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World Bank Document The World Bank Report No: ISR15200 Implementation Status & Results China ShiZheng Railway Project (P099062) Operation Name: ShiZheng Railway Project (P099062) Project Stage: Implementation Seq.No: 8 Status: ARCHIVED Archive Date: 16-Jun-2014 Country: China Approval FY: 2008 Public Disclosure Authorized Product Line:IBRD/IDA Region: EAST ASIA AND PACIFIC Lending Instrument: Specific Investment Loan Implementing Agency(ies): China Railway Corporation Key Dates Board Approval Date 24-Jun-2008 Original Closing Date 31-Dec-2013 Planned Mid Term Review Date Last Archived ISR Date 17-Dec-2013 Public Disclosure Copy Effectiveness Date 18-Nov-2008 Revised Closing Date 30-Nov-2015 Actual Mid Term Review Date Project Development Objectives Project Development Objective (from Project Appraisal Document) The development objective of the Project is to meet growing freight and passenger market demand in the railway corridor between Shijiazhuang and Zhengzhou, while substantially improving the level of service offered to customers, and to improve the maintenance of the catenary system on high speed rail lines. Has the Project Development Objective been changed since Board Approval of the Project? ● Yes No Public Disclosure Authorized Component(s) Component Name Component Cost Catenary Maintenance Equipment 115.00 ShiZheng Railway 4901.25 Technical Assistance 1.00 Overall Ratings Previous Rating Current Rating Progress towards achievement of PDO Highly Satisfactory Highly Satisfactory Overall Implementation Progress (IP) Satisfactory Satisfactory Public Disclosure Authorized Overall Risk Rating Low Low Implementation Status Overview With the opening of the line, the original project development objective has been achieved. The Passenger Dedicated Line between Shijiazhuang and Zhengzhou was put into commercial operation on December 26, 2012 and has been successfully operational for about 17 months. 50 pairs of trains operate on the new line between the two cities, a Public Disclosure Copy substantial ramp up in capacity since it opened with 36 pairs. The non-stop trains between the two cities take only 81 minutes for a distance of 412 km (a remarkable average speed of 300 kph). Page 1 of 5 Public Disclosure Authorized The World Bank Report No: ISR15200 The August 2012 project restructuring enabled the project to support the purchase of advanced catenary maintenance equipment using some of the original loan savings. Those are being manufactured. The project closing date was extended to November 30, 2015 as part of the project restructuring. Locations Country First Administrative Division Location Planned Actual China Henan Sheng Zhengzhou Shi China Henan Sheng Zhengzhou China Henan Sheng Yuanyang Xian China Hebei Sheng Yuanshi Xian Public Disclosure Copy China Henan Sheng Xinxiang Xian China Hebei Sheng Xingtai Xian China Hebei Sheng Wancheng China Henan Sheng Tangyin Xian China Hebei Sheng Tangshan China Hebei Sheng Shijiazhuang Shi China Hebei Sheng Shahecheng China Hebei Sheng Qinhuangdao Shi China Hebei Sheng Neiqiu Xian China Henan Sheng Luoyang China Hebei Sheng Luancheng Xian China Hebei Sheng Longyao Xian China Henan Sheng Weihui Shi China Hebei Sheng Luquan Shi China Hebei Sheng Hebei Sheng China Hebei Sheng Gaoyi Xian China Hebei Sheng Dongwang Public Disclosure Copy China Hebei Sheng Shijiazhuang Zhan Page 2 of 5 The World Bank Report No: ISR15200 Country First Administrative Division Location Planned Actual China Hebei Sheng Xifucun China Hebei Sheng Qiaoxi Qu China Henan Sheng Wenfeng Qu China Hebei Sheng Xisu China Hebei Sheng Jianzhuang China Hebei Sheng Nanbao Public Disclosure Copy China Hebei Sheng Shangcheng China Hebei Sheng Ducun Results Project Development Objective Indicators Indicator Name Core Unit of Measure Baseline Current End Target Average number of pairs of trains of maximum Text Value NA 46 77 speed of 300km/h operated per day on the Date 31-Dec-2006 30-May-2014 31-Dec-2015 Shijiazhuang and Zhengzhou section of the newline. Comments Exceeds end 2013 target of 24 pairs of trains at 300km/h (total 2013 target of 36 pairs met) Average number of pairs of trains of maximum Text Value NA 4 23 speed of 200km/h operated per day on the Date 31-Dec-2006 30-May-2013 31-Dec-2015 Shijiazhuang and Zhengzhou Section of the newline. Comments Lower than target of 12 by end 2013. The Railway decided to allocate more 300 kph trains and fewer 250 kph trains. It should be noted that the number of conventional trains remains high as well. Average travel time of 300km/h train between Text Value 0 81 85 Shijiazhuang and Zhengzhou (minutes) on the Date 31-Dec-2006 30-May-2014 31-Dec-2015 same section of the new line. Comments Better than expected. Public Disclosure Copy Page 3 of 5 The World Bank Report No: ISR15200 Average number of pairs of freight trains Text Value 56 55 67 operated per day on the Xinxiang to Date 31-Dec-2006 30-May-2014 31-Dec-2015 Zhengzhou section of the existing railway line Comments below estimate, since the number of conventional passenger trains has remained high. Power failure incident per operated train on Number Value 100.00 100.00 95.00 HSR lines Index 100 in 2013 Date 31-Dec-2013 25-Nov-2013 31-Dec-2015 Comments updated annually. Intermediate Results Indicators Public Disclosure Copy Indicator Name Core Unit of Measure Baseline Current End Target % of civil works completed (physical % Text Value 0 100 100 complete) Date 31-Dec-2006 30-May-2014 31-Dec-2012 Comments % of equipment contracted (by value) Text Value 0 100 100 Date 31-Dec-2006 30-May-2014 31-Dec-2012 Comments Percent of new equipment contracted Percentage Value 0.00 100.00 100.00 Date 14-Nov-2012 30-May-2014 31-Dec-2013 Comments All contracts signed. Data on Financial Performance (as of 01-Nov-2013) Financial Agreement(s) Key Dates Project Ln/Cr/Tf Status Approval Date Signing Date Effectiveness Date Original Closing Date Revised Closing Date P099062 IBRD-75570 Effective 24-Jun-2008 16-Sep-2008 18-Nov-2008 31-Dec-2013 30-Nov-2015 Disbursements (in Millions) Project Ln/Cr/Tf Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P099062 IBRD-75570 Effective USD 300.00 300.00 0.00 205.74 94.26 69.00 Disbursement Graph Public Disclosure Copy Page 4 of 5 The World Bank Report No: ISR15200 Public Disclosure Copy Key Decisions Regarding Implementation N/A Restructuring History Board/AOB Decision on 21-Aug-2012 Related Projects There are no related projects. Public Disclosure Copy Page 5 of 5.
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