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Project Performance Audit Report for the Ivory Coast Second Education Project

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The Second Education Project for the Ivory Coast had mixed results. Physical implementation of the project was generally good. Equipment and furniture are generally appropriate, although some unsuitable equipment has apparently been procured for the vocational training centers, perhaps because of a lack of consultation with employers on equipment lists. While both the vocational training centers Show MoreThe Second Education Project for the Ivory Coast had mixed results. Physical implementation of the project was generally good. Equipment and furniture are generally appropriate, although some unsuitable equipment has apparently been procured for the vocational training centers, perhaps because of a lack of consultation with employers on equipment lists. While both the vocational training centers and the project teacher training centers were fully staffed, adequately funded, and operating at capacity at the time of the completion mission, there is still a need to ensure that all such facilities, particularly those supported by the Bank, are properly used before further capacities are financed by the Bank. Finally, the pre-investment studies financed under the project have had little impact, as the operating ministries did not follow up the recommendations. Overall, the project has not fully achieved its main objectives.

Eighth Annual Review of Project Performance Audit Results

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Project Performance Audit Report - Nigeria - Second Education Project

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Project Performance Audit Report - Malawi - Lilongwe Land Development Program Phase III

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Project Performance Audit Report - Nigeria - First Education Project

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Brazil: Hydroelectric Projects (PPAR)

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The Carajas Project, approved in August 1982 and involving a loan of US$304.5 million, was the second Bank-supported operation for iron ore mining activities in Brazil. It also followed two operations for aluminum production and five loans for expansion of the domestic steel industry. However, it was the Bank’s first operation in support of the state-owned Rio Doce Valley Company (CVRD). Brazil’s Show MoreThe Carajas Project, approved in August 1982 and involving a loan of US$304.5 million, was the second Bank-supported operation for iron ore mining activities in Brazil. It also followed two operations for aluminum production and five loans for expansion of the domestic steel industry. However, it was the Bank’s first operation in support of the state-owned Rio Doce Valley Company (CVRD). Brazil’s foremost iron ore producer and exporter. At the time it was approved, the Carajas operation was the Bank’s largest single loan to Brazil and one of the largest made by the institution anywhere in the world. The Bank loan nevertheless, corresponded to less than 7% of total project cost, which was estimated at appraisal to be on the order of US$4.5 billion. The operation also received considerable external financing from Japanese, European and American lenders, as well as from Brazilian sources other than CVRD, for which the Bank’s positive appraisal played a major role.

Project Performance Audit Report - Malawi - Lilongwe Land Development Program Phase II

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Project Performance Audit Report - Malawi - Lilongwe Land Development Program Phase I

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