Asian Development Bank Support for the Transport Sector in Viet Nam
Viet Nam's remarkable economic transformation over the last decade was made possible in part by strong investment in its transport sector. Indeed, surveys in the country suggested that investing 1% of provincial gross domestic product in transport infrastructure could reduce poverty by 0.5%-1.0% and that an investment of $50 million in transport in the 15 poorest provinces could reduce poverty by 6%-7%.
Since resuming operations in Viet Nam in 1993, Asian Development Bank (ADB) provided assistance to the country's transport sector - including ports, waterways, shipping, railways, and roads and highways - of $2.37 billion and technical assistance of $22.51 million. This included assistance made through the Greater Mekong Subregion program.
This sector assistance program evaluation assesses the ADB's support for Viet Nam's transport sector since 1993. The evaluation found that ADB has had a successful program of investments in the roads subsector, both through national and Greater Mekong Subregion investments.
Among the key findings, the study said that ADB assistance was in line with Viet Nam's needs, priorities, and capacities and harmonized with support provided by other development partners.
In light of its expanding transport sector operation, the study recommended that ADB develop a governance plan that would comprehensively address the institution building and organizational changes required to mitigate the risks of the current institutional arrangements.
Other recommendations included that ADB should consider providing "real‐time" advisory support to government for new areas of intervention, such as private sector participation in investments. And through close cooperation with other development partners, ADB should improve the sustainability of projects by gaining government commitment to maintain funding.
- Executive Summary
- Introduction and Background
- Development Context and Government Priorities
- ADB Strategies for the Transport Sector
- Top-down Assessment
- Performance of Projects and Technical Assistance
- Overall Assessment, Conclusions, Lessons, and Recommendations