Oman - Second Highway Maintenance Project

Document of The World Bank FOR OFFICIAL USE ONLY t' ti'.. iS ' Report No. P-3171-OM REPORT AND RECOMMENDATION OF THE PRESIDENT OF THE INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT TO THE EXECUTIVE DIRECTORS ON A PROPOSED LOAN TO THE SULTANATE OF OMAN FOR A SECOND HIGHWAY MAINTENANCE PROJECT DECEMBER 9, 1981 This document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwise be disclosed without World Bank authorization.  CURRENCY EQUIVALENTS Calendar 1980 November 1981 Currency Unit = Rial Omani (RO) RO $ 1 = RO 0.35 0.35 RO 1 = $2.89 2.89 FISCAL YEAR January 1 - December 31 GLOSSARY OF ABBREVIATIONS DGR : Directorate General of Roads GTO : General Telecommunications Organization rOC : Ministry of Communications  FOR OFFICIAL USE ONLY SULTANATE OF OMAN - SECOND HIGHWAY MAINTENANCE PROJECT LOAN AND PROJECT SUMMARY Borrower: Sultanate of Oman Amount: US$15 million equivalent. Terms: Amortization in 15 years, including a 3-year grace period, with interest at 11.6 percent per annum. Project Description: The project would consist of the first three years of the five-year (1982-1987) national program for highway maintenance. It would build on the first Highway Maintenance Project financed under Loan 1441-OM and pursue its institutional-building objectives, thus contributing to preserve the large investments Oman has made in the recent past to develop its road network. The project would comprise the following components: (i) periodic maintenance and minor improvements of highways; (ii) equipment and spare parts for highway maintenance, workshops, training and pavement data collection; (iii) construction and/or rehabilitation of workshops and highway maintenance centers; (iv) technical assistance to Directorate General of Roads and Ministry of Communications; and (v) routine highway maintenance. While experience with the first project suggests that unavailability of sufficient numbers of trainees presents a risk to meeting planned targets, this would be offset by the commissioning of new workshops in the near future and increased efforts being made by the Government to make trainees available. This document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwise be disclosed without World Bank authorization.  - ii. - Estimated Cost; Local Foreign Total