Malaysia Sun
Wednesday 23rd January, 2008
The Asian Development Bank (ADB) and its development partners are providing $40.8 million to help Cambodia maintain roads.
ADB will extend a $6 million loan to the Road Asset Management Project. Australia will provide a $4.8 million grant through the Australian Agency for International Development to be managed by ADB. The International Development Association of the World Bank Group will help fund the project through a $30 million credit line.
The government of Cambodia will complete project funding by providing $17.55 million.
The project will finance periodic maintenance for about 950 kilometers of roads managed by the Ministry of Public Works and Transport to help fill the gap between road maintenance requirements and available funds. The project will also enable the ministry to sustain road maintenance and management.
Before the project is implemented, the ministry will establish a road asset management office that will be in charge of systematic maintenance planning of roads managed by the ministry. It will also support and train ministry management and line organizations to become efficient road asset managers.
“The project will promote economic growth by reducing future transport costs and preserving road connections. It will lead to a more sustainable road sector based on an efficient network of roads and effective road management,” said Peter Broch, Transport Economist of ADB’s Southeast Asia Department.
Cambodia primarily depends on its road network, which covers about 39,400 kilometers, to transport goods and people. Road management is shared by the Ministry of Public Works and Transport, which is responsible for about 11,400 kilometers of national and provincial roads, and the Ministry of Rural Development, which manages about 28,000 kilometers of rural roads.
By the early 1990s, years of civil strife had led to widespread deterioration of roads. Rehabilitation of the primary national roads has been undertaken over the last 15 years with substantial support from ADB and other development partners and is now almost completed. Some 2,700 kilometers of national road have so far been rehabilitated, and they connect the major population centers and Cambodia with its neighbors. The asset value of the rehabilitated network is about $800 million, but it is deteriorating rapidly due to lack of adequate maintenance, poor road quality and increasing traffic.
"This means large parts of the investment in rehabilitating the national roads could be lost within the next five to six years unless the Ministry of Public Works and Transport's road asset preservation works program is expanded and accelerated," said Mr. Broch.
Wednesday 23rd January, 2008
The Asian Development Bank (ADB) and its development partners are providing $40.8 million to help Cambodia maintain roads.
ADB will extend a $6 million loan to the Road Asset Management Project. Australia will provide a $4.8 million grant through the Australian Agency for International Development to be managed by ADB. The International Development Association of the World Bank Group will help fund the project through a $30 million credit line.
The government of Cambodia will complete project funding by providing $17.55 million.
The project will finance periodic maintenance for about 950 kilometers of roads managed by the Ministry of Public Works and Transport to help fill the gap between road maintenance requirements and available funds. The project will also enable the ministry to sustain road maintenance and management.
Before the project is implemented, the ministry will establish a road asset management office that will be in charge of systematic maintenance planning of roads managed by the ministry. It will also support and train ministry management and line organizations to become efficient road asset managers.
“The project will promote economic growth by reducing future transport costs and preserving road connections. It will lead to a more sustainable road sector based on an efficient network of roads and effective road management,” said Peter Broch, Transport Economist of ADB’s Southeast Asia Department.
Cambodia primarily depends on its road network, which covers about 39,400 kilometers, to transport goods and people. Road management is shared by the Ministry of Public Works and Transport, which is responsible for about 11,400 kilometers of national and provincial roads, and the Ministry of Rural Development, which manages about 28,000 kilometers of rural roads.
By the early 1990s, years of civil strife had led to widespread deterioration of roads. Rehabilitation of the primary national roads has been undertaken over the last 15 years with substantial support from ADB and other development partners and is now almost completed. Some 2,700 kilometers of national road have so far been rehabilitated, and they connect the major population centers and Cambodia with its neighbors. The asset value of the rehabilitated network is about $800 million, but it is deteriorating rapidly due to lack of adequate maintenance, poor road quality and increasing traffic.
"This means large parts of the investment in rehabilitating the national roads could be lost within the next five to six years unless the Ministry of Public Works and Transport's road asset preservation works program is expanded and accelerated," said Mr. Broch.
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