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Central Government/Public SectorProject Information
Road Asset Management Project
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$ 4.78 Cr
$ 47.80 Mn
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17-May-2017
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PID : 9624
Not Classified-Cambodia
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Description |
The project would help secure the paved road assets by financing overlay of about 850 km of paved highways that otherwise risk deteriorating prematurely over the coming 5 years and would help strengthen the future road maintenance by assisting the Ministry of Public Works and Transport (MPWT) with (i) establishing a dedicated Highway Maintenance Unit to undertake highway maintenance planning and implementation, (ii) identifying and implementing road tolling on high-traffic highway sections, to help fund future maintenance requirements, and (iii) starting the process of spinning-off its provincial force account units to the private sector. The outcome of the project would be a more sustainable road sector based on a sound core network and sustained road maintenance. This would help secure future economic growth in the country. |
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Project Rationale and Linkage to Country/Regional Strategy |
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Impact |
Help to secure sustainable economic growth. |
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