$100 Million Climate-Resilient Road Project to Improve Access to Basic Services, Economic Opportunities

The World Bank’s Board of Executive Directors today approved a $100 million credit from the International Development Association (IDA) for the Cambodia Road Connectivity Improvement Project.

The project will enhance rural communities’ access to critical services, such as health centers, referral hospitals, schools and markets, through the improvement of climate-resilient rural roads. By improving selected sections of national and provincial roads, it will also reduce transportation costs and road disruption risks, helping to facilitate agriculture supply chains and tourism development.

Despite significant improvements of past years, transportation costs remain high in Cambodia. Roads are the predominant transportation mode for the country, and investments are needed, particularly in rural areas. Rural roads account for more than 75 percent of the road network, yet only 5 percent are paved. With a changing climate, heavy rainfalls and flooding pose an increasing risk of disruptions for road connectivity.

In full: https://indiaeducationdiary.in/cambodia-100-million-climate-resilient-road-project-to-improve-access-to-basic-services-economic-opportunities/

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