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CSV
Lesson
A country specific EIRR and economic net present value would have to follow to put the investment in proper perspective

Project Number: 42107-023, 42107-033, 42107-043
Project Name: Central Asia Regional Economic Cooperation Corridor 2 Road Investment Program
Report Date:
Lesson
To confirm the economic viability of the regional plan and then identify which countries benefit or do not benefit, an economic internal rate of return (EIRR) for the region should be prepared in the first instance of the regional investment.

Project Number: 42107-023, 42107-033, 42107-043
Project Name: Central Asia Regional Economic Cooperation Corridor 2 Road Investment Program
Report Date:
Lesson
Economic and financial analyses should be consolidated to provide a snapshot of individual micro-targeted interventions and a macro-level view.

Project Number: 42489-043
Project Name: Water Supply and Sanitation Services Investment Program – Tranche 3
Report Date:
Lesson
A number of the indicators in the DMF are framed inadequately. For example, the indicator related to road beneficiaries claimed that 4.5 million people would benefit. It was not clear how this was measured, as the area of the project itself is basically uninhabited. While it was also clear that some indicators were dropped during project implementation, such as the number of women expected to benefit from the project (para. 16).

Project Number: 42107-033
Project Name: Central Asia Regional Economic Cooperation Corridor 2 Road Investment Program (Tranche 2)
Report Date:
Lesson
The original forecasts for traffic intensity on the road section may have not warranted a four-lane road improvement (para. 13). While the PCR listed an economic downturn in Uzbekistan for this, the validation notes that the methodology followed for the estimation of traffic intensity at initial appraisal, contract completion, and reappraisal was poorly structured. Estimating traffic based upon extremely short surveys is known to introduce significant potential inaccuracies. This appears to be a common issue, with insufficient emphasis being placed upon traffic surveys.

Project Number: 42107-033
Project Name: Central Asia Regional Economic Cooperation Corridor 2 Road Investment Program (Tranche 2)
Report Date:
CSV