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Macedonia - Transit Facilitation Project (Inglês)

This audit, largely concurs with the Implementation Completion Report ratings of the project outcome as highly satisfactory, with a likely sustainability, and substantial institutional development impact. However, it downgrades the Bank performance to just satisfactory, in view that the Bank should have considered an assessment of the transport sector investment program, and through its economic dialogue, reviewed such investments, instead of limiting the operation to the road sector, thus ignoring investments in the railway system, a sub-sector likely to have significant, negative fiscal consequences. Lessons suggest that although a simple, well-focused project design is conducive to success, it risks leaving behind significant sector issues, which should be included in Bank-country dialogue, such as in this case: the railway sector, where the decision-making process for FYR Macedonia, is questioned, on the grounds of not being economically viable; and, road funding, and concessioning, present significant risks, given the potential for economic distortions under the current funding approach. Thus, it is suggested that Bank-International Monetary Fund cooperation in transport projects can be especially useful, in projects with a focus on transit facilitation objectives.

Detalhes

  • Data do documento

    2000/05/24

  • TIpo de documento

    Relatório sobre Avaliação do Desempenho do Projeto

  • No. do relatório

    20484

  • Nº do volume

    1

  • Total Volume(s)

    1

  • País

    North Macedonia,

  • Região

    Europa e Ásia Central,

  • Data de divulgação

    2017/11/20

  • Disclosure Status

    Disclosed

  • Nome do documento

    Macedonia - Transit Facilitation Project

  • Palavras-chave

    transit facilitation;collection of customs duty;short period of time;institutional development impact;types of road;management of road;data collection phase;retroactive financing;degree of confidence;payment of salary;transfer of data;high growth rate;international express carriers;road maintenance budget;national road network;border crossing procedure;local competitive bidding;main road corridor;vehicles per day;weights and measure;transport sector investment;vegetable and fruit;public investment program;bank procurement procedure;road transport costs;free trade agreement;gnp per capita;cooperation between customs;amount of traffic;customs component;institutional strengthening;audit mission;customs organization;international transport;road section;transport route;road management;civil works;International Trade;transport investment;transit route;advance preparation;customs procedure;customs broker;alternative route;Bank Procedure;north-south corridor;road system;external financier;road work;railway system;trade route;economic recovery;visual inspection;highway agency;road agency;international freight;traffic level;Toll Road;road sector;road asset;railway policy;traffic demand;border points;audit support;mountainous terrain;border delays;economic distortion;road development;toll revenue;free road;landlocked country;financial resource;software problem;physical infrastructure;sustainability rating;good performance;border traffic;bank regulation;specialized equipment;customs revenue;radical reform;customs reform;automobile vehicle;important component;visa regime;parallel road;system administrator;contract services;transit condition;airport authority;data gathering;audit review;paved road;mechanical equipment;project approval;fiscal consequence;satisfactory rating;bank operation;project costing;freight forwarder;small country;highway engineer;civil engineer;secondary road;border police;budget cover;institutional dimension;equipment operation;private concessionaire;local area;relief operation;road authority;Investment Review;audit rate;bank investment;construction industry;operational alternative;construction company;Trade Logistics;ethnic conflict;policy paralysis;export growth;trade embargo;improving management;procurement authority;administrative support;private enterprise;local financing;direct route;Socialist economies;land transport;pavement management;road investment;internal environment;freight forwarding;logistics cost;international consultant;traffic counter;transport operation;steep decline;railway traffic;passenger rail;standard procedure;political stability;logistics strategy;lower costs;railway operation;Investment priorities;investment priority;trading partner;trade bloc;transport expenditure;regional context;output decline;regional conflict;net transfer;federal government;mining enterprise;industrial production;expected growth;economic reform;

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