Disclosable Restructuring Paper - Fourth East West Highway Improvement Project - P130413

The development objectives of Fourth East West Highway Improvement Project are: (i) to contribute to the gradual reduction of road transport costs and to improve road safety along the section upgraded under the project; and (ii) to strengthen the capacity of the Roads Department (RD) and Ministry of Regional Development and Infrastructure (MRDI) to plan and manage the road network and improve road traffic safety. This restructuring requires the extension of the closing date of the project from February 28, 2019 to December 31, 2019 to allow for the successful completion of technical studies and other activities.