44172-022: Tonga-Fiji Submarine Cable Project

[Pages:50]Completion Report

Project Number: 44172-022 Grant Number: 0256 December 2020

Tonga: Tonga?Fiji Submarine Cable Project

This document is being disclosed to the public in accordance with ADB's Access to Information Policy.

T$1.00 $1.00

Currency Equivalents

Currency unit ? pa'anga (T$)

At Appraisal

28 March 2011 = $0.5517 = T$1.8125

At Project Completion

28 March 2018 $0.4597 T$2.1748

ABBREVIATIONS

ADB CEO DMF EIRR EMP FIRR ICT Mbps MEIDECC

MFNP PMU PRIF RRP TA TCC TCL WACC

? Asian Development Bank ? Chief Executive Officer ? design and monitoring framework ? economic internal rate of return ? environmental management plan ? financial internal rate of return ? information and communication technology ? megabits per second ? Ministry of Meteorology, Environment, Information, Disaster

Management, Climate Change and Communications ? Ministry of Finance and National Planning ? project management unit ? Pacific Regional Infrastructure Facility ? report and recommendation of the President ? technical assistance ? Tonga Communications Corporation ? Tonga Cable Limited ? weighted average cost of capital

NOTES

(i) The fiscal year (FY) of the Government of Tonga and its agencies ends on 30 June. "FY" before a calendar year denotes the year in which the fiscal year ends, e.g., FY2018 ends on 30 June 2018.

(ii) In this report, "$" refers to United States dollars unless otherwise stated.

Vice-President Director General Deputy Director General Director

Team leader Team members

Ahmed Muneeb Saeed, Operations 2 Leah Gutierrez, Pacific Department (PARD) Emma Veve, PARD

Masayuki Tachiiri, Pacific Subregional Office (SPSO), PARD

Albert Cerelala, Associate Project Officer, SPSO, PARD Sibesh Bhattacharya, Principal Infrastructure Specialist (Information and

Communication Technology), Transport and Communications Division, PARD Taniela Faletau, Safeguards Specialist, Portfolio, Results, and Quality Control Unit, PARD Katherine Guy, Infrastructure Specialist, SPSO, PARD Tatafu Moeaki, Senior Country Coordination Officer, Pacific Country Office (Tonga), SPSO, PARD Vijay Narayan, Senior Project Officer, SPSO, PARD Belvina Puamau, Senior Operations Assistant, SPSO, PARD Rommel Rabanal, Public Sector Economist, Social Sectors and Public Sector Management Division, PARD Isoa Wainiqolo, Senior Economics Officer, SPSO, PARD

In preparing any country program or strategy, financing any project, or by making any designation of or reference to a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.

CONTENTS

BASIC DATA

I.

PROJECT DESCRIPTION

II. DESIGN AND IMPLEMENTATION

A. Project Design and Formulation

B. Project Outputs

C. Project Costs and Financing

D. Disbursements

E. Project Schedule

F. Implementation Arrangements

G. Technical Assistance

H. Consultant Recruitment and Procurement

I.

Safeguards

J. Monitoring and Reporting

III. EVALUATION OF PERFORMANCE

A. Relevance

B. Effectiveness

C. Efficiency

D. Sustainability

E. Development Impact

F. Performance of the Recipient and the Executing Agency

G. Performance of Cofinanciers

H. Performance of the Asian Development Bank

I.

Overall Assessment

IV. ISSUES, LESSONS, AND RECOMMENDATIONS

A. Issues and Lessons B. Recommendations

APPENDIXES 1. Original Design and Monitoring Framework 2. Revised Design and Monitoring framework 3. Project Cost at Appraisal and Actual 4. Project Cost by Financier 5. Disbursement of ADB Grant Proceeds 6. Chronology of Main Events 7. Contract Awards of ADB Grant Proceeds 8. Status of Compliance with Grant Covenants 9. Financial and Economic Reevaluation

10. Ratings of Sovereign Projects

Page

i

1

1 2 2 3 4 4 5 5 6 6 7

7 7 8 9 9 10 11 12 12 12

13 13 13

14 16 20 21 23 24 25 26 36

40

BASIC DATA

A. Grant Identification

1. Country 2. Grant number and financing source 3. Project title 4. Recipient 5. Executing agency 6. Amount of grant 7. Project completion report number 8. Financing modality

Kingdom of Tonga 0256 Tonga?Fiji Submarine Cable Project Government of Tonga Ministry of Finance and National Planning $9.7 million

Grant

B. Grant Data

1. Appraisal ? Date started ? Date completed

28 March 2011 01 April 2011

2. Grant negotiations ? Date started ? Date completed

17 May 2011 18 May 2011

3. Date of Board approval

23 August 2011

4. Date of grant agreement

9 September 2011

5. Date of grant effectiveness ? In grant agreement ? Actual ? Number of extensions

8 December 2011 21 December 2011 1

6. Project completion date ? Appraisal ? Actual

30 June 2016 28 March 2018

7. Grant closing date ? In grant agreement ? Actual ? Number of extensions

31 December 2016 25 June 2018 1

8. Financial closing date ? Actual

30 June 2018

ii

9. Disbursements a. Dates

Initial Disbursement 31 May 2012 Effective Date

21 December 2011

Final Disbursement 05 February 2018

Actual Closing Date 30 June 2018

Time Interval 68 months

Time Interval 78 months

b. Amount ($`000)

Category

Original Allocation

(1)

01 Equipment

01A Equipment ? New domestic cable

9,700

Increased during

Implementation (2) (2,288)

2,288

Canceled during

Implementation (3) 0

0

Last Revised Allocation (4=1+2?3)

7,412

2,288

Amount Disbursed

(5)

7,412

2,288

Undisbursed Balance (6=4?5)

0

0

Total

9,700

0

0

9,700

9,700

0

C. Project Data

1. Project cost ($`000)

Cost Foreign exchange cost Local currency cost Total NA = not applicable.

Appraisal Estimate NA NA NA

Actual NA NA NA

2. Financing plan ($`000)

Cost

Appraisal Estimate

Actual

Implementation cost

Recipient financed

6,600

4,197a

ADB financed

9,700

9,700

Other external financing (World Bank)

14,695

14,695

Total implementation cost

32,800

28,592

Interest during construction costs

Recipient financed

0

0

ADB financed

0

0

Other external financing

0

0

Total interest during construction cost

0

0

a The figure covers the government's contribution up to 30 April 2014. After this period, the government's contribution

was not captured in government's financial reports.

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