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Cambodia - Phnom Penh Power Rehabilitation Project (English)

The audit concurs with the Implementation Completion Report (ICR) and ICR review ratings of satisfactory project outcome, likely sustainability, and substantial institutional development impacts, achieved through a highly satisfactory Bank performance, and satisfactory Borrower performance. At the sector level, the project yielded two important lessons of broad applicability. First, it showed that sector reforms can be initiated successfully when there is strong government commitment, even in post-conflict countries with difficult political, economic, and institutional environments. Under these conditions, the Bank can provide a key facilitating role through its financing of critical physical investments, technical assistance, and advice focused on improving electricity sector efficiency, and establishing an independent and transparent legal and regulatory framework. Second, for small countries with limited institutional capacity, electricity sector reforms should first focus on commercialization, and selecting a market structure tailored to the country's circumstances. Private sector participation can be introduced once the governance structure and commercial operations are in place. At the project level, the lessons that emerge from implementation experience address the use of expert advisers, which should be designed to ensure they transfer their management and technical skills to local staff, and, staff continuity is an important factor in fostering greater cooperation. In terms of future strategy, the two main challenges facing Cambodia's power sector are to broaden access for the poor - in a manner that is fully integrated with overall power sector reforms - as the country moves toward private power provision and the commercialization of the power sector.


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    Project Performance Assessment Report

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  • Region

    East Asia and Pacific,

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  • Doc Name

    Cambodia - Phnom Penh Power Rehabilitation Project

  • Keywords

    Policy and human Resource Development;contracts for power purchase;Internal Economic Rate of Return;Economic Internal Rate of Return;legal and regulatory framework;institutional development impact;dialogue on sector reform;kv transmission line;quality of power supply;Operational Core Curriculum;Project Preparation and Appraisal;return on fixed asset;power sector reform;quality at entry;decades of war;interest during construction;asian financial crisis;kingdom of cambodia;transmission and distribution;return on asset;local government agency;energy regulatory authority;independent regulatory body;power factor correction;competitive bidding process;rural infrastructure service;value added tax;electricity distribution system;quality of preparation;Promoting Private Sector;human resource base;line item budget;power sector development;Electricity Sector Reform;assumption on costs;reliability of supply;adverse social impact;lack of resource;demand for electricity;power purchase agreement;financial performance indicator;limited liability corporation;peer review process;private service provider;project performance indicator;independent power producer;Energy Sector Reform;gnp per capita;round of consultations;land acquisition;



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Cambodia - Phnom Penh Power Rehabilitation Project (English). Washington, D.C. : World Bank Group.