Cambodia is increasingly integrating with the region and has enjoyed a decade of macroeconomic stability and growth. However, its progress in meeting the Millennium Development Goals is uneven. Read More »
The objective of the Road Asset
Management Project for Cambodia is to ensure continued
effective use of the rehabilitated national and provincial
road network in support... Show More + of the economic development in
Cambodia. It will do so by improving the institutional and
technical capacity of the ministry of public works and
transport for road maintenance planning, budgeting and
operations, and by expanding and strengthening maintenance
activities. The changes include: (i) a nine month extension
of the credit closing date from September 30, 2013 to June
30, 2014 to complete the ongoing project activities; (ii) a
re-allocation of the project proceeds based on the
disbursement forecasts; and (iii) an adjustment of
International Development Association (IDA) road maintenance
target. The project is now in a good dynamic to achieve its
development goals. The Project Development Objective (PDO)
and the overall implementation performance have been rated
moderately satisfactory and satisfactory. Show Less -