Date Revised Closing Date P106038 IBRD-75060 Effective 01-May-2008 12-Jun-2008 28-Jul-2008 30-Jun-2013 30-Apr-2015 P106038 IBRD-78200 Effective 21-Sep-2010 18-Oct-2010 08-Dec-2010 31-Dec-2012 31-Oct-2014

Disbursements (in Millions) Project Ln/Cr/Tf Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P106038 IBRD-75060 Effective USD 550.00 550.00 0.00 487.31 62.69 89.00 P106038 IBRD-78200 Effective USD 112.91 112.91 0.00 103.36 9.55 92.00

Disbursement Graph Public Disclosure Copy

Page 4 of 5 The World Bank Report No: ISR15235 Public Disclosure Copy

Key Decisions Regarding Implementation The implementation progress has been downgraded because of new and lingering problems with the remaining signaling and track improvement contracts for METRO and CPTM. This rating will be re-evaluated considering progress in the next 6 months.

Restructuring History Level two Approved on 21-Dec-2012

Related Projects P117122-Sao Paulo Trains and Signaling Additional Financing Public Disclosure Copy

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