Results-based Road Maintenance and Safety Project

closed

The objectives of the Results-Based Road Maintenance and Safety Project for Albania are to: (a) maintain the condition and improve the safety of the Borrower’s primary road and primary-secondary road networks, and (b) strengthen sustainable and efficient road asset management and safety practices, for the benefit of road users. There are four components to the project, the first component being maintenance works and monitoring. The objective of this component is to provide periodic and routine maintenance of Project roads. The second component is the institutional reforms. The objective of this component is to support institutional reforms at both ARA and MOTI, aimed at enhancing capacity in road safety and road asset management on a country level. This is a DLI-based component, and financing is linked to the accomplishment of agreed disbursement linked indicators. The third component is the sector reforms. The objective of this component is to support transport sector reforms. Financing under this component will be based on standard Bank Investment Project Financing (IPF) disbursement procedures, and it will be fully financed out of the IBRD loan, with the Government financing only the Value Added Tax (VAT). The component will provide financing to address sector reforms, which would include, but not limited to, technical and advisory assistance to GoA to finalize the Transport Sector Strategy and associated implementation plan; and technical and analytical support for medium term budget planning. Finally, the fourth component is the project management and audit.