Second Additional Financing to Liberia Road Asset Management Project (WB-P161939)

  • Liberia
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Bank Risk Rating
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.
Government of Liberia
The holder of the loan, grant, or other investment.
  • Infrastructure
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 40.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 40.00 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 @ WB website

Updated in EWS Sep 24, 2017

Disclosed by Bank Mar 25, 2017

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Project Description
The development objective of the Road Asset Management Project for Liberia is to support the Recipient's efforts to reduce transport costs along the road corridor from Monroviato the Guinea border and to maintain the road in good condition over a 10-year period. The additional financing is fully aligned with the strategic themes of the World Bank Group’s country partnership strategy (CPS) 2013-2017: (a) to rebuild core state functions and institutions; (b) to rehabilitate infrastructure to jump-start economic growth; and (c) to facilitate pro-poor growth. The additional financing will finance two new components consisting of: (a) road safety activities and right-of-way (RoW) preservation, and (b) involuntary resettlement along the 6.5 km urban section of Suakoko highway in Monrovia. The project closing date will be extended by 24 months, from June 30, 2022, to June 30, 2024. The results framework will be revised to better measure outputs related to the road works, gender impacts, citizen engagement, and road safety. The parent project is Liberia Road Asset Management Project - LIBRAMP (P125574)
Investment Description
  • World Bank (WB)
Contact Information
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