Viet Nam’s gross domestic product (GDP) had grown at an average of 7.5% per annum over 1996–2006 and reached 8.2% in 2006. Building on this remarkable performance, the government was determined to maintain a high economic growth of 8.0%–8.5% in 2006–2010 to reduce poverty to 11%–15% by 2010.
The project appraisal in 2010 saw the North–South Economic Corridor (NSEC), which connects Greater Mekong Subregion countries and southeastern People’s Republic of China (PRC), as a dynamic area of development. Its eastern branch, which links Kunming and Nanning in the PRC to Ha Noi and northern Viet Nam, was experiencing rapid growth due to increasing investments, cross-border trade, and flow
In November 2008, the Asian Development Bank (ADB) approved a multitranche financing facility (MFF) of up to $700 million for the Central Asia Regional Economic Cooperation (CAREC)Transport Corridor I (Zhambyl Oblast Section) [Western Europe–Western People's Republic of China International Transit Corridor] Investment Program in Kazakhstan. The MFF was to improve a 301-kilometer (km) section o
During project appraisal in 2010, poor transport connectivity was identified as a major development constraint for Nepal. Road transport, the predominant mode that accounted for more than 90% of passenger and freight transport, was supported by a strategic road network that provided links to major economic centers and neighboring countries.
Timor-Leste’s independence from Indonesia in 1999 was followed by a conflict that resulted in massive internal displacements and damage to infrastructure. Restoration of roads became critical to enable the return of the displaced population and the resumption of economic activity.
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