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Lesson
In addition to these identified lessons, this validation finds two additional lessons to improve project sustainability: undertake a more detailed financial evaluation of road maintenance funding to determine if financial resources are sufficient—with and without the tolling option, and

Project Number: 41121-043
Project Name: CAREC Transport Corridor I (Zhambyl Oblast Section) [Western Europe–Western People's Republic of China International Transit Corridor] Investment Program (Tranche 3)
Report Date:
Lesson
the business plan of the operating and maintenance company should be better analyzed to determine the validity of toll revenue assumptions.

Project Number: 41121-043
Project Name: CAREC Transport Corridor I (Zhambyl Oblast Section) [Western Europe–Western People's Republic of China International Transit Corridor] Investment Program (Tranche 3)
Report Date:
Lesson
Maintenance depots, although a small component of the project, should have been vetted more closely. It could have avoided most of the issues that subsequently caused delays and completion of 3 out of 4 depots outside of the loan effectivity period.

Project Number: 41121-033
Project Name: CAREC Transport Corridor I (Zhambyl Oblast Section) [Western Europe–Western People's Republic of China International Transit Corridor] Investment Program (Tranche 2)
Report Date: