The loan to the Government of Cambodia for the execution of the CBRDP became effective
three months after board approval. This is faster than IFAD’s global average (12.4 months), the
average for the Asia and Pacific Division (APR) (9.2 months) and close to the average of IFADfunded
projects in Cambodia (2.5 months) the originally established closing date was extended once to
30 June 2010