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Peru Second Rural Roads Project CONTENTS Data Sheet…………………………………………………….……………....…………...i A. Basic Information…………....…………………………………………………......i B. Key Dates……………………...…………………….………………..…………....i C. Ratings Summary………………………………………………………………......i D. Sector and Theme Codes………………………………………………………….ii E. Bank Staff……………………………………………………………………….....ii F. Results Framework Analysis………………………………………………….......iii G. Ratings of Project Performance in ISRs…………………………………….........vi H. Restructuring………………………………………………………………….......vi I. Disbursement Graph……………………………………………………………...vii 1. 2. 3. 4. 5. 6. 7. Project Context, Development Objectives and Design:.............................................. 1 Key Factors Affecting Implementation and Outcomes ............................................ 12 Assessment of Outcomes .......................................................................................... 22 Assessment of Risk to Development Outcome......................................................... 33 Assessment of Bank and Borrower Performance ..................................................... 35 Lessons Learned........................................................................................................ 39 Comments on Issues Raised by Borrower/Implementing Agencies/Partners........... 43 Annex 1. Annex 2. Annex 3. Annex 4. Annex 5. Annex 6. Annex 7. Annex 8. Annex 9. Project Costs and Financing.......................................................................... 45 Outputs by Component ................................................................................. 47 Economic and Financial Analysis................................................................. 60 Bank Lending and Implementation Support/Supervision Processes ............ 67 Beneficiary Survey Results........................................................................... 69 Stakeholder Workshop Report and Results .................................................. 84 Summary of Borrower’s ICR........................................................................ 94 Comments of Cofinancier ........................................................................... 120 List of Supporting Documents .................................................................... 122 MAPS IBRD 35059, IBRD 35515, IBRD 35516 ........................................................... 123