Road Asset Management Project II Additional Financing (WB-P165249)

Countries
  • Cambodia
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
Active
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
Jun 21, 2018
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
Government of Cambodia
The holder of the loan, grant, or other investment.
Sectors
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 110.00 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)
$ 113.00 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 Nov 27, 2018

Disclosed by Bank Mar 1, 2018


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Project Description

The project aims to "improve the condition, safety and climate resilience of selected national road corridors in Cambodia and to provide immediate and effective response in case of an Eligible Crisis or Emergency."  The project includes the systematic introduction of designs that include climate proofing and road safety measures and the use of performance based contracts; and enhancing Ministry of Public Works and Transport’s capacity to carry out road maintenance planning, contracting and management.

Investment Description
  • World Bank (WB)

Co-financing: Government of Cambodia US$ 3 million

Contact Information
Implementing Agencies
Ministry of Public Works and Transport
H.E. Sun Chanthol, Minister
mpwt@online.com.kh

ACCOUNTABILITY MECHANISM OF WORLD BANK

The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx .