Strengthening Capacity for Improved Implementation of Externally Funded Projects in Cambodia (ADB-50111-001)

Countries
  • Cambodia
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
May 8, 2017
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Royal Government of Cambodia
The holder of the loan, grant, or other investment.
Sectors
  • Law and Government
The service or industry focus of the investment. A project can have several sectors.
Project Cost (USD)
$ 1.50 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Aug 2, 2017

Disclosed by Bank May 16, 2017


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Project Description
Previous TAs on enhancing project implementation and capacity building and country systems have started to build the capacity of executing and implementing agencies (EAs/IAs), in the areas of project administration, procurement and financial management, following Government's promulgation of the sub decree on Standard Operating Procedures (SOP) in 2012. The TAs provided support in operationalizing the sub decree and conducted training programs. However the outreach has been rather limited and performance has been uneven; aspects relating to utilizing knowledge of good implementation practices has also been limited and will need greater attention. According to bank documents, the Technical Assistance also builds on the implementation of the National Strategic Development Strategy (NSDP) 2014-2018 and in relation to areas of project administration, procurement and financial management, following Government's promulgation of the sub decree on Standard Operating Procedures (SOP) in 2012. The previous Technical Assistance provided support in operationalizing the sub decree and conducted training programs.
Investment Description
  • Asian Development Bank (ADB)
Contact Information
Ministry of Economy and Finance H.E. Pen Thirong, Director General of General Department of International Cooperation and Debt Management, Ministry of Economy and Finance thirong_pen@mef.gov.kh Street 92, Sangkat Wat Phnom Khan Daun Penh, Phnom Penh City Cambodia ACCOUNTABILITY MECHANISM OF ADB The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main