GuidanceNote:RoadTransportSubsectorRiskAssessmentTheroadtransportsubsectortendstobevulnerabletorisks.Thisisduetolargebudgetsthatoftencompriseasizablepercentageofacountry’snationalbudget(20%–30%),anunclearstrategicvision,nontransparentpolicydecisionsthatleadtoinappropriatepriorities,procurementcontractsforgoodsandservicesthatlendthemselvestocorruption,andpoliticalinterference.Additionalfactorsincludeweakbusinessprocessesandcontrolsystems,weakcapacityofsubsectoragencies,andfragilelinksacrossagenciesandstakeholders.Thisguidancenoteservestwospecificpurposes:(i)explainkeyroadtransportfeaturesandidentifyentrypointsformappinggovernancerisks,and(ii)supporteffortstogenerateknowledgeproductsthatcaninformthepreparationoffuturecountrypartnershipstrategies.Overall,itassistswiththerecognitionofgovernancerisksthatcanreducethebenefitsfromoperationsintheroadtransportsubsector.AbouttheAsianDevelopmentBankADB’svisionisanAsiaandPacificregionfreeofpoverty.Itsmissionistohelpitsdevelopingmembercountriessubstantiallyreducepovertyandimprovethequalityoflifeoftheirpeople.Despitetheregion’smanysuccesses,itremainshometotwo-thirdsoftheworld’spoor:1.8billionpeoplewholiveonlessthan$2aday,with903millionstrugglingonlessthan$1.25aday.ADBiscommittedtoreducingpovertythroughinclusiveeconomicgrowth,environmentallysustainablegrowth,andregionalintegration.BasedinManila,ADBisownedby67members,including48fromtheregion.Itsmaininstrumentsforhelpingitsdevelopingmembercountriesarepolicydialogue,loans,equityinvestments,guarantees,grants,andtechnicalassistance.GuidanceNoteRoadTransportSubsectorRiskAssessmentAsianDevelopmentBank6ADBAvenue,MandaluyongCity1550MetroManila,Philippineswww.adb.orgISBN978-92-9092-093-9PublicationStockNo.TIM102270PrintedinthePhilippinesGuidanceNote:RoadTransportSubsectorRiskAssessmentTheroadtransportsubsectortendstobevulnerabletorisks.Thisisduetolargebudgetsthatoftencompriseasizablepercentageofacountry’snationalbudget(20%–30%),anunclearstrategicvision,nontransparentpolicydecisionsthatleadtoinappropriatepriorities,procurementcontractsforgoodsandservicesthatlendthemselvestocorruption,andpoliticalinterference.Additionalfactorsincludeweakbusinessprocessesandcontrolsystems,weakcapacityofsubsectoragencies,andfragilelinksacrossagenciesandstakeholders.Thisguidancenoteservestwospecificpurposes:(i)explainkeyroadtransportfeaturesandidentifyentrypointsformappinggovernancerisks,and(ii)supporteffortstogenerateknowledgeproductsthatcaninformthepreparationoffuturecountrypartnershipstrategies.Overall,itassistswiththerecognitionofgovernancerisksthatcanreducethebenefitsfromoperationsintheroadtransportsubsector.AbouttheAsianDevelopmentBankADB’svisionisanAsiaandPacificregionfreeofpoverty.Itsmissionistohelpitsdevelopingmembercountriessubstantiallyreducepovertyandimprovethequalityoflifeoftheirpeople.Despitetheregion’smanysuccesses,itremainshometotwo-thirdsoftheworld’spoor:1.8billionpeoplewholiveonlessthan$2aday,with903millionstrugglingonlessthan$1.25aday.ADBiscommittedtoreducingpovertythroughinclusiveeconomicgrowth,environmentallysustainablegrowth,andregionalintegration.BasedinManila,ADBisownedby67members,including48fromtheregion.Itsmaininstrumentsforhelpingitsdevelopingmembercountriesarepolicydialogue,loans,equityinvestments,guarantees,grants,andtechnicalassistance.GuidanceNoteRoadTransportSubsectorRiskAsse...